UAE Insider
    What's Hot
    Business

    Archer partners with Jetex to integrate global infrastructure portfolio into Air Taxi Network

    Business

    DMCC announces 7% growth in U.S. companies during latest trade roadshow to New York and Miami

    life

    Experience Unparalleled Serenity with Ladies Day Mondays at The St. Regis Spa Downtown Dubai

    Important Pages:
    • Privacy Policy
    • Terms & Conditions
    Facebook Twitter Instagram Pinterest
    • Privacy Policy
    • Terms & Conditions
    Saturday, June 28
    UAE Insider
    • Home
    • News

      DXB set for summer surge with over 3.4 million guests expected in the season kick-off

      Jardins Tramuntana wins Architecture Award for Son Bunyola Hotel by Sir Richard Branson

      UAE Participates in the 10th Annual Meeting of the Board of Governors of AIIB

      Roberto Carlos, marks the official launch of Real Madrid Foundation partners with ISD Sports City

      Diabetes Mobile Unit recognised with honourable mention from prestigious Global University Network

    • Business

      Unlocking Innovation in Enterprise Software Development

      Roberto Carlos, marks the official launch of Real Madrid Foundation partners with ISD Sports City

      Raya Distribution appointed Exclusive Distributor and after-sales partner for UK Tech Innovator Nothing and its Sub-BranRayad CMF by Nothing

      We One named ‘Security Company of the Year’ at FM Middle East Awards 2025

      Du partners with CRIF to advance sustainability goals via state-of-the-art ESG evaluation platform

    • Life

      Jardins Tramuntana wins Architecture Award for Son Bunyola Hotel by Sir Richard Branson

      Roberto Carlos, marks the official launch of Real Madrid Foundation partners with ISD Sports City

      Gianfranco Ferré Residences unveiled: Waterfront elegance with Milanese soul

      Diabetes Mobile Unit recognised with honourable mention from prestigious Global University Network

      Nando’s Opens Its Biggest UAE Restaurant in the Heart of Jumeirah Beach Residence (JBR)

    Facebook Twitter Instagram Pinterest
    UAE Insider
    Home » Dubai Real Estate market records AED142.7B sales in bumper first quarter
    Business

    Dubai Real Estate market records AED142.7B sales in bumper first quarter

    Facebook Twitter Pinterest WhatsApp LinkedIn
    default
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp

    Dubai, UAE, 3rd April, 2025: Dubai’s real estate market has continued its buoyant start to 2025, recording total sales worth AED 142.7 billion in Q1, the second highest quarterly figure on record.

    This represented a 30.3% year-on-year leap in value, while the 45,485 overall sales transactions also meant a 22.8% year-on-year increase.

    A market update issued today by fäm Properties revealed that the Q1 results were only fractionally down on the all-time quarterly sales record of AED 147.2 billion from 50,218 transactions in Q4 2024.

    The first quarter of 2025 saw significant year-on-year increases in all real estate sectors, led by a 193.8% jump in plot sales worth AED35.5 billion from 2,926 transactions.

    Data from DXBinteract shows villa sales were up by 43.1% year-on-year to AED41.3 billion from 8,369 deals, while apartment sales rose by 12.6% to AED 62.3 billion from 32,884 transactions. Commercial sales were also up by 25.2% to AED3.6 billion from 1,212 deals.

    Rising property values in recent years were highlighted by a Q1 median price of AED 1,563 per sq ft, compared with the Q1 rates of AED 889 in 2021, AED 1,124 in 2022, AED 1,283 in 2023 and AED 1,497 last year.

    “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,” said Firas Al Msaddi, CEO of fäm Properties.

    “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.”

    Dubai’s Q1 property sales over the last five years have now risen to the current level from AED 21 billion (9,800 transactions) in 2020 to AED 24.6 billion (11,600) in 2021, AED 54.6 billion (20,200) in 2022, AED 89 billion (31,100) in 2023 and AED 109.5 billion (37,000) last year.

    The top five performing areas of Dubai in terms of volume in Q1 were:

    • Jumeirah Village Circle: 3,605 transactions valued at AED 4.559 billion
    • Wadi Al Safa: 3,596 transactions valued AED7.642 billion
    • Business Bay: 2,782 transactions valued at AED 7.265 billion
    • Dubai South: 2,676 transactions valued AED 8.745 billion
    • Dubai Marina: 2,583 transactions valued at AED9.284 billion

    The most expensive individual property sold in Q1 was a luxury villa at Dubai Hills Estate which fetched AED 140 million. The most expensive apartment sold during the quarter went for AED 116 million at The Rings 1 at Jumeirah Second.

    With properties worth AED1-2 million accounting for 31% of sales (14,242), 26% (11,899) were below AED1 million, 19% (8,567) between AED2-3 million, 15% (6,837) between AED3-5 million, and 9% (3,939) more than AED5 million.

    Overall, first sales from developers significantly outnumbered re-sales in the secondary market – 65% over 35% in terms of volume and 61% against 39% in value.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp

    Related Posts

    News

    DXB set for summer surge with over 3.4 million guests expected in the season kick-off

    life

    Jardins Tramuntana wins Architecture Award for Son Bunyola Hotel by Sir Richard Branson

    News

    UAE Participates in the 10th Annual Meeting of the Board of Governors of AIIB

    Business

    Unlocking Innovation in Enterprise Software Development

    Business

    Roberto Carlos, marks the official launch of Real Madrid Foundation partners with ISD Sports City

    Business

    Raya Distribution appointed Exclusive Distributor and after-sales partner for UK Tech Innovator Nothing and its Sub-BranRayad CMF by Nothing

    Business

    We One named ‘Security Company of the Year’ at FM Middle East Awards 2025

    Business

    Du partners with CRIF to advance sustainability goals via state-of-the-art ESG evaluation platform

    Stay In Touch
    • Facebook
    • Twitter
    Don't Miss
    Business

    WoWDeals Launches in Qatar, Bringing Unbeatable Shopping Deals to Residents

    WowDeals Expands Its Premier Offerings to Qatar: Providing Exclusive Deals, Sales, and Discount Catalogs Through…

    Premier League to allow players to break fast mid-game during Ramadan

    O Gold and Emirates Gold forge a strategic partnership to redefine precious metals access in the UAE

    BECO Capital Secures $20M Investment from SVC to Drive Innovation in Saudi Arabia’s Startup Ecosystem

    SAL Activates the Fulfillment Sector Warehouses to Transform Logistics Landscape in Saudi Arabia

    Recent Posts

    • DXB set for summer surge with over 3.4 million guests expected in the season kick-off
    • Jardins Tramuntana wins Architecture Award for Son Bunyola Hotel by Sir Richard Branson
    • UAE Participates in the 10th Annual Meeting of the Board of Governors of AIIB
    • Unlocking Innovation in Enterprise Software Development
    • Roberto Carlos, marks the official launch of Real Madrid Foundation partners with ISD Sports City
    Our Picks
    life

    The Underground Pub Wins Prestigious Award At BBC Goodfood ME Awards 2023

    Business

    Mintiply Capital partners with Fuel Venture Capital to boost entrepreneurial scene in GCC

    Business

    Merchlist Emerges as a Leading Provider of Custom Branded Corporate Gifts and Promotional Products in UAE and Saudi Arabia

    Business

    ESET has been recognized as a triple Strong Performer in the ECSO Cyberhive Matrix Q1 2025

    Must Read
    Business

    Dexlevo Successfully Concludes GOURI Symposium at AMWC 2025

    Business

    ERide Jo Launches as Jordan’s First eco-friendly Transportation Company

    Categories
    • Business (338)
    • life (134)
    • News (145)
    Our Picks
    Business

    Yango Oman Partners with Zumr to Provide Drivers with A Financial Relief Program

    Business

    Amsa Hospitality aims to enable a sustainable future with innovative ideas for a greener tomorrow

    About us

    Stay connected with UAEInsider, your ultimate source for insightful news, updates, and analysis on all things UAE and beyond. Dive into the heart of the Emirates’ stories, explore diverse perspectives, and stay informed about the latest developments shaping our region and the world.

    UAE Insider
    Facebook Twitter Instagram Pinterest
    • Home
    • Privacy Policy
    • Terms & Conditions
    © 2025 UAE Insider.

    Type above and press Enter to search. Press Esc to cancel.