Dubai’s real estate market has continued its strong start to 2025, with property sales in February totalling AED 51.1bn, a 39.91% increase in value on the same month last year.
A market update issued by fäm Properties reveals that last month’s total of 16,099 transactions also represented a 35.5% increase in volume over February 2024, making it one of the best ever months on record.
Data from DXBinteract shows that villa sales totalling AED 18.8bn climbed dramatically by 99.7% to 3,679 compared with February last year, while plot sales worth AED 9.6bn also soared in volume by 74.7% to 608.
Apartment sales worth AED 21.4bn climbed 21.3% in volume to 11,364, while a total of 447 commercial property transactions amounting to AED 1.2bn represented a 40.1% increase in volume over February 2024. The average price per sq ft was up by 3.4% to AED 1,551.
“The data once again highlights the robust nature of Dubai’s real estate market and the steady growth it has experienced over the past few years.
“This reinforces Dubai’s position as a safe and reliable hub for real estate investment, further boosting investor trust and attracting attention from local, regional, and global markets.”
Firas Al Msaddi, CEO, fäm Properties
The most expensive individual property sold in February was a luxury villa at Hadaeq Sheikh Mohammed Bin Rashid which fetched AED 140m. The most expensive apartment sold during the month went for AED 116m at The Rings – 1 at Jumeirah Second.
Overall, first sales from developers were significantly greater than those of resales – 66% over 34% in terms of volume, and 62% against 38% in overall value.
With properties worth over AED 5m accounting for 9% of total sales, 31% came in the AED 1m to AED 2m range, 25% below AED 1m, 19% between AED 2m and AED 3m and 15% between AED 3m to AED 5m.
