Some months set records. Others redefine the market. February 2025 did both. With Villa sales nearly doubling, mortgages surging 65% and overall transactions hitting 16,099 – Dubai real estate market isn’t just booming – it’s evolving.
Investors are making bold moves; prices are shifting, and demand is rewriting the market history. With 16,099 transactions recorded and a total sales value of AED 51.1 billion, the market outperformed February 2024 by a significant margin.
Here’s a full breakdown of February’s market performance
Market Overview
Total Sales Volume: 16,099 transactions (+35.5% YoY)
- Total Sales Value: AED 51.1 billion (+39.9% YoY)
- Average Price per Sqft: AED 1,551 (+3.4% YoY)
The Dubai property market remains strong with stable price growth and increasing demand. Confidence of buyers and investors is increasing, driving higher volumes of transactions across all sectors.
What’s Selling?
- Apartments: 11,364 sales (+21.3% YoY) – AED 21.4B in value
- Villas: 3,679 sales (+99.9% YoY) – AED 18.8B in value
- Commercial Spaces: 447 sales (+40.1% YoY) – AED 1.2B in value
- Buildings: Just 1 sale (same as last year) – AED 30.6M
- Plots: 608 sales (+74.7% YoY) – AED 9.6B in value
Clearly, villas are the hottest thing in the market right now! Sales nearly doubled compared to last year.
How Much Are Properties Going For?
- Apartments: AED 1.3M (+1.4% YoY)
- Villas: AED 3.3M (+8.3% YoY)
- Commercial Properties: AED 1.4M (+9.8% YoY)
- Buildings: AED 30.8M (+101.3% YoY!)
- Plots: AED 3.1M (-44.4% YoY)
Villa prices are steadily rising, while plots saw a big drop. Investors seem more interested in built properties rather than land.
Rents Are Rising Too
Thinking about renting? It’s getting more expensive:
- Apartments: AED 82K/year (+9.3% YoY)
- Villas: AED 175K/year (+16.7% YoY!)
- Commercial Spaces: AED 66K/year (-5.7% YoY)
Villas again stealing the spotlight rents are up almost 17% compared to last year!
More People Are Taking Mortgages
- Mortgage transactions: 3,520 (+22.8% YoY)
- Total mortgage value: AED 14.4B (+65.1% YoY!)
That’s a huge jump in mortgage activity, meaning more people are securing financing and planning for the long term.