This is 5% higher in terms of transaction value than that in December 2024, further cementing the resilience of the market and confidence among investors.
Off Plan Market Dominates
According to Betterhomes’, off-plan properties continued ruling the roost with their 56% contribution to overall sales in 2022. This trend indicates a much stronger appetite for newly launched projects, a trend that is likely to be witnessed throughout the year. The leading developers off-plan based on overall sales value are Emaar , Sobha , and Danube.
Dubai Real Estate Price in January 2025
At the end of January, the average price per square foot was recorded as AED 1,484 ($404), which represented a slight drop of 0.57% compared to the previous month’s reading, possibly showing the beginning of a minor correction after the record highs seen in the month of December.
According to Better homes’ data, the average selling prices for each type of property were:
- Apartments: AED 1.75 million ($477,000)
- Townhouses: AED 2.67 million ($727,000)
- Villas: AED 7.18 million ($2 million)
Surge in Buyer Interest
Besides, there was a movement in buyer leads up by 56% MoM in January. This clearly indicates an impressive demand. We’ve also seen how mortgage financing is contributing greatly into the emergent sales activity, with investors still playing a major role in the market.
Most In-Demand Areas
The top-performing apartment communities in January 2025 were:
For villas, the highest sales activity was recorded in:
Market Outlook for 2025
Dubai real estate activity remains on an upward trend because of enduring buyer interest, attractive financing options, and an off-plan segment that continues to flourish. 2024, however, appears to be another exciting year for Dubai’s property market with its strong engagement by investors and the end-user.
