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The first quarter of 2025 was again a record high for the UAE real estate market

25.04.2025
Homesoverseas.ru editorial office
388
In the first three months of 2025, a total of 45,474 real estate transactions worth 142.7 billion dirhams (over 38 billion US dollars) were registered in Dubai. Thus, the number of transactions increased by 22%, and their value increased by 30% compared to the same period last year.

The secondary real estate market (houses, apartments, buildings) has shown exceptionally good results.There were 20,034 transactions worth 87.5 billion dirhams (about 25 billion US dollars).This is a 21% increase in quantity and a 34% increase in value compared to the previous two years.

Real estate under construction accounted for 56% of all sales.25,440 transactions worth 55.2 billion dirhams (approximately 15.7 billion US dollars) were registered.This is 24% more than in the 1st quarter of 2024.

Abu Dhabi's real estate market has also seen significant growth.Sales of finished real estate increased by 9% year-on-year, and the value of transactions increased by 75%, reaching 9.6 billion dirhams (about 2.7 billion US dollars).

Source: Geo News

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