PC: Arabian Business
The real estate market of Dubai maintains robust performance and stability as statistics from February 2025 reveal AED 41 billion in total sales transactions. The total transactions involving real estate sales during the period reached 14,929 while sales increased by 17 percent between periods representing a monthly growth of 15 percent based on data from Betterhomes.
A new record total of AED 1,505 per square foot for property prices emerged during January 2025 based on the report findings. The price increased by 1.41 percent compared to January. The real estate sector of Dubai shows a rising trend supported by this current price of AED 1,505 per square foot surpassing the historical minimum set at AED 716 per square foot. Off-plan properties have become increasingly popular among buyers thus driving up sales and reaching 59 percent of total transactions. One-bedroom apartment units gained the most popularity within sales transactions when they made up 43 percent of the market. The villa market leader during this period consisted of four-bedroom houses which represented 51 percent of total villa purchases.
Emaar Properties managed to retain its leading position as top developer by achieving AED 4.11 billion in sales during February according to the report. Sobha Group held second spot in terms of sales transactions behind Emaar Properties with AED 1.44 billion followed by Damac Properties with AED 0.82 billion then Omniyat closed in third position selling AED 0.78 billion followed by Dubai Properties at AED 0.65 billion.
The Dubai property market receives its validation from investors and buyers through insights shared by Christopher Cina from Betterhomes as its Director of Sales. He emphasized that the highest recorded average price per square foot demonstrates that investors and buyers strongly believe in Dubai’s lasting value. The report revealed that Dubai residents choose home ownership over renting because rental costs have reached record heights. This transition demonstrates Dubai residents dedicating themselves longer term to residency so it strengthens the attractiveness of the real estate market.
The analysis of property price data showed major growth occurred in both apartment markets and villa real estate markets. During this period, villa sales increased to AED 11.48 million per unit on average with a 60 percent growth,h whereas apartment values expanded to AED 2.26 million on average with 30 percent growth month-over-month. Among high-performing residential locations, Motor City received the top ranking alongside Jumeirah Village Circle and Dubai Marina, whereas Jumeirah Golf Estates The Villa and Meadows emerged as leaders in villa market sales and demand.
Market demand intensified during January 2025 since it led to a 25 percent growth in buyer prospects compared to the previous year. Recorded purchases at 47 percent originated from investors while end-users composed 53 percent of all transactions. The reported data showed mortgage-based financing remaining the preferred purchase method since mortgages appeared in 64 percent of all transactions.
The real estate market in Dubai continues to be a worldwide top investment destination because of its expanding economy alongside investor-friendly policies and constant residential and off-plan sales demand. The most recent analysis confirms that Dubai continues to serve as one of the leading real estate centers in the world attracting individual property investors both from within Dubai and outside its borders to benefit from its future financial potential.
