Dubai Real Estate Market Report — April, 2025

Dubai Real Estate Market Report – April 2025

Dubai's residential market posted its best April on record. Taking in every property type, 17,942 transactions were completed for a combined AED 62.46 billion — the highest April volume and the highest April value in the 12-year series. On the narrower Apartment, Villa and Commercial measure, deal count rose +55% year on year to 17,551 while value almost doubled, up +97% to AED 52.42 billion.

Apartments handled most of the lifting, but the month's defining narrative was a villa segment that more than doubled in both volume and value.

Headline figures

Year-on-year performance by category

Apartments powered the growth. Volume hit 13,700 deals, up +41% year on year and 4,014 above the previous April — the highest April apartment volume in the 12-year series. Value climbed +48% to AED 26.81 billion. The median price per square foot stayed flat at AED 1,652 (0% year on year), yet that remains the highest April price per square foot the series has logged, now 29% above 2014. The median apartment ticket slipped 2% to AED 1,276,646, a signal that volume and mix, not per-unit pricing, drove the value gain.

Villas stole the spotlight. Transactions jumped +146% to 3,432 — 2,039 more than a year before and the highest April villa volume in the series — while value soared +204% to AED 24.55 billion, nearly matching the apartment total on barely a quarter of the deal count. Pricing moved decisively here: the median price per square foot advanced +21% to AED 1,510, a new April high and now 92% above 2014, even as the median villa ticket stayed steady at AED 3,484,944.

Commercial was the smallest segment but hardly dormant: 419 deals (up +54%) worth AED 1.06 billion, a +128% value surge, with the median price per square foot rising +30% to AED 1,746 — the highest April figure in the series — and the median ticket up +59% to AED 1,850,000. Ranked by value the segments ran apartments first, villas second, plots third and commercial last. By the size of the typical deal, though, plots carried the largest median ticket, at AED 5,700,000.

Every category, including plots and buildings

Plots fall outside the headline Apartment/Villa/Commercial measure but were a notable presence: 391 land deals produced AED 10.04 billion, ranking them third by value behind apartments and villas. At a median AED 500 per square foot but a median ticket of AED 5,700,000 — the largest of any category — plots point to sustained appetite for development-ready land.

Primary versus resale

New-build sales led the flow. Primary deals made up 67% of Apartment, Villa and Commercial volume and 69% of value — 11,774 transactions worth AED 36.00 billion. Resale took the remaining 33% of volume and 31% of value, or 5,777 deals totalling AED 16.41 billion. The market stays firmly led by off-plan launches.

Where the activity was

By value, Me'Aisem Second headed the table at AED 7.18 billion, ahead of Palm Jebel Ali (AED 3.38 billion), Al Yelayiss 1 (AED 3.34 billion), Marsa Dubai (AED 3.24 billion) and Business Bay (AED 2.83 billion). By deal count, Al Barsha South Fourth led with 1,605 transactions, ahead of Business Bay (1,163), Al Yelayiss 1 (1,019), Wadi Al Safa 5 (954) and Marsa Dubai (925). Three areas — Al Yelayiss 1, Marsa Dubai and Business Bay — show up on both lists, combining high value with high turnover.

Rental market

The rental market rose across the board: every segment — new and renewed apartment, villa and commercial leases — logged higher contract counts and higher median rents year on year. Commercial led the gains, with new commercial leasing volume up +67.03% and median rent up +17.27% to AED 129,000. New apartment contracts climbed +43.93% to 11,044 with median rent up +7.69% to AED 70,000, while new villa leases rose +36.67% with median rent up +9.09% to AED 180,000. Renewals repeated the same pattern of rising volumes and rents.

Supply

Supply tilted heavily toward new launches. Developers launched 11,013 units across 49 projects while only 2,173 units across 10 projects were delivered — a launch-to-delivery ratio of 5.1 and a net of 8,840 more units launched than handed over.

Launched

• Grand Polo - Montura 3 – Dubai Investment Park Second (Emaar), 219 units
• Binghatti Aquarise - Tower E – Business Bay (Binghatti), 1,602 units
• The Mural – Madinat Dubai Almelaheyah (Beyond), 268 units
• Chelsea Gardens – Al Satwa (Alaia), 59 units
• Bling Avenue 1 – Dubai South (Bling), 40 units
• Westar Altair – Dubai South (Westar), 56 units
• Bayview Boulevard – Dubai Islands (Ab Developers), 68 units
• Trump Tower – Trade Center First (Dar Global), 574 units
• Sea Legend One By M V S Real Estate – Dubai Islands (M V S), 65 units
• Augusta – Al Yelayiss 2 (Nshama), 154 units
• West 5 Residences – Al Satwa (N W Z Development), 129 units
• Bottega Nove – Wadi Al Safa 3 (Al Andalusia Group), 60 units
• Leven Residences – Al Barsha South Fifth (Metrical), 228 units
• Mirdif Hills - Asayel Avenue – Mirdif (Dubai Investments), 193 units
• Casa Ahs – Al Wasl (Ahs Properties), 37 units
• Sea Coral By Next Realty – Dubai Islands (Next Realty), 80 units
• Olaia Residences – Palm Jumeirah (Gulf House), 149 units
• Park Gate 2 – Hadaeq Sheikh Mohammed Bin Rashid (Emaar), 17 units
• Floarea Oasis – Wadi Al Safa 5 (Mashriq Elite), 257 units
• Isolana Residences – Dubai Islands (Hayaat), 71 units
• Cotier House 2 By Imtiaz – Dubai Islands (Imtiaz), 128 units
• Elire – Business Bay (Qube Development), 101 units
• Sparklz By Danube - Tower B – Jabal Ali First (Danube), 358 units
• Park Lane 2 By Heilbronn – Al Barsha South Fourth (Heilbronn), 84 units
• Binghatti Ruby – Al Barsha South Fourth (Binghatti), 628 units
• Azizi Milan 20 – Wadi Al Safa 4 (Azizi), 741 units
• Stamn Yuni – Al Satwa (Stamn), 88 units
• Wasel By Azizi – Dubai Islands (Azizi), 227 units
• Lume Residences – Al Barsha South Fourth (S And S), 182 units
• Zyra Vista Residences – Warsan Fourth (Laraix), 51 units
• Azizi Milan 30 – Wadi Al Safa 4 (Azizi), 629 units
• Reem By Vision – Wadi Al Safa 2 (Vision Developments), 200 units
• South Park Residences By Wellington – Saih Shuaib 2 (Wellington), 23 units
• Al Haseen Residence 4 – Saih Shuaib 3 (Dugasta), 248 units
• Shoaq – Dubai Islands (Avenew), 78 units
• Rose Gardens 3 – Al Barsha South 3 (Roz Development), 49 units
• Peninsula Dubai Residences - Tower 2 – Jumeirah Second (H&H), 102 units
• Sunset Bay Three By Imtiaz – Dubai Islands (Imtiaz), 63 units
• Chelsea Residences By Damac Tower-B – Madinat Dubai Almelaheyah (Damac), 716 units
• Grand Polo - Chevalia Fields – Dubai Investment Park Second (Emaar), 179 units
• Neem At Park Five – Me'Aisem First (Deyaar), 145 units
• Koro One – Al Satwa (Koro), 144 units
• Azizi Milan 51 – Wadi Al Safa 4 (Azizi), 579 units
• 08 Life Residences – Warsan Fourth (Deniz), 107 units
• Me Do Re Business – Al Thanyah Fifth (Me Do Re), 293 units
• Grand Polo - Montura 2 – Dubai Investment Park Second (Emaar), 206 units
• Raffi By Azizi – Jabal Ali First (Azizi), 171 units
• Rose Gardens 1 – Al Satwa (Roz Development), 166 units
• Nabni Sky Royal Residences – Business Bay (Nabni), 1 units

Delivered

• Seagate Building 4 – Madinat Dubai Almelaheyah (Emaar), 282 units
• Lumina Vista Residences – Al Barsha South Fourth (Arib), 74 units
• Palm Hills – Hadaeq Sheikh Mohammed Bin Rashid (Emaar), 76 units
• Dusk By Binghatti – Al Barsha South Fourth (Binghatti), 107 units
• Hz Residences 4 – Warsan Fourth (Al Helal Al Zahaby), 87 units
• Damac Hills (2) - Victoria 2 – Madinat Hind 4 (Damac), 96 units
• Tilal Al Furjan- Phase Two – Jabal Ali First (Nakheel), 246 units
• Tilal Al Furjan- Phase One – Jabal Ali First (Nakheel), 235 units
• Opalz By Danube - Tower 2 – Al Barsha South 2 (Deyaar), 726 units
• Liv Marina – Marsa Dubai (Liv), 244 units

Most expensive sales

Top apartment sales

1. AED 35,000,000 – Bulgari Residences 2, Jumeirah Bay Islands
2. AED 25,000,000 – The St. Regis Residences - Tower 1, Downtown Dubai
3. AED 24,903,330 – Dubai Harbour Residences (Area 1)-A, Marsa Dubai
4. AED 23,500,000 – Balqis Residence - Garden Villas, Palm Jumeirah
5. AED 23,256,317 – Dubai Harbour Residences (Area 3), Marsa Dubai

Top villa sales

1. AED 180,000,000 – Palm Jumeirah
2. AED 121,200,000 – Wadi Al Safa 3
3. AED 103,268,816 – Dubai South
4. AED 100,000,000 – Hadaeq Sheikh Mohammed Bin Rashid
5. AED 56,000,000 – Me'Aisem First

Notes on methodology

Scope. Headline totals and the category table take in every property category present in the data, Plot and Building included. The primary/resale split, the top-area rankings and the year-on-year series relate to Apartment, Villa and Commercial alone, so those numbers are intentionally smaller than the headline and must not be summed across sections.

Rounding. The headline totals are the authoritative rounded values. Category-level breakdowns are rounded on their own and need not add up precisely to the headline.

Definitions. Price figures represent medians rather than averages. Year-on-year sets the period against the matching period twelve months earlier. All values are in AED; areas are in square feet.