Dubai Real Estate Market Q1 2025 Overview: AED 114.15B in Sales with JVC Leading 3,453 Transactions

Real Estate

Dubai Real Estate Market Q1 2025 Overview: AED 114.15B in Sales with JVC Leading 3,453 Transactions

Primo Capital
March 29 2025

Dubai’s property market continues to be one of the most dynamic in the world, with the Dubai Real Estate Market Q1 2025 reporting AED 114.15B in sales across 42,273 transactions. The first quarter of 2025 witnessed impressive growth, underscoring investor confidence and a consistent rise in demand across various property types. Leading the way, Jumeirah Village Circle (JVC) topped the charts with 3,453 transactions, reflecting its strong appeal and solid performance in the market.

Overall Transaction Record in Dubai Real Estate for Q1 2025

Dubai’s property market saw 42,273 transactions in Q1 2025, totaling AED 114.15 billion in sales value. The average sales price and built-up area varied across different property types.

Property Type	Total Volume	Total Sales Price (AED)	Total Built-up Area (sq ft)	Average Sales Price (AED)	Average Built-up Area (sq ft)	Average Plot Size (sq ft)	Average Price (AED/sq ft)
Overall	41,156	111,366,938,423	50,528,555	2,705,971	1,345	3,333	1,766
Apartment	31,270	59,348,284,956	30,045,466	1,897,930	961	-	1,842
Townhouse	6,669	19,949,174,214	11,050,942	2,991,329	2,492	2,125	1,208
Villa	3,217	32,069,479,253	9,432,147	9,968,753	5,066	5,824	1,820

Dubai continues to attract investors, with apartments making up the bulk of transactions, followed by townhouses and villas.

Areas With Highest Sales Transactions in Q1 2025

Jumeirah Village Circle

Source: propertymonitor.ae

Jumeirah Village Circle (JVC) recorded a significant number of transactions in Q1 2025, with apartments dominating the market. Townhouses and villas also contributed to the overall sales volume.

Property Type	Total Volume	Total Sales Price (AED)	Total Built-up Area (sq ft)	Average Sales Price (AED)	Average Built-up Area (sq ft)	Average Plot Size (sq ft)	Average Price (AED/sq ft)
Overall	3,379	3,754,070,842	2,894,412	1,111,001	862	2,322	1,375
Apartment	3,260	3,398,099,283	2,568,220	1,042,362	788	-	1,387
Townhouse	91	257,586,559	283,068	2,830,622	3,370	1,967	916
Villa	28	98,385,000	43,124	3,513,750	3,080	3,450	1,239

Jumeirah Village Circle (JVC) remains a popular choice among buyers due to its affordability and growing community infrastructure.

Business Bay

Source: propertymonitor.ae

Business Bay continued to be a high-demand location, primarily driven by apartment sales, with a minor contribution from villa transactions.

Property Type	Total Volume	Total Sales Price (AED)	Total Built-up Area (sq ft)	Average Sales Price (AED)	Average Built-up Area (sq ft)	Average Plot Size (sq ft)	Average Price (AED/sq ft)
Overall	2,201	5,001,055,752	2,131,905	2,272,174	969	3,498	2,356
Apartment	2,200	4,997,105,752	2,131,905	2,271,412	969	-	2,356
Villa	1	3,950,000	-	3,950,000	-	3,498	-

The area remains an investor favorite due to its commercial and residential mix, offering high rental yields.

Dubai Residence Complex

Source: propertymonitor.ae

Dubai Residence Complex saw steady apartment sales, with limited villa transactions contributing to overall figures.

Property Type	Total Volume	Total Sales Price (AED)	Total Built-up Area (sq ft)	Average Sales Price (AED)	Average Built-up Area (sq ft)	Average Plot Size (sq ft)	Average Price (AED/sq ft)
Overall	1,905	1,542,983,122	1,346,748	809,965	707	-	1,238
Apartment	1,903	1,541,759,603	1,340,524	810,173	704	-	1,239
Villa	2	1,223,519	6,224	611,760	3,112	-	197

This area continues to attract budget-conscious buyers looking for new residential opportunities.

Dubai Marina

Source: propertymonitor.ae

Dubai Marina remained a prime waterfront location, with all sales transactions coming from apartments.

Property Type	Total Volume	Total Sales Price (AED)	Total Built-up Area (sq ft)	Average Sales Price (AED)	Average Built-up Area (sq ft)	Average Plot Size (sq ft)	Average Price (AED/sq ft)
Overall	1,611	3,717,789,981	1,670,696	2,307,753	1,037	-	2,413
Apartment	1,611	3,717,789,981	1,670,696	2,307,753	1,037	-	2,413

With its high-end amenities and waterfront views, Dubai Marina remains a top pick for luxury apartment buyers.

The Valley

Source: propertymonitor.ae

The Valley by Emaar experienced strong villa and townhouse sales, making it one of the top-performing areas in Q1 2025.

Property Type	Total Volume	Total Sales Price (AED)	Total Built-up Area (sq ft)	Average Sales Price (AED)	Average Built-up Area (sq ft)	Average Plot Size (sq ft)	Average Price (AED/sq ft)
Overall	1,463	6,439,802,685	3,239,373	4,401,779	3,749	3,556	1,273
Villa	779	4,098,054,205	1,990,208	5,260,660	4,482	4,331	1,307
Townhouse	684	2,341,748,480	1,249,165	3,423,609	2,974	2,673	1,236

With its modern community developments, The Valley remains a top destination for family-friendly living.

Top Real Estate Trends of Dubai in Q1 2025

Constant Growth in Price

Property prices in the Dubai real estate market continue to climb, with a 9.25% increase in 2024 and steady growth in Dubai Real Estate Market Q1 2025. The average price per square foot reached AED 1,545, marking a 7% rise from last year. Luxury properties in locations like Palm Jumeirah and Downtown Dubai continue to see the highest appreciation, while affordable housing options also experience strong demand.

Impressive Sales Volume

Dubai’s real estate sector recorded a 20% rise in transactions compared to Q1 2024, reflecting strong investor confidence. In 2023, a total of 133,134 transactions were recorded, marking a 38% increase from 2022. Investors remain optimistic due to Dubai’s tax-free environment and high rental yields, attracting both local and international buyers.

Surge in Demand for Villas and Townhouses

Family-friendly properties continue to gain traction, with villa resale values rising 22.6% to AED 24.60 billion and townhouses seeing a 37.4% increase to AED 11.74 billion in the first half of 2024. Communities like Arabian Ranches, Dubai Hills Estate, and JVC are among the most sought-after locations for spacious homes.

Demand Growth for Affordable Housing

Dubai is witnessing a surge in demand for affordable properties due to global housing affordability challenges. Areas like Dubai South and Dubailand are emerging as key destinations for budget-friendly homes. Affordable housing is attracting first-time buyers and investors looking for high rental yields and long-term capital growth.

Rise in Off-Plan Properties

The off-plan segment remains a top choice for investors, with prices increasing 53% year-on-year. Apartment prices in off-plan projects have grown 48%, while villa and townhouse prices have seen a 12% increase. Developments in Emaar Beachfront and Dubai Creek Harbour are driving the off-plan market’s expansion, offering flexible payment plans and promising returns.

Conclusion

The Dubai Real Estate Market Q1 2025 report shows a thriving sector with AED 114.15 billion in sales and Jumeirah Village Circle (JVC) leading with 3,453 transactions. Demand for both luxury and affordable properties continues to grow, with off-plan investments seeing strong appreciation. As Dubai remains a global real estate hotspot, the momentum is expected to continue in the coming quarters.