Dubai’s property market recorded AED51.1 billion in sales during February 2025, marking a 39.91 per cent increase compared to the same period last year, according to data released by fäm Properties.
The market update showed 16,099 transactions last month, representing a 35.5 per cent rise in volume over February 2024, making it one of the strongest months on record for Dubai real estate.
Villa sales reached AED18.8 billion with 3,679 transactions, a 99.7 per cent increase from February 2024. Plot sales totalled AED9.6 billion across 608 transactions, rising 74.7 per cent in volume year-on-year.
Apartment sales generated AED21.4 billion through 11,364 transactions, up 21.3 per cent in volume, while commercial property sales amounted to AED1.2 billion from 447 transactions, a 40.1 per cent volume increase. The average price per square foot increased 3.4 per cent to AED1,551.
Dubai real estate thrives
“The data once again highlights the robust nature of Dubai’s real estate market and the steady growth it has experienced over the past few years. This reinforces Dubai’s position as a safe and reliable hub for real estate investment, further boosting investor trust and attracting attention from local, regional, and global markets,” Firas Al Msaddi, CEO of fäm Properties said.
The February 2025 figures represent a 449 per cent increase in value compared to five years ago.
Sales have risen from AED9.3 billion (4,100 transactions) in 2020, falling to AED7.3 billion (3,700) in 2021, before climbing to AED15.4 billion (6,200) in 2022, AED27.1 billion (9,400) in 2023, and AED36.5 billion (11,900) in 2024.
February’s highest-value transaction was a luxury villa at Hadaeq Sheikh Mohammed Bin Rashid, selling for AED140 million, while the most expensive apartment sold for AED116 million at The Rings – 1 in Jumeirah Second.
First sales from developers dominated the market, accounting for 66 per cent of total volume and 62 per cent of overall value, compared to 34 per cent and 38 per cent respectively for resales.
Properties priced between AED1-2 million represented 31 per cent of total sales, with 25 per cent below AED1 million, 19 per cent between AED 2-3 million, 15 per cent between AED3-5 million, and 9 per cent above AED5 million.
Wadi Al Safa 5 led the market with 1,297 units sold, followed by Jumeirah Village Circle (1,246), Dubai Marina (915), Business Bay (878), and Dubai South (819).
Top off-plan and ready sales
In the off-plan apartment segment, Franck Muller Vanguard topped sales with 250 units worth AED436.9 million, followed by Golf Dale (162 units, AED297.4 million), Saria (139 units, AED395.2 million), Golf Acres (134 units, AED243.9 million), and Skyscape (131 units, AED321.2 million).
For off-plan villas, La Tilia At Villanova Phase 2 led with 205 units valued at AED678.7 million, followed by La Tilia At Villanova Phase 1 (195 units, AED647.2 million), Reportage Village 1 (175 units, AED226 million), The Valley – Kaia (106 units, AED318.1 million), and Nad Al Sheba Gardens Phase 7 (90 units, AED455.1 million).
Among ready apartments, Lakeside led sales with 51 units (AED19.7 million), followed by P23 (45 units, AED14.9 million), Falcon Tower (40 units, AED111.4 million), KhK 24 (35 units, AED17.8 million), and Sky Courts (33 units, AED20.7 million).
For ready villas, Nad Al Sheba Gardens Phase 7 topped sales with 63 units (AED889.5 million), followed by Reem – Mira Oasis Community (16 units, AED46.1 million), Reem – Mira Oasis Community 3 (11 units, AED35.7 million), Greenview 2 (10 units, AED27.6 million), and Reem – Mira Oasis Community 2 (9 units, AED26 million).