Dubai Residential Market Review, Q1 2025

• Demand for residential properties across Dubai eased in Q1 2025. A total of 43,400 units were sold which was 9% lower than the total units sold in Q4 2024.
• Off-plan transactions continue to remain the primary driver of demand across the city. During Q1, 70% of all units sold were off plan/under-construction. Apartment developments (off-plan) were the most in demand and accounted for 52% of the total transactions in Q1.
• A total of 22,129 units were launched in Q1 2025.
• Capital values across most micro-markets have seen healthy expansion over the last few years. Just in the last three years, average price / sq. ft. for apartments has increased from AED 1,095 in March 2022 to AED 1,725 and for villas/townhouses from AED 1,265 to AED 2,085 in March 2025.

Please reach out to your relationship manager for a copy of the report.