The Dubai real estate sector has made a surging start to 2025 as January property sales increase 822 per cent in five years
Dubai’s Real Estate Market Soars in Early 2025 with AED44.4 Billion in Property Sales
Dubai’s real estate sector has kicked off 2025 on a high note, recording property sales worth AED44.4 billion ($12.1 billion) in January, marking a 24.1% increase in value compared to the same period last year.
According to a market report released today by fäm Properties, a total of 14,236 transactions took place last month, reflecting a 23.2% rise in volume compared to January 2024.
Land Sales Experience a Significant Surge
January saw 811 land plots sold, representing a 151.9% month-on-month increase in volume, amounting to a total value of AED8.6 billion ($2.3 billion).
Growth in Villas and Apartments Transactions
Villa sales reached AED16.4 billion ($4.5 billion), with 3,117 transactions, an 89.6% increase from January of the previous year. Meanwhile, apartment sales totaled AED18.2 billion ($5 billion), reflecting a 7.1% increase in volume, with 9,945 units sold.
Commercial property sales were also on the rise, with 363 transactions generating AED1.2 billion ($327 million)—a 17.9% increase in volume compared to January 2024.
Price Trends in Dubai’s Property Market
While the average price per square foot dipped slightly by 4% to AED1,550 ($422), the overall growth over the past five years remains substantial, showing an 81.2% increase from AED855 ($233) in January 2020.
Dubai’s Property Market Continues to Strengthen
Firas Al Msaddi, CEO of fäm Properties, emphasized that these figures highlight Dubai’s thriving real estate market and its continued upward trend.
“Dubai remains a secure and attractive destination for real estate investment, strengthening investor confidence and drawing interest from local, regional, and international buyers,” he stated.
Five-Year Growth in Dubai’s Property Sales
Over the past five years, property transactions in January have surged by 822% in value, showcasing the city’s remarkable real estate expansion:
- 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 in Dubai’s Luxury Segment
The most expensive property sold in January was a luxury villa in Dubai Hills Estate, which fetched AED140 million ($38.1 million). The highest-priced apartment sale for the month was at Ava at Palm Jumeirah by Omniyat, selling for AED57 million ($15.5 million).
Developer Sales Outpace Resales
First-time sales from property developers accounted for 65% of total transactions, significantly surpassing resale transactions, which made up 35%. In terms of value, new property sales represented 60%, while resales comprised 40%.
Breakdown of Property Price Segments
- Properties valued above AED5 million ($1.4 million) accounted for 9% of total sales.
- The AED1-2 million ($272,000-$545,000) price range represented 31% of transactions.
- 27% of properties were priced below AED1 million ($272,000).
- Homes within the AED2-3 million ($545,000-$817,000) range made up 20% of sales.
- Properties priced between AED3-5 million ($817,000-$1.4 million) accounted for 14% of total transactions.
Dubai’s real estate sector continues to demonstrate strong momentum, reinforcing its reputation as one of the world’s most dynamic property markets.
