UAE

Dubai’s property market sees record AED51.1 billion in sales in February 2025

Dubai’s real estate market sees exceptional growth, with villa sales surging by 99.7% and apartment transactions reaching AED21.4 billion

Dubai’s property market sees record AED51.1 billion in sales in February 2025

Dubai’s real estate market recorded AED51.1 billion in sales during February 2025.

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Dubai’s real estate market recorded AED51.1 billion in sales during February 2025, reflecting a 39.91% increase compared to the same period last year, according to fäm Properties. The total number of transactions reached 16,099, marking a 35.5% rise in volume over February 2024 and making it one of the strongest months on record for Dubai’s property sector.

Villa sales surge

Villa sales saw exceptional growth, reaching AED18.8 billion across 3,679 transactions, almost doubling year-on-year with a 99.7% increase. Apartment sales generated AED21.4 billion from 11,364 transactions, reflecting a 21.3% rise in volume. Plot sales also saw a surge, totaling AED9.6 billion from 608 transactions, a 74.7% increase compared to last year. Meanwhile, commercial property transactions grew 40.1% in volume, with AED1.2 billion in sales. The average price per square foot rose to AED1,551, up 3.4% from February 2024.

Dubai’s strong investor confidence

Firas Al Msaddi, CEO of fäm Properties, highlighted that the latest data reinforces Dubai’s position as a stable and attractive hub for real estate investment, continuing to draw interest from local, regional, and international investors. The February 2025 figures represent a 449% increase in value compared to five years ago, reflecting sustained growth and investor confidence.

Sales activity has risen sharply over the past few years, with figures climbing from AED9.3 billion in February 2020 to AED7.3 billion in 2021, before rebounding to AED15.4 billion in 2022, AED27.1 billion in 2023, and AED36.5 billion in 2024.

High-value transactions and popular areas

February’s highest-value transaction was recorded in Hadaeq Sheikh Mohammed Bin Rashid, where a luxury villa sold for AED140 million. The most expensive apartment sale was AED116 million at The Rings – 1 in Jumeirah Second.

First sales from developers continued to dominate the market, accounting for 66% of the total transaction volume and 62% of overall sales value, while resales made up 34% of transactions and 38% of sales value.

Properties priced between AED1-2 million represented the largest share of transactions, accounting for 31% of total sales. Homes priced below AED1 million made up 25% of transactions, while 19% fell in the AED2-3 million range. Sales of properties priced between AED3-5 million constituted 15% of total transactions, while high-end properties exceeding AED5 million represented 9% of the market.

Wadi Al Safa 5 emerged as the most active area in terms of units sold, followed closely by Jumeirah Village Circle, Dubai Marina, Business Bay, and Dubai South.

The off-plan segment remained a key driver of growth, with Franck Muller Vanguard leading sales in the apartment category, followed by Golf Dale, Saria, Golf Acres, and Skyscape. In the off-plan villa segment, La Tilia at Villanova Phase 2 and Phase 1 saw the highest number of transactions, along with Reportage Village 1, The Valley – Kaia, and Nad Al Sheba Gardens Phase 7.

In the ready property market, Lakeside recorded the highest number of apartment sales, followed by P23, Falcon Tower, KhK 24, and Sky Courts. For ready villas, Nad Al Sheba Gardens Phase 7 led sales, with strong activity also seen in Reem – Mira Oasis Community, Greenview 2, and other established villa communities.

Dubai’s real estate market continues to experience strong momentum, with rising transaction volumes and values reinforcing its reputation as one of the world’s most resilient and attractive property investment destinations.

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