Dubai January 2025: Market Watch Monthly Performance Report
• The market witnessed a 23.2% YoY increase in recorded sales transactions, reaching 14,238 compared to 11,554 in
January 2024.
• The Sales transaction value witnessed a significant surge in the value of transactions reaching AED 44.4 billion, marking a YoY increase of 24.1%.
• The Existing Property transactions revealed a YoY increase of approximately 32.3% in volume, with 6,845 transactions. The value of these transactions increased by 42.8% YoY, touching AED 29.3 billion, compared to AED 20.5 billion in January 2024.
• Secondary ready sales (pre-owned properties) continued to support market growth, recording an 11% increase in volume and a 23% surge in value. Meanwhile, primary ready sales (newly completed properties sold by developers to first-time buyers) grew significantly by 125%, accounting for 27% of total ready transactions, up from 19% in January 2024. This sharp increase reflects a growing preference among home seekers for brand-new units over second-hand properties.
• Off-plan showed more demand than ready units, with a YoY increase of approximately 15.9% in volume, and 7,393 recorded transactions. Values experienced a decrease of around -1.1% YoY, reaching roughly AED 15 billion, compared to AED 15.2 billion in January 2024.
January 2024.
• The Sales transaction value witnessed a significant surge in the value of transactions reaching AED 44.4 billion, marking a YoY increase of 24.1%.
• The Existing Property transactions revealed a YoY increase of approximately 32.3% in volume, with 6,845 transactions. The value of these transactions increased by 42.8% YoY, touching AED 29.3 billion, compared to AED 20.5 billion in January 2024.
• Secondary ready sales (pre-owned properties) continued to support market growth, recording an 11% increase in volume and a 23% surge in value. Meanwhile, primary ready sales (newly completed properties sold by developers to first-time buyers) grew significantly by 125%, accounting for 27% of total ready transactions, up from 19% in January 2024. This sharp increase reflects a growing preference among home seekers for brand-new units over second-hand properties.
• Off-plan showed more demand than ready units, with a YoY increase of approximately 15.9% in volume, and 7,393 recorded transactions. Values experienced a decrease of around -1.1% YoY, reaching roughly AED 15 billion, compared to AED 15.2 billion in January 2024.
Key Findings:
• In January 2025, Dubai’s real estate market reflected evolving lifestyle preferences Property Finders propietary data shows growing demand for larger living spaces.
• While apartments remained the top choice, attracting 59% of property buyers and 82% of renters, the villa and townhouse segment witnessed a notable shift. Half of all villa buyers were searching for four-bedroom or larger homes, marking an increase from 44% in the same month last year. This trend highlights a rising preference for spacious family residences, driven by changing household needs and long-term investment appeal.
• The rental market also saw a shift in priorities, particularly in the villa segment, where demand for furnished units surged by 8% year-over-year, now making up 51% of all villa searches. This growing interest in turnkey, fully equipped homes suggests that tenants are prioritizing convenience and flexibility, aligning with Dubai’s dynamic, fast-paced lifestyle.
• While apartments remained the top choice, attracting 59% of property buyers and 82% of renters, the villa and townhouse segment witnessed a notable shift. Half of all villa buyers were searching for four-bedroom or larger homes, marking an increase from 44% in the same month last year. This trend highlights a rising preference for spacious family residences, driven by changing household needs and long-term investment appeal.
• The rental market also saw a shift in priorities, particularly in the villa segment, where demand for furnished units surged by 8% year-over-year, now making up 51% of all villa searches. This growing interest in turnkey, fully equipped homes suggests that tenants are prioritizing convenience and flexibility, aligning with Dubai’s dynamic, fast-paced lifestyle.
