Residential Market Monthly - May

• Transaction activity across the residential sector increased in April. Demand was up 19% m/m and by more than 55% y/y. This is the highest monthly transaction recorded so far this year and reverses some of the quarterly dip in activity which was observed in Q1 2025.
• JVC and Business Bay were the two most active markets for overall (including off-plan and ready) apartment demand in April.
• Most of the transaction activity across the villa/townhouse segment was observed across the off-plan segment. Close to 75% of the 3,500 villa/townhouse units sold in April were under-construction.
• YTD in 2025, 15,171 new units have been handed over, compared to 6,700 units completed in 2024 for the same time period.

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