Dubai Property Market Soars in Q1 2025: Land Deals Lead the Surge
Dubai property market continues its remarkable momentum into 2025, with the first quarter recording a total of Dh142.7 billion in sales—the second-highest quarterly performance on record. This marks a 30.3% year-on-year increase in value and a 22.8% rise in transaction volume, with 45,485 property deals closed in Q1.
Land Sales Witness a 193.8% Boom
A standout trend this quarter was the explosive growth in land transactions, with plot sales jumping 193.8% year-on-year to reach Dh35.5 billion from 2,926 deals. Industry experts highlight that available land for development in Dubai is becoming scarce, pushing prices significantly higher. The fierce competition among developers to secure plots is driven largely by strong demand in the off-plan property market.
Apartment, Villa & Commercial Property Sales on the Rise
According to data from DXBinteract:
- Villa sales surged by 43.1% to Dh41.3 billion from 8,369 deals.
- Apartment sales climbed 12.6% to Dh62.3 billion from 32,884 transactions.
- Commercial property sales rose by 25.2%, reaching Dh3.6 billion from 1,212 deals.
This indicates robust demand across all segments of Dubai’s property landscape.
Property Prices Continue Upward Climb
The median price per sq. ft. in Q1 2025 hit Dh1,563, showing a steady increase over the past five years:
- 2021: Dh889
- 2022: Dh1,124
- 2023: Dh1,283
- 2024: Dh1,497
- 2025: Dh1,563
This sustained growth reflects rising investor confidence and the increasing value of real estate in Dubai.
Q1 Sales Over the Years
The trajectory of Q1 property sales in Dubai over the past five years shows the market’s resilience and expansion:
Year | Q1 Sales (Dh Billion) | Transactions |
2020 | 21.0 | 9,800 |
2021 | 24.6 | 11,600 |
2022 | 54.6 | 20,200 |
2023 | 89.0 | 31,100 |
2024 | 109.5 | 37,000 |
2025 | 142.7 | 45,485 |
Q1 Sales Over the Years
The median price per sq. ft. in Q1 2025 hit Dh1,563, showing a steady increase over the past five years:
- 2021: Dh889
- 2022: Dh1,124
- 2023: Dh1,283
- 2024: Dh1,497
- 2025: Dh1,563
This sustained growth reflects rising investor confidence and the increasing value of real estate in Dubai.
Top 5 Areas for Real Estate Sales in Q1 2025
Here are the most active areas in Dubai in terms of transaction volume:
- Jumeirah Village Circle (JVC) – 3,605 transactions | Dh4.56 billion
- Wadi Al Safa – 3,596 transactions | Dh7.64 billion
- Business Bay – 2,782 transactions | Dh7.27 billion
- Dubai South – 2,676 transactions | Dh8.75 billion
- Dubai Marina – 2,583 transactions | Dh9.28 billion
These areas continue to attract both local and international investors due to their strategic locations and growing infrastructure.
Luxury Property Market Highlights
- Most expensive villa sold: Dh140 million (Dubai Hills Estate)
- Most expensive apartment sold: Dh116 million (The Rings 1, Jumeirah Second)
These high-end sales reflect the continued demand for luxury real estate in Dubai.
Off-Plan Sales Continue to Dominate
First-time sales from developers made up 65% of total transactions, far outpacing the 35% share of secondary market resales. In terms of value, off-plan properties contributed 61%, indicating the growing investor preference for new developments and future-ready communities.
Dubai Real Estate Outlook for 2025
The Dubai property market in Q1 2025 has shown once again that it is resilient, growing, and investor-friendly. With soaring land sales, increasing demand for off-plan properties, and record-high transaction values, Dubai continues to establish itself as one of the top real estate investment destinations in the world