Dubai Property Market Overview

7 Mar 2025

• Feb 2025 showed robust transaction volume for both offplan and ready properties, closing higher than even the usual November and December sales peaks observed in past years.

• Offplan average PSF is tending to be flat as higher-priced new launch inventory is taking time to clear, while the middle to lower priced inventory is still selling very well.

• Meanwhile, existing property PSF continues to trend upwards driven by continued immigration into Dubai and relatively high rental prices pushing more residents to purchase property to live in.

• Total number of transactions is down from the peak of Q2-Q3 2024, largely driven by softening demand in the offplan market in the lower price segments of AED 0-2M and AED 2-5M.

• Similar softening observed in the AED 5-10M price segment for ready properties as owners looking to sell are yielding to downward price pressures.

Visit our interactive dashboard on Tableau Public:

Tableau Public Link – Data updated as of 1 Mar 2025.