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Dubai real estate sector sees $38 billion of sales in Q1

Dubai’s red-hot real estate market has continued its meteoric rise into 2025, recording AED142.7 billion ($38.85 billion) in property sales in Q1 2025, marking a 30.3% year-on-year surge and the second-highest quarterly performance on record.

The latest data from fäm Properties shows that the Q1 figures came close to the all-time record of AED147.2 billion posted in Q4 2024, with 45,485 transactions logged—22.8% more than the same period last year.

Plot sales skyrocket by nearly 200%: The biggest highlight of the quarter was the 193.8% spike in plot sales, which hit AED35.5 billion from 2,926 transactions.

Villa sales jumped 43.1% to AED41.3 billion from 8,369 deals.

Apartment sales rose 12.6% to AED62.3 billion across 32,884 transactions.

Commercial properties climbed 25.2% to AED3.6 billion.

The median property price in Dubai rose to AED1,563 per sq. ft., continuing an upward trend seen over the last five years. This compares to:

AED889 in Q1 2021

AED1,124 in 2022

AED1,283 in 2023

AED1,497 in 2024

Dubai’s Q1 property sales have soared from AED21 billion in 2020 to this year’s AED142.7 billion, with transaction volumes jumping from 9,800 in 2020 to 45,485 in 2025.

Top-performing areas & mega deals

Leading the charge in Q1 were:

Jumeirah Village Circle: 3,605 transactions | AED4.56 billion

Wadi Al Safa: 3,596 transactions | AED7.64 billion

Business Bay: 2,782 transactions | AED7.26 billion

Dubai South: 2,676 transactions | AED8.75 billion

Dubai Marina: 2,583 transactions | AED9.28 billion

Dubai Hills Estate claimed the quarter’s most expensive sale with a villa sold for AED140 million, while the costliest apartment went for AED116 million at The Rings 1, Jumeirah Second.

Who’s buying what?

Properties priced AED1–2 million: 31% of total sales (14,242 deals)

Below AED1 million: 26%

AED2–3 million: 19%

AED3–5 million: 15%

Over AED5 million: 9% (3,939 transactions)

With momentum showing no signs of slowing down, Dubai’s real estate sector is poised for another strong year.

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