Dubai Real Estate Sales Surge by 30.3% in Q1 2025, Reaching $38.85 Billion
Dubai’s property market continued its impressive growth in the first quarter of 2025, recording total sales of AED142.7 billion ($38.85 billion). This marks a 30.3% increase compared to the same period last year and stands as the second-highest quarterly sales figure ever, trailing only the Q4 2024 record of AED147.2 billion.
The number of transactions also saw a significant rise, reaching 45,485—an increase of 22.8% year-on-year.
Strong Market Growth and Investor Confidence
Dubai’s real estate market continues to demonstrate resilience and sustained growth, driven by strong demand from both local and international buyers. The city’s status as a prime investment hub remains reinforced by steady price increases and high transaction volumes.
Plot Sales Skyrocket by 193.8%
All sectors of Dubai’s real estate market experienced growth in Q1 2025, with plot sales seeing the most dramatic increase—soaring by 193.8% to AED35.5 billion across 2,926 transactions.
Other key market segments also performed strongly:
- Villa sales rose by 43.1% to AED41.3 billion (8,369 transactions).
- Apartment sales climbed 12.6% to AED62.3 billion (32,884 transactions).
- Commercial property sales increased 25.2% to AED3.6 billion (1,212 transactions).
Rising Property Prices
Dubai’s property values continued their upward trajectory, with the median price reaching AED1,563 per square foot in Q1 2025. This represents a steady rise from previous years: AED889 in 2021, AED1,124 in 2022, AED1,283 in 2023, and AED1,497 in 2024.
Q1 real estate sales have grown significantly over the past five years, climbing from AED21 billion in 2020 to AED109.5 billion in 2024 before reaching this year’s total of AED142.7 billion. Similarly, the number of transactions has surged from 9,800 in 2020 to 37,000 in 2024.
Dubai’s Top-Performing Areas
The report highlighted the five most active areas in Q1 2025:
- Jumeirah Village Circle – 3,605 transactions worth AED4.56 billion
- Wadi Al Safa – 3,596 transactions worth AED7.64 billion
- Business Bay – 2,782 transactions worth AED7.27 billion
- Dubai South – 2,676 transactions worth AED8.75 billion
- Dubai Marina – 2,583 transactions worth AED9.28 billion
High-Value Transactions
The priciest real estate transaction of the quarter was a luxury villa in Dubai Hills Estate, which sold for AED140 million. Meanwhile, the most expensive apartment sale took place at The Rings 1 in Jumeirah Second, fetching AED116 million.
Sales Breakdown by Price Range
- Properties priced AED1-2 million accounted for 31% of total sales (14,242 transactions).
- Properties below AED1 million made up 26% of sales.
- Properties valued at AED2-3 million represented 19% of transactions.
- Homes in the AED3-5 million range contributed 15% of sales.
- Properties above AED5 million made up 9% of transactions (3,939 deals).
Dubai’s real estate market continues to thrive, with strong demand and rising values reinforcing its status as a global investment hotspot.
