- Land gross sales present largest enhance, as 14,236 total transactions underline
metropolis as prime vacation spot for property funding
Dubai’s actual property market has made a robust begin to 2025, with property gross sales in January totalling AED 44.4 billion, a 24.1% enhance in worth on the identical month final 12 months.
A market replace issued immediately by fäm Properties reveals that final month’s whole of 14,236 transactions additionally represented a 23.2% enhance in quantity over January 2024.
Land gross sales for January confirmed the largest enhance, with 811 plots – a 151.9% month-on-month leap in quantity – promoting for AED8.6 billion.
Villa gross sales totalling AED16.4 billion additionally climbed sharply in quantity by 89.6% to three,117 in contrast with January final 12 months, and condominium gross sales price AED18.2 billion had been up 7.1% in quantity to 9,945.
A complete of 363 industrial property transactions amounting to AED1.2 billion represented a 17.9% enhance in quantity over January 2024. While the typical worth per sq. ft was down barely by 4% to AED 1,550, it nonetheless represents an 81.2% enhance during the last 5 years, from AED855 in January 2020.
“The figures once more emphasize the strength of Dubai’s real estate market and the consistent growth seen in recent years,” mentioned Firas Al Msaddi, CEO of fäm Properties.
“This underlines Dubai’s status as a secure destination for real estate investment which continues to build investor confidence and draw interest from the local, regional and international markets.”
Dubai property gross sales for the month of January have now risen by 822% in worth during the last 5 years – from AED4.8 billion (2,700 transactions) in 2020, AED6.6 billion (3,300) in 2021, AED16.3 billion (5,700) in 2022, AED27.8 billion (9,700) in 2023 and AED35.8 billion (11,600) final 12 months.
The most costly particular person property offered in January was a luxurious villa at Dubai Hills Estate which fetched AED140 million. The most costly condominium offered throughout the month went for AED57 million at Ava At Palm Jumeirah By Omniyat.
Overall, first gross sales from builders had been considerably higher than these of resales – 65% over 35% when it comes to quantity, and 60% towards 40% in total worth.
With properties price greater than AED5 million accounting for 9% of whole gross sales, 31% got here within the AED1-2 million vary, 27% under AED1 million, 20% between AED2-3 million and 14% between AED3-5 million.