Categories: BusinessNews

DUBAI REAL ESTATE MARKET SETS NEW MONTHLY SALES RECORD OF AED 62.4B IN APRIL

Data underscores the strength of the real estate sector and its consistent growth pattern in recent years

Dubai, UAE, 6th May, 2025: Dubai’s thriving real estate market set a new all-time monthly sales record of AED62.4 billion in April, a 95.3% increase in value on the same month last year. 

A market update issued today by fäm Properties reveals that last month’s total of 17,979 transactions also represented a 55.4% increase over April 2024, making it the third best-selling month on record in terms of volume. 

It underlines the buoyant nature of the Dubai property sector, with April eclipsing the previous monthly sales peak of AED 61.1 billion in October last year, following on from the second highest ever quarterly total of AED 142.7 billion in Q1 2025. 

Data from DXBinteract shows major increases in the number of transactions across all real estate sectors for April compared with last year, topped by 3,223 villa sales – a 134% rise in volume – worth AED23.7 billion. 

Plot sales worth AED 10.9 billion climbed by 126% in volume to 599, followed by apartment sales of AED26.7 billion rising by 42.3% to 13,737. A total of 419 commercial property transactions amounting to AED1.1 billion represented a 54% increase in volume over April 2024, while the average price per sq. ft was up by 2.3% to AED 1,583. 

“Once again, the data underscores the strength of Dubai’s real estate market and the consistent growth it has shown in recent years,” said Firas Al Msaddi, CEO of fäm Properties. 

“It reaffirms Dubai’s reputation as a secure, dependable destination for real estate investment, strengthening investor confidence and drawing increased interest from local, regional, and international markets.” 

Dubai property sales for the month of April have now soared by 1,633% in value over the last five years – from AED3.6 billion (1,700 transactions) in 2020, AED10.9 billion (4,800) in 2021, AED17.5 billion (6,900) in 2022, AED26.3 billion (8,000) in 2023 and AED32 billion (11,600) in 2024 and last month’s new high. 

The most expensive individual property sold in April was a luxury villa at Palm Jumeirah which fetched AED180 million. The most expensive apartment sold during the month went for AED156 million at Bulgari Lighthouse Dubai at Island 2. 

With properties worth more than AED5 million accounting for 11% of total sales, 31% came in the AED1-2 million range, 27% below AED1 million, 18% between AED2-3 million and 14% between AED3-5 million. 

Overall, first sales from developers were significantly greater than those of resales – 67% over 33% both in terms of volume and overall value. 

Record-Breaking AED62.4 Billion in April Sales Highlights Unprecedented Growth Across All Sectors of Dubai’s Real Estate Market

UnitsValue
Jumeirah Village Circle 1,6062.166 billion
Business Bay1,1683.477 billion
Al Yelayiss 11,0203.338 billion
Wadi Al Safa 59641.983 billion
Dubai Marina9263.243 billion

World Economic Magazine

Recent Posts

Judge Blocks New York Labor Law in Major Win for Amazon’s Workplace Policy Battle

Amazon secured a key early win as a federal judge blocked New York from enforcing…

1 hour ago

Enthuse Foundation Announced Finalists for 7th Annual Women Founders Pitch Competition

The Enthuse Foundation has revealed the finalists for its 7th Annual Women Founders Pitch Competition,…

1 hour ago

2nd Edition Model Risk Management, Canada

The Marcus Evans 2nd Edition Model Risk Management, Canada conference taking place in Toronto, Canada…

1 day ago

‘Grow With China’ Event Highlights Shanghai’s Expanding Role in Global Economic Growth

Economists say Shanghai is strengthening its role as China’s reform engine, accelerating innovation and global…

1 day ago

U.S. Consumers Plan to Spend Nearly $80 Billion During Black Friday

U.S. shoppers are set to spend nearly $80 billion this Black Friday and Cyber Monday,…

3 days ago

Waiken’s $450 Million Bet on Latin America: A Strategic Push into Connectivity and Content

Waiken has unveiled a US$450 million investment plan through 2031 to strengthen its entertainment and…

3 days ago