Dubai: The Dubai real estate market made record sales in the first quarter of 2025.
In total, 45,474 real estate transactions worth 142.7 billion AED (more than 38 billion USD) were recorded in the first three months of the year.
According to real estate data, these figures show a 22% increase in the number of transactions and an increase in value of 30% compared to the same period last year.
High demand for ready properties
The market of ready properties, including houses, apartments and buildings, has exceptionally performed well. There were 20,034 transactions worth 87.5 billion AED (around 25 billion USD). This marks a 21% increase in the number of transactions and an increase of 34% of their value in the past two years.
Outdoor properties dominate sales
The outdoor properties represented 56% of all transactions. In total, 25,440 out -of -plan transactions were recorded, worth 55.2 billion AED (approximately 15.7 billion USD). This is an increase of 24% compared to the first quarter of 2024.
Growing housing demand
Experts in the construction sector claim that the increase in sales of ready -to -employment property reflects a change between residents. The increase in rental costs will encourage more people to buy houses instead of renting.
Abu Dhabi sees the growth of luxury properties
The Abu Dhabi real estate market has also shown significant growth. Sales of ready -to -use properties increased by 9%, while their value jumped by 75%, reaching 9.6 billion AED (approximately 2.7 billion USD).