Dubai’s real estate market continued to rise in 2025, achieving sales worth AED 142.7 billion (US$38.85 billion) in the first quarter. This number marks the second highest quarter, with a value of 30.3% compared to the previous year.
In the first quarter of 2025, the city recorded 45,485 sales transactions, up 22.8% compared to the first quarter of 2024.
The latest data from fäm Properties stated that the Q1 results were just barely less than the all-time quarterly revenue record of AED147.2 billion from 50,218 transactions in Q4 2024.
“Once again, we’re seeing figures which emphatically underscore the remarkable resilience and strength of Dubai’s real estate market, as the consistent growth of recent years continues. This sustained upward trend cements Dubai’s position as a prime real estate investment hub, drawing increasing interest from global investors alongside strong demand from local and regional buyers,” said Firas Al Msaddi, CEO of fäm Properties.
Plot sales surge by 193.8 percent
In the first quarter of 2025, all real estate sectors in Dubai recorded a significant increase in the real estate sector, with sales of 35.5 billion AEDs, leading to sales of 35.5 billion AEDs, compared to 2,926 transactions.
DXBinteract data shows Villa’s sales increase by 43.1% compared to the previous year to AED 41.3 billion. In the meantime, apartment sales for 32,884 transactions rose 12.6% to AED 62.3 billion. Furthermore, commercial sales increased 25.2% from 1,212 to AED 3.6 billion.
Property prices trend up
In comparison to the Q1 rates of AED889 in 2021, AED1,124 in 2022, AED1,283 in 2023, and AED1,497 last year, the median price of real estate in Dubai increased to AED1,563 per square foot last quarter.
From AED21 billion in 2020 to AED24.6 billion in 2021, AED54.6 billion in 2022, AED89 billion in 2023, and AED109.5 billion last year, Dubai’s Q1 real estate sales have now increased to their current level during the previous five years.
Furthermore, from 9,800 sales transactions in 2020 to 11,600 in 2021, 20,200 in 2022, 31,100 in 2023, and 37,000 last year, the number of sales transactions has increased significantly.
Top five performing areas
The survey also highlighted that the top five performing locations in Dubai’s real estate market last quarter were Jumeirah Village Circle (3,605 deals worth AED4.559 billion) and Wadi Al Safa (3,596 transactions worth AED7.642 billion).
Other top performing areas in Q1 included:
- Business Bay: 2,782 transactions valued at AED7.265 billion.
- Dubai South: 2,676 transactions valued AED8.745 billion.
- Dubai Marina: 2,583 transactions valued at AED9.284 billion.
The most expensive individual fortune for the first quarter was the luxury villa at Dubai Hills Estate, which won AED 140 million. In the meantime, the most expensive apartment was on sale at Rings 1 in Jumeirah, the second at AED 116 million.
Properties worth AED1-2 million accounted for 31% of sales in 14,242 transactions, while properties under AED1 million accounted for 26% of sales. Properties of AED2-3 million accounted for 19% of sales, while those for AED3-5 million contributed 15% of the total. Finally, residences worth more than AED5 million accounted for 9% of sales last quarter, with 3,939 transactions.
