Off-plan home registrations in Dubai have surged significantly, showcasing a notable monthly increase of 22.6 percent. This remarkable growth means that off-plan properties now make up a staggering 71.6 percent of all residential sales in the vibrant Dubai real estate market. This trend reflects not just a shift in buyer preferences but also an overall confidence in the city’s continuing growth and appeal.
According to a recent report from ValuStrat, Dubai’s residential real estate market is thriving, with substantial increases observed in villa and apartment values. The ValuStrat Price Index for April 2025 indicates that residential capital values rose to 214.1 points, showing a consistent monthly uptick of 1.6 percent and an impressive 25.3 percent year-on-year increase.
Breaking down the data, villa values have experienced a noteworthy surge, climbing to 280.5 points. This represents a 2 percent increase from the previous month and an outstanding annual growth of 29.8 percent. Premium neighborhoods like Jumeirah Islands and Palm Jumeirah have seen their property values skyrocket, with annual gains of 41.7 percent and 41.3 percent respectively. Such figures highlight the sustained demand and desirability of villas in Dubai’s upscale market—properties in these areas are now valued 63 percent above their peaks in 2014, showcasing resilience and recovery.
Read more: Dubai property prices rise 25.9 percent in March 2025, says ValuStrat
Meanwhile, apartment prices have climbed to 170.9 points, reflecting a monthly rise of 1.1 percent and a year-on-year increase of 20.9 percent. Areas like The Greens and Dubailand Residence Complex have demonstrated the highest growth in recent times, boasting increases of 26.5 percent and 24.8 percent, respectively. Despite these positive trends, apartment valuations remain 7 percent below the market peak seen in 2014; however, they’re notably 69.2 percent higher than post-pandemic levels, indicating a strong recovery.
In terms of market dynamics, ValuStrat’s report highlights a significant trend towards off-plan homes. These properties have increased by 61.5 percent annually, illustrating a robust market sentiment. Transactions for ready homes also experienced positive momentum, rising by 12 percent from the previous month and 49.6 percent year-on-year, following a brief slowdown in March that correlated with Ramadan.
The report further indicates a vibrant niche for prime home sales, particularly with 31 transactions involving properties priced over AED30 million. These upscale transactions are predominantly concentrated in sought-after locations like Dubai Hills Estate and Palm Jumeirah. The top developers contributing to this thriving market include Emaar Properties and DAMAC Properties, both of whom have played a significant role in driving overall sales performance.
