Dubai’s property market began 2025 with a 0.57% price decline the first in over two years bringing the average to AED 1,484 per sq. ft. Despite this transactions remained remained strong, with 14,413 sales in January, the highest ever for the month.
Price growth slowed in late 2024, turning negative in January after 51 months of appreciation. Prices remain 20.3% above the 2014 peak, signaling a more measured growth phase. Residential properties dominated with 91% of transactions, while commercial sales saw activity
Price growth slowed in late 2024, turning negative in January after 51 months of appreciation. Prices remain 20.3% above the 2014 peak, signaling a more measured growth phase. Residential properties dominated with 91% of transactions. Off-plan sales led with 7,555 transactions 52.4%, though Title Deed sales rose by 15.7%, indicating a shift toward completed properties.
Dubai launched 53 new projects, adding 12,400+ units. Mortgage transactions grew 6.8% to 41,341, with an average loan of AED 1.97M. Refinancing rose to 28.4%, and bulk mortgages comprised 29.7%.
Driven by new project launches and evolving investment trends, Dubai’s property market is well-positioned for steady growth in 2025.
