Dubai Real Estate Sales Surpass $12 Billion in January 2025!

Dubai’s real estate sector began 2025 with strong momentum, achieving AED 44.4 billion ($12.1 billion) in property transactions during January. According to a market update from fäm Properties, this represents a 24.1 percent increase in total value compared to January of last year.

Transaction volumes also climbed, reaching 14,236 deals—23.2 percent more than in January 2024. This performance underscores Dubai’s continued property boom, supported by investor confidence and strong demand from both domestic and international purchasers.

Land Sales See a 151% Increase:

Among all asset classes, land sales recorded the most significant surge, with 811 plots sold at a combined value of AED 8.6 billion ($2.3 billion). That figure marks a 151.9 percent month-on-month jump, indicating heightened investor appetite for prime land developments.

Villa transactions amounted to AED 16.4 billion ($4.5 billion), with 3,117 deals—a year-on-year growth of 89.6 percent. Apartment sales held steady as well, totaling AED 18.2 billion ($5 billion) and encompassing 9,945 units, which constitutes a 7.1 percent increase in volume.

In commercial real estate, there were 363 deals worth AED 1.2 billion ($327 million), representing a 17.9 percent growth in transaction volume compared to January 2024.

Real Estate Market Trends and Price Insights:

Despite the rise in overall sales, the average price per square foot dipped by roughly 4 percent to AED 1,550 ($422). However, that still reflects an 81.2 percent jump from AED 855 ($233) in January 2020.

Firas Al Msaddi, CEO of fäm Properties, commented: “These statistics highlight the strength of Dubai’s real estate sector and its steady expansion. Dubai continues to be a secure hub for real estate investment, drawing ongoing interest from local, regional, and global buyers.”

Real Estate Five-Year Growth of Dubai’s Property Market:

Property values in Dubai have surged 822 percent over the past five years, with key indicators as follows:

• January 2020 – AED 4.8 billion ($1.3 billion) via 2,700 transactions
• January 2021 – AED 6.6 billion ($1.8 billion) via 3,300 transactions
• January 2022 – AED 16.3 billion ($4.4 billion) via 5,700 transactions
• January 2023 – AED 27.8 billion ($7.6 billion) via 9,700 transactions
• January 2024 – AED 35.8 billion ($9.7 billion) via 11,600 transactions

The most expensive villa sold in January was located in Dubai Hills Estate, fetching AED 140 million ($38.1 million). Meanwhile, the highest-priced apartment was at Ava At Palm Jumeirah by Omniyat, selling for AED 57 million ($15.5 million).

New Sales vs. Resales and Price Segments:

Most of the month’s deals involved new sales from developers, constituting 65 percent of total transactions, while resales made up 35 percent. In terms of value, off-plan deals accounted for 60 percent, while the remaining 40 percent were resales.

Sales were distributed among price categories as follows:

• 9% of transactions exceeded AED 5 million ($1.4 million)
• 31% ranged between AED 1 million and AED 2 million ($272,000–$545,000)
• 27% fell below AED 1 million ($272,000)
• 20% ranged from AED 2 million to AED 3 million ($545,000–$817,000)
• 14% were between AED 3 million and AED 5 million ($817,000–$1.4 million)

With Dubai’s property market continuing on an upward path, the strong performance at the start of 2025 points to further expansion, driven by high investor sentiment, new high-profile developments, and widespread demand across diverse property types.