Real Estate

Land Deals Lead Growth Surge as All Sectors Show Strong Year-on-Year Gains

Dubai’s real estate sector has kicked off 2025 with remarkable momentum, logging AED 142.7 billion in property sales during the first quarter – the second-highest quarterly figure ever recorded, according to a market update released by fäm Properties.

The Q1 sales marked a 30.3% year-on-year surge in value, with 45,485 transactions representing a 22.8% increase in volume compared to the same period in 2024. The numbers came just shy of the record-breaking Q4 2024 total of AED 147.2 billion from 50,218 transactions.

Land Sales Drive Q1 Growth

All segments of the market posted robust growth, but land plot sales led the charge, surging 193.8% year-on-year to AED 35.5 billion from 2,926 deals.

• Villas followed with a 43.1% jump, reaching AED 41.3 billion from 8,369 transactions.

• Apartment sales climbed 12.6% to AED 62.3 billion from 32,884 deals.

• Commercial sales rose 25.2%, totaling AED 3.6 billion across 1,212 deals.

Property Prices on the Rise

Dubai's upward price trend remains evident. The median Q1 price reached AED 1,563 per sq ft, compared to:

• AED 889 in 2021

• AED 1,124 in 2022

• AED 1,283 in 2023

• AED 1,497 in 2024

“Once again, we’re seeing figures that emphatically underscore the remarkable resilience and strength of Dubai’s real estate market,” said Firas Al Msaddi, CEO of fäm Properties. “This sustained upward trend cements Dubai’s position as a prime real estate investment hub.”

Five-Year Growth Trajectory

Dubai’s Q1 property sales have soared in recent years:

• 2020: AED 21B (9,800 transactions)

• 2021: AED 24.6B (11,600)

• 2022: AED 54.6B (20,200)

• 2023: AED 89B (31,100)

• 2024: AED 109.5B (37,000)

• 2025: AED 142.7B (45,485)

Top Performing Areas in Q1 2025

1. Jumeirah Village Circle – 3,605 transactions worth AED 4.56B

2. Wadi Al Safa – 3,596 transactions worth AED 7.64B

3. Business Bay – 2,782 transactions worth AED 7.27B

4. Dubai South – 2,676 transactions worth AED 8.75B

5. Dubai Marina – 2,583 transactions worth AED 9.28B

High-End Deals Dominate Luxury Segment

• Most expensive villa: AED 140 million at Dubai Hills Estate

• Most expensive apartment: AED 116 million at The Rings 1, Jumeirah Second

Sales Breakdown by Price Range

• AED 1–2M: 31% of transactions (14,242 deals)

• Below AED 1M: 26% (11,899 deals)

• AED 2–3M: 19% (8,567 deals)

• AED 3–5M: 15% (6,837 deals)

• Over AED 5M: 9% (3,939 deals)

Developers Dominate Sales Activity

• Primary (first) sales: 65% of total volume and 61% of total value

• Secondary (re-sales): 35% of volume and 39% of value

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