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Dubai's property market begins 2025 with strong sales worth AED 35 billion

#International News#United Arab Emirates
Last Updated : 12th Feb, 2025
Synopsis

Dubai's real estate sector maintained its upward trajectory in the opening month of 2025, recording 13,019 sales transactions amounting to AED 35 billion. This represents a 5% month-over-month (MoM) increase from December 2024, demonstrating the market's resilience and investor confidence. Off-plan properties dominated sales, contributing 56% of the total transactions, with developers such as Emaar, Sobha, and Danube leading in sales value. The average price per square foot stood at AED 1,484, reflecting a minor 0.57% correction from the previous month. Buyer demand surged, evidenced by a 56% MoM increase in leads, with mortgage-financed purchases playing a pivotal role. Popular apartment communities included Jumeirah Lakes Towers, Business Bay, and Dubai Marina, while Dubailand, Arabian Ranches, and Damac Hills 2 led villa sales. The strong momentum suggests a promising year ahead for Dubai's property sector.

Dubai's real estate market commenced 2025 on a high note, registering 13,019 sales transactions worth AED 35 billion in January. This signified a 5% MoM growth from December 2024, reinforcing the sector's stability and sustained investor confidence.


Off-plan properties remained at the forefront, comprising 56% of total transactions, underlining the strong appeal of newly launched projects. Industry leaders in this segment, ranked by total sales value, included Emaar, Sobha, and Danube. By the end of the month, the average price per square foot stood at AED 1,484, reflecting a slight 0.57% month-over-month (MoM) decline-a market adjustment following the highs of December 2024.

Internal data from Betterhomes indicated that the average selling price for apartments was AED 1.75 million, while townhouses averaged AED 2.67 million, and villas commanded an average price of AED 7.18 million. Buyer demand remained strong, with a 56% MoM surge in leads signalling heightened market interest. The majority of sales transactions at Betterhomes were facilitated through mortgage financing, with investors significantly contributing to market activity.

The most sought-after apartment locations included Jumeirah Lakes Towers, Business Bay, and Dubai Marina, while Dubailand, Arabian Ranches, and Damac Hills 2 emerged as the top-performing villa communities.

Dubai's property sector continues its growth trajectory, buoyed by consistent buyer interest, attractive financing options, and a robust off-plan market. With both investors and end-users actively participating, the real estate market is set to remain dynamic throughout 2025.

With transaction values increasing and a steady influx of new projects, the emirate continues to attract investors and end-users alike. As the year progresses, the market is expected to sustain its momentum, offering continued opportunities for both investors and homeowners.

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