Economy News Real Estate

Dubai property market breaks records in Q1 2025

Dubai’s real estate sector posted its strongest first-quarter performance in over a decade. Both transaction volume and value reached historic levels according to Property Finder’s Q1 2025 Insights.

Dubai recorded 45,474 real estate transactions totalling $38.8bn, a 22% rise in volume and 30% rise in value compared to Q1 2024.

The market’s momentum was fuelled by a significant rise in off-plan sales, which made up more than half of all property transactions. The ready property market also had a standout quarter, achieving its highest figures to date with notable increases in both the number of deals and overall investment.

The ongoing shift from renting to owning is fuelling demand, as rising rental prices push residents to consider homeownership. Investor confidence remains high, further reinforcing Dubai’s global standing as a top-performing property market.

Gulf Economist Staff Writer