Dubai Property Market Records Impressive 23% Sales Growth in April

Dubai’s real estate market continues to show remarkable resilience and growth, with impressive activity across both sales and rental sectors. In April, the market saw a significant uptick in transaction volumes, reflecting continued investor confidence and demand across various property segments. 

The total value of sales transactions for the month reached AED46.18 billion, marking a 23.1% increase from March figures. This surge in activity indicates the ongoing appeal of Dubai’s property market, which continues to be a hotspot for both local and international investors.

Residential Market Trends

Apartments continued to lead the Dubai property market, with studios and one-bedroom units accounting for over two-thirds of all transactions. This reflects the sustained demand for compact and cost-effective residences within the city’s urban centres. 

Areas such as Motor City, Dubai Marina, and Dubai Land recorded the highest apartment sales activity, driven by their strategic locations and strong investment potential, attracting both buyers and investors seeking high-yield assets.

Off-plan properties maintained their dominance in the market, representing 59% of all transactions in April. Meanwhile, the secondary market experienced a marked uptick, with its share rising to 41% from 38% the previous month. 

The rising share of secondary market transactions reflects a shift in buyer preferences toward ready-to-move-in properties, supported by a heightened demand for immediate occupancy and the attractiveness of well-established residential communities.

Villas and townhouses continued to attract strong interest, especially four- and five-bedroom configurations, reflecting sustained demand from families seeking greater space and privacy. Notable activity was recorded in communities such as Dubai Hills Estate, Al Furjan, and Jumeirah Golf Estates areas known for their mature, family-oriented environments, landscaped surroundings, and premium lifestyle offerings.

Rental Market 

Despite the sales market recording significant growth, the rental segment experienced a moderate decline in April, with a 23% drop in completed lease agreements compared to the previous month. Nevertheless, a 1.2% rise in tenant inquiries suggests that underlying demand for rental properties remains resilient.

The average annual rent for apartments across Dubai stood at AED140,000, with Dubai Marina, Jumeirah Lake Towers (JLT), and Dubai Land continuing to be the most sought-after areas for tenants.

The Bigger Picture

April’s performance underscores the balanced nature of Dubai’s real estate market. While off-plan properties continue to drive sales, the secondary market’s growing share highlights a shift towards more immediate and ready-to-move-in properties. This trend reflects a more stable market where both investors and end-users are increasingly confident in their decisions.

The ongoing demand for family-sized homes, particularly villas and townhouses, alongside the continued popularity of apartments, suggests that Dubai’s real estate market is maturing. It’s no longer just about large transactions and high investment returns—there is a clear demand from people who are looking to settle, grow, and make Dubai their long-term home.

At One Investments, we help investors tap into this opportunity with confidence and care. By leveraging in-depth market knowledge and a thorough understanding of client needs, we provide tailored investment solutions that prioritise both security and growth, ensuring long-term success in Dubai’s thriving real estate sector.