In January 2025, the number of real estate purchase and sale transactions in Dubai, according to a report by Fäm Properties, increased by 23.3% compared to the same month last year, reaching 14,236 units. Sales increased by 24.1% year-on-year, amounting to 44.4 billion dirhams.
The primary market accounts for 65% of transactions and 35% for the secondary market.
The share of housing sales of different values:
- less than 1 million dirhams ($270,000) - 27%
- from 1 to 2 million dirhams (270,000–540,000 dollars) – 31%
- from 2 to 3 million dirhams (540,000 810,000 dollars) 20%
- from 3 to 5 million dirhams (810,000-1.35 million dollars) - 14%
- more than 5 million dirhams (1.35 million dollars) - 9%
The average price per square meter of real estate decreased by 4% to 1559 dirhams, however, this is 81.2% more than 5 years ago.
Among the most expensive deals in January: the sale of a villa in Dubai Hills Estate for 140 million dirhams (37.8 USD) and an apartment in Ava At Palm Jumeirah By Omniyat for 57 million dirhams (15.4 million USD).
Source: Business Outreach