Real Estate

Land Sales Lead Growth as Transaction Volume Surges 23.2%

Dubai's real estate sector has started the year on a high note, recording AED 44.4 billion in property sales for January 2025, marking a 24.1% increase in value compared to the same period last year.

A report by fäm Properties revealed that a total of 14,236 transactions took place last month, reflecting a 23.2% growth in volume from January 2024. Land sales saw the most significant rise, with 811 plots sold for AED 8.6 billion—a staggering 151.9% month-on-month increase.

Villa sales also saw a sharp rise, with 3,117 units sold for AED 16.4 billion, an 89.6% increase in volume. Meanwhile, apartment sales reached AED 18.2 billion, with 9,945 transactions, up 7.1% from last year.

Commercial property transactions totaled 363, amounting to AED 1.2 billion, a 17.9% increase in volume. The average price per square foot decreased slightly by 4% to AED 1,550 but remains 81.2% higher than five years ago, when it stood at AED 855 in January 2020.

Market Confidence and Investor Interest

Commenting on the latest figures, Firas Al Msaddi, CEO of fäm Properties, stated: “These numbers reaffirm the strength of Dubai’s real estate market and its consistent growth in recent years. Dubai remains a secure and attractive destination for real estate investment, drawing significant interest from local, regional, and international investors.”

Over the past five years, Dubai's January property sales have surged by 822% in value, growing from AED 4.8 billion in 2020 to AED 44.4 billion in 2025.

The most expensive property sold last month was a luxury villa in Dubai Hills Estate, fetching AED 140 million, while the highest-priced apartment sale was recorded at Ava At Palm Jumeirah by Omniyat for AED 57 million.

Off-Plan and Ready Property Performance

Off-plan sales dominated the market, accounting for 65% of total transactions by volume and 60% by value, while resale transactions made up 35% and 40%, respectively.

In terms of property price distribution, 31% of total sales fell in the AED 1-2 million range, while 27% were below AED 1 million. Properties priced between AED 2-3 million accounted for 20% of sales, while 14% were in the AED 3-5 million range. High-value properties above AED 5 million comprised 9% of total sales.

Top-Performing Areas and Projects

Among the top-performing areas by transaction volume in January 2025:

• Wadi Al Safa 5 – 1,400 units
• Jumeirah Village Circle – 982 units
• Dubai South – 942 units
• Al Yelayiss 1 – 868 units
• Business Bay – 761 units

Best-Selling Off-Plan Projects (Apartments)

• Terra Heights – 493 units (AED 891.1m)
• Verdes By Haven 1 – 155 units (AED 296.4m)
• Lacina – 150 units (AED 313.3m)
• Claydon House By Ellington – 113 units (AED 238.7m)
• Diamondz By Danube – 103 units (AED 265.3m)

Best-Selling Off-Plan Villas

• La Tilia At Villanova Phase 2 – 106 units (AED 346.7m)
• La Tilia At Villanova Phase 1 – 103 units (AED 327.7m)
• Reportage Village – 70 units (AED 101.9m)
• The Valley - Velora – 56 units (AED 182.4m)
• Greenville 2 – 55 units (AED 209.5m)

Best-Selling Ready Apartments

• Remraam – 43 units (AED 34.2m)
• Rukan – 37 units (AED 27.2m)
• Maya 2 – 36 units (AED 25m)
• Lakeside – 35 units (AED 14.5m)
• Sky Courts – 30 units (AED 18.4m)

Best-Selling Ready Villas

• Reem - Mira Oasis Phase 2 – 10 units (AED 29.4m)
• The Fields At D11 MBRC – 9 units (AED 35.7m)
• Reem - Mira Oasis Community – 8 units (AED 22.6m)
• Shams Townhouses – 8 units (AED 21.1m)
• Seasons Community – Autumn – 8 units (AED 20m)

With a record-breaking start to 2025, Dubai’s real estate sector continues to demonstrate strong resilience and investor confidence, solidifying its position as a prime global property market.

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