Residential Market Monthly - January 2025

• Demand for residential properties remained strong in January, a trend which has been continuing for the last twelve months. A total of 13,500 units were sold across the city which was 26% higher y/y.
• Villa/townhouse developments saw a sharp 30% m/m increase in transaction volumes with more than 3,600 units sold. Close to 6,500 off-plan apartment units were transacted in January, 14% higher y/y.
• Close to 6,500 new units were launched across Dubai in the month of January. It is lower than the circa 10,000 units launched this time last year, however, it is still a healthy number from historic context and also significant given the approx. 142,000 units that were launched in 2024.
• On average prices across the villa/townhouse segment increased by 3% m/m. The latest set of growth in capital values have pushed the average prices across the villa/townhouse segment by 21% y/y.

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