Dubai’s real estate market kicked off 2025 with a strong performance, recording AED44.4 billion ($12.1 billion) in property sales during January—an increase of 24.1% compared to the same period last year.
A report from fäm Properties highlights a total of 14,236 transactions, marking a 23.2% rise in volume from January 2024. The most notable growth came from land sales, which surged by 151.9% month-on-month, with 811 plots sold for AED8.6 billion ($2.3 billion).
Key Real Estate Segments in January 2025
- Villa Sales: Reached AED16.4 billion ($4.5 billion), with 3,117 transactions—an 89.6% increase from the previous year.
- Apartment Sales: Totaled AED18.2 billion ($5 billion), with 9,945 units sold, reflecting a 7.1% rise in volume.
- Commercial Property Transactions: Reached 363 deals worth AED1.2 billion ($327 million), up 17.9% in volume from January 2024.
Although the average price per square foot dipped by 4% to AED1,550 ($422), this still represents an 81.2% increase over the last five years from AED855 ($233) in January 2020.
Dubai’s Real Estate Boom Over Five Years
Property sales in January have grown by an astounding 822% in value since 2020:
- January 2020: AED4.8 billion ($1.3 billion) from 2,700 transactions
- January 2021: AED6.6 billion ($1.8 billion) from 3,300 transactions
- January 2022: AED16.3 billion ($4.4 billion) from 5,700 transactions
- January 2023: AED27.8 billion ($7.6 billion) from 9,700 transactions
- January 2024: AED35.8 billion ($9.7 billion) from 11,600 transactions
Record-Breaking Sales
The most expensive property sold in January 2025 was a luxury villa in Dubai Hills Estate, fetching AED140 million ($38.1 million). The highest-priced apartment sale was at Ava At Palm Jumeirah by Omniyat, selling for AED57 million ($15.5 million).
Market Trends
New property sales from developers dominated the market, accounting for 65% of transactions by volume and 60% by value, while resales made up the remaining 35% and 40%, respectively.
Breakdown of sales by price segment:
- 9% of properties sold were worth over AED5 million ($1.4 million)
- 31% ranged between AED1-2 million ($272,000-$545,000)
- 27% were below AED1 million ($272,000)
- 20% fell in the AED2-3 million ($545,000-$817,000) range
- 14% were priced between AED3-5 million ($817,000-$1.4 million)
Firas Al Msaddi, CEO of fäm Properties, emphasized Dubai’s consistent real estate growth, reinforcing the city’s position as a top investment hub attracting both local and international buyers.
For personalized guidance and expert advice on Dubai real estate, Keystone Global Real Estate is here to help. Contact us today +971 58 542 1007 | sales@ksgre.com to connect with a knowledgeable agent who can address your specific needs and guide you through every step of buying your dream home.
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