Real estate platform – Property Finder – has revealed their 2024 insights showcasing unprecedented growth and momentum across Dubai and Abu Dhabi.
Dubai achieved record-breaking transaction volumes and values, totaling 180,987 transactions worth AED 522.5bn.
This marks a significant leap of 36.5% in volume and 27.2% in value compared to the previous market peak in 2023.
The surge was driven primarily by off-plan sales, which accounted for 60.5% of total transactions, up from 43.6% last year.
“Dubai’s real estate market is set for a strong performance in 2025, driven by sustained demand and limited supply in key segments. The emirate continues to attract new residents, with an annual influx of 50,000–60,000 people, reinforcing long-term market stability.
“Approximately 41,000 new residential units are expected to be delivered in 2025, but only around 5,000 of these will be villas and townhouses, highlighting a significant supply gap in this high-demand sector. These dynamics, combined with Dubai’s position as a global hub, suggest a highly optimistic outlook for 2025 and beyond.”
Mark Richards, Chief Executive Officer, The Network
Meanwhile, Abu Dhabi’s real estate sector demonstrated a moderate performance, with 14,662 transactions valued at AED 47.92bn. The market grew by 4% in terms of volume.
Residential properties in Abu Dhabi represented 66% of total transaction volume and 53% of total value, recording 9,707 transactions worth AED 25.6bn.
“2024 was a defining year for UAE’s real estate sector thanks to a record breaking volume and value of transactions and it looks set to continue for 2025. It is an exciting time in the industry as momentum continues to grow in Dubai’s off-plan market, as well as in Abu Dhabi’s portfolio of properties.
“In a market hungry for further trust and transparency, the newly launched Smart Rental Index from Dubai Land Department is just one example of how the UAE constantly strives to raise the bar. We are fortunate to operate in a nation that champions economic diversification, attracts foreign investments and welcomes an influx of talent, creating sustained interest in the property market.”
Cherif Sleiman, Chief Revenue Officer, Property Finder
Since its inception in 2007, Property Finder has evolved into a trusted platform for developers, real estate brokers, and property seekers to make informed decisions on all things real estate.
