Dubai’s Real Estate Market Sets New Records
Dubai’s real estate market is on fire, having set a new monthly sales record of AED 62.4 billion ($17 billion) in April 2025. This remarkable figure represents a staggering 95.3% increase in value compared to the same month last year, as reported by fäm Properties.
Transaction Volume Skyrockets
April also saw a total of 17,979 transactions, marking a 55.4% rise from April 2024. This volume makes it the third best-selling month ever recorded. The strength in sales reaffirms Dubai’s real estate sector as a dynamic and thriving environment for property investment.
Historical Context
The April sales figure outshone the previous monthly record of AED 61.1 billion ($16.6 billion) set in October of the past year. Moreover, this surge follows a significant quarterly performance, with Q1 2025 recording a total of AED 142.7 billion ($38.9 billion)—the second highest quarterly total in Dubai’s history.
The Components of Growth
According to data from DXBinteract, the eagerness of buyers across various market segments has contributed significantly to this growth. Notably, villa sales skyrocketed to 3,223 transactions, representing a 134% rise, worth AED 23.7 billion ($6.45 billion).
Other Transaction Insights:
- Plot Sales: These transactions saw a remarkable 126% increase, amounting to AED 10.9 billion ($3 billion) from 599 plots sold.
- Apartment Sales: With AED 26.7 billion ($7.4 billion) in sales, these transactions grew by 42.3%, with 13,737 apartments sold.
Commercial properties also played a role, with 419 transactions totaling AED 1.1 billion ($299 million), a notable increase of 54% in volume.
Pricing Trends
The average price per square foot also experienced an uplift, climbing by 2.3% to AED 1,583 ($431). Such an increase reflects growing buyer confidence and sustained demand across the spectrum of Dubai’s real estate market.
Expert Commentary
Firas Al Msaddi, CEO of fäm Properties, emphasized the continuing strength of the Dubai real estate market. He noted, “This data underscores the consistent growth we’ve observed in recent years. It reassures investors of Dubai’s status as a secure, dependable destination for real estate investment, while also attracting increasing interest from local, regional, and international markets.”
A Look Back
To fully appreciate the magnitude of this leap, let’s review Dubai’s monthly property sales over the last five years:
- 2020: AED 3.6 billion ($980 million) from 1,700 transactions
- 2021: AED 10.9 billion ($3 billion) from 4,800 transactions
- 2022: AED 17.5 billion ($4.8 billion) from 6,900 transactions
- 2023: AED 26.3 billion ($7.2 billion) from 8,000 transactions
- 2024: AED 32 billion ($8.7 billion) from 11,600 transactions
- 2025: AED 62.4 billion ($17 billion) from 17,979 transactions
Noteworthy Sales
April marked impressive individual property transactions too. The most expensive property sold was a luxurious villa at Palm Jumeirah, fetching AED 180 million ($50 million). Meanwhile, the priciest apartment change of hands was at the Bulgari Lighthouse Dubai, which commanded AED 156 million ($42.5 million).
Sales Distribution
Looking at the distribution of sales:
- Properties priced over AED 5 million ($1.4 million) constituted 11% of total sales.
- Transactions in the AED 1-2 million ($272,000-$544,000) range represented 31%.
- Properties below AED 1 million ($272,000) made up 27%.
- AED 2-3 million ($544,000-$817,000) sales accounted for 18%.
- Finally, properties from AED 3-5 million ($817,000-$1.4 million) made up 14%.
Interestingly, first sales from developers significantly outpaced resales, with a 67% to 33% split in terms of volume and overall value.
Top Performing Areas
The top five areas for real estate transactions in April 2025 were:
- Jumeirah Village Circle: 1,606 units sold valued at AED 2.166 billion ($590 million).
- Business Bay: 1,168 units sold worth AED 3.477 billion ($947 million).
- Al Yelayiss 1: 1,020 units amounting to AED 3.338 billion ($909 million).
- Wadi Al Safa 5: 964 units totaling AED 1.983 billion ($539 million).
- Dubai Marina: 926 units with a value of AED 3.243 billion ($883 million).
The Future Outlook
As Dubai’s real estate market continues to break records, it showcases an invigorating landscape for real estate investments. With a broadening appeal for local and international buyers, the momentum appears unyielding, promising a thrilling future for the sector.
