Dubai’s real estate market surpasses AED 114bln in Q1 2025

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Farooq Syed, CEO of Springfield Properties. Image Courtesy: Springfield Properties

Dubai Real Estate Market Surpasses AED 114 Billion in Q1 2025: Total transaction value reaches AED 114.08 billion, reflecting a robust 29.19% year-on-year growth.
Off-Plan Market Records Over 24,920 Transactions in Q1 2025: Investor demand remains strong with 24,920 off-plan transactions completed, highlighting sustained interest.

Dubai - Dubai’s real estate market has exhibited substantial growth in the first quarter of 2025, according to the latest analysis by Springfield Properties. The sector recorded a total transaction value of AED 114.08 billion, marking a 29.19% increase compared to the same period in 2024, with 42,269 transactions completed - a 23.11% rise year-on-year.

Off-plan properties have been a significant contributor to this growth, with 24,920 transactions in Q1 2025, up from 20,006 during the same period last year. The ready market also saw notable gains, with transaction values increasing from AED 43.9 billion in Q1 2024 to AED 60.2 billion in Q1 2025.

The rental market has mirrored this upward trend, with average rents per square foot rising by 14%, from AED 71 to AED 81. Notably, Dubai South and Al Furjan led this growth, posting increases of 26.37% and 21.56%, respectively.

“The sustained growth in Dubai's real estate market reflects a strategic alignment with the emirate's long-term vision for economic diversification and urban development. The significant uptick in both off-plan and ready property transactions underscores the confidence investors have in Dubai's robust regulatory framework and its commitment to infrastructural excellence,” said Farooq Syed, CEO of Springfield Properties. “As we progress through 2025, the market is poised to offer further opportunities, driven by innovative developments and policies that continue to attract both regional and international investors seeking stable and lucrative returns”.

Market projections suggest that property prices are expected to increase by 5% to 10% throughout 2025, supported by the anticipated delivery of approximately 72,365 residential units. Dubai's evolving landscape continues to attract investors seeking long-term value in a market characterized by its resilience and strategic growth initiatives.

Springfield Properties’ Q1 2025 Dubai Real Estate Market Report is now available for download HERE.

About Springfield Properties

Springfield Properties, headquartered in Dubai, is a beacon of innovation and excellence in the real estate industry. With a team of over 140 dedicated realtors, we are committed to reshaping the financial landscape with a forward-thinking, human-centric approach.

Our mission revolves around assisting value-driven investors, individuals, and businesses in achieving financial success while upholding the highest standards of integrity and market expertise. We understand that every client is unique, and our goal is to provide tailored solutions that meet their specific needs.

As a dynamic force in the real estate industry, we seamlessly blend innovation and expertise to deliver exceptional results. We harness the power of real-time, data-driven insights while maintaining a deep understanding of the ever-evolving financial landscape in the UAE.

Springfield Properties earned the trust of our clients through unmatched market insight and a commitment to excellence. Since our establishment in 2008, we have consistently demonstrated our ability to meet and exceed our clients' expectations.