Dubai real estate sector saw over $31bn of transactions in Q1; rents surge with one neighbourhood seeing 26% price hike

Dubai’s real estate market in Q1 2025 saw a total transaction value of AED114.08bn ($31.1bn), a 29.19% increase from 2024, fueled by 42,269 transactions and a notable rise in both off-plan and ready properties. Rental market also surged with average rents per square foot increasing by 14%, led by Dubai South and Al Furjan. Market projections indicate a 5% to 10% property price increase in 2025, driven by the delivery of 72,365 residential units, reflecting Dubai’s strategic growth initiatives and appeal to investors.

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