Dubai property market witnessed an extraordinary surge in February 2025, recording AED 51.1 billion in total sales. This marks a substantial 39.91% increase compared to the same month in 2024. The latest market report reveals a total of 16,099 transactions, reflecting a 35.5% rise in sales volume year-over-year. These figures underscore the sector’s resilience and continued investor confidence, making February one of the most robust months in Dubai’s real estate history.
Significant Surge in Residential and Commercial Sales
Breaking down the figures, villa sales reached AED 18.8 billion from 3,679 transactions, marking an impressive 99.7% increase from February 2024. Plot sales amounted to AED 9.6 billion across 608 transactions, reflecting a 74.7% growth in volume.
Apartment sales accounted for AED 21.4 billion through 11,364 transactions, a 21.3% rise in volume. Meanwhile, commercial property transactions totaled AED 1.2 billion from 447 sales, growing by 40.1%. The average price per square foot also saw an increase of 3.4%, reaching AED 1,551.
Dubai Real Estate Market Maintains Strong Momentum
Dubai real estate sector continues to demonstrate robust growth, solidifying its status as a secure and lucrative investment destination. Industry experts attribute this expansion to sustained investor confidence and growing demand from both local and international buyers. The February 2025 figures reflect a remarkable 449% increase in value compared to five years ago, showcasing the market’s long-term upward trajectory.
Over the years, Dubai’s property market has experienced significant shifts. Sales surged from AED 9.3 billion (4,100 transactions) in 2020 to AED 7.3 billion (3,700 transactions) in 2021, followed by steady increases to AED 15.4 billion (6,200) in 2022, AED 27.1 billion (9,400) in 2023, and AED 36.5 billion (11,900) in 2024.
High-Value Transactions and Market Trends
The highest-value transaction in February was a luxury villa in Hadaeq Sheikh Mohammed Bin Rashid, sold for AED 140 million. The most expensive apartment sale was recorded at The Rings – 1 in Jumeirah Second, fetching AED 116 million.
Primary sales from developers dominated the market, contributing to 66% of the total transaction volume and 62% of total sales value. Resale transactions accounted for the remaining 34% in volume and 38% in value.
In terms of price segments, properties priced between AED 1-2 million comprised 31% of total sales, while 25% of transactions were below AED 1 million. Properties within the AED 2-3 million range accounted for 19%, AED 3-5 million for 15%, and luxury properties above AED 5 million made up 9% of total sales.
Top-Performing Areas in Property Sales
Wadi Al Safa 5 led the market with 1,297 units sold, followed by Jumeirah Village Circle (1,246), Dubai Marina (915), Business Bay (878), and Dubai South (819).
Dubai real estate market continues to thrive, with strong demand and substantial investment inflows driving growth across all property segments. The consistent upward trend reinforces Dubai’s reputation as a global property investment hotspot.
Published on: https://www.arabianbusiness.com/industries/real-estate/dubai-real-estate-market-sees-record-february-with-13-9bn-in-sales-up-40
Source: 4 Mar 2025
