Post by: Pratik Kumar
Dubai's real estate market hit a big milestone in the first quarter of 2025, with property sales totaling AED 142.7 billion, according to Property Finder’s Q1 report. This is a new record, showing a 22% increase in the number of transactions and a 30% rise in total sales compared to the same time last year.
The report also highlighted a big jump in the sale of ready-to-move-in homes in Dubai. These properties reached AED 87.5 billion, with 20,034 sales. This is the best performance the market has ever seen, with a 21% rise in the number of transactions and a 34% increase in value compared to last year. This shows that many people are eager to buy homes that are ready to move into right away.
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Meanwhile, sales of off-plan properties, or homes still being built, also did well. There were 25,440 off-plan sales, adding up to AED 55.2 billion, which is a 24% increase from the same time last year. Off-plan homes made up more than half (56%) of all property transactions in Dubai, meaning a lot of people are still buying homes that are under construction, hoping for long-term value.
In Abu Dhabi, the real estate market showed a different trend. More people are buying high-value, ready-to-move-in homes. There was a 9% increase in the number of these homes sold, and a huge 75% rise in their value compared to last year. In total, 2,496 property sales were recorded in Abu Dhabi, worth AED 9.6 billion.
Cherif Sleiman, Chief Revenue Officer at Property Finder, said that Dubai’s real estate market is strong because investors believe the value of properties will keep increasing in the future. He also mentioned that more people are looking for good, ready-to-move-in homes in Abu Dhabi. He pointed out that changes in global policies and the weaker US dollar have made people from other countries more interested in investing in UAE properties.
Dubai is also working to make the property market smarter and easier to invest in. There are programs like the Dubai Real Estate Alliance, and the Dubai Land Department (DLD) is working with the Virtual Assets Regulatory Authority (VARA) to make real estate more accessible to everyone, both locally and globally.
As rental prices go up, many people are thinking about buying homes instead of renting. This is shown by the strong demand for ready-to-move-in properties in Dubai, where more people are choosing to own rather than rent.
In Abu Dhabi, residential properties made up 60% of the total value of real estate sales in Q1 2025, and 88% of all property transactions in the city. This shows that people still want finished homes. Compared to the first quarter of last year, the number of ready-to-move-in homes sold increased by 5%, and their value went up by 33%.
In summary, the first quarter of 2025 was very strong for both Dubai and Abu Dhabi’s real estate markets. More people are buying homes, and the market is growing because of people’s trust in long-term value, as well as programs that make buying real estate easier. The UAE continues to be a popular place for people to invest in property.
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