Dubai’s property market is showing no signs of slowing down. According to the latest report by ValuStrat, real estate prices surged again in March 2025, with the overall market seeing a 25.9% year-on-year increase in property values.
The ValuStrat Price Index (VPI) hit 210.8 points last month—up 1.6% from February—highlighting just how strong buyer confidence remains in the emirate.
🏢 Apartments See Steady Growth
Apartment values rose 1.2% month-over-month and are now 21.4% higher than the same time last year. Among the top-performing areas:
On the lower end of the scale, International City saw a modest increase of 14.9%, while Burj Khalifa recorded 17.4% growth.
Fun fact: Apartment values are now 67% above post-pandemic levels, though still about 8% below the last market peak. Jumeirah Beach Residence recently joined Palm Jumeirah and The Greens in exceeding previous price highs.
Villas Continue to Lead the Charge
Villas are driving much of the growth, with prices up 2% monthly and a huge 30.3% year-on-year increase. Leading the pack:
In contrast, Mudon remained relatively flat, recording a 9.3% rise and holding steady for the seventh month in a row.
Dubai’s freehold villas are now, on average, 60% higher than their last peak and a staggering 165% above post-pandemic values.
Off-Plan Properties Dominate Sales
Off-plan properties made up a significant 69.7% of all home sales in March. While monthly off-plan registrations dipped by 7.4%, they were still up 19.3% year-over-year. Ready home sales dropped slightly by 2.4%, but remained 1.1% higher than in March 2024.
Top developers by sales included:
Popular off-plan hotspots last month:
Both Dubai Production City and Uptown Motor City hit record-breaking numbers for monthly off-plan transactions. Meanwhile, most ready homes were sold in JVC, Dubai Marina, Business Bay, Downtown Dubai, and International City.
Q1 2025: A Record-Breaking Start to the Year
Dubai’s real estate market kicked off 2025 with a bang, logging AED142.7 billion ($38.85B) in sales during the first quarter—a 30.3% increase compared to Q1 2024.
The quarter saw:
These numbers make Q1 2025 the second-highest quarter on record, just shy of the Q4 2024 peak. It’s clear: Dubai continues to be a magnet for investors, buyers, and developers alike.
Final Thoughts
If you’re considering entering the Dubai market—or expanding your portfolio—now might be the time. With prices rising across the board and demand showing no signs of cooling, the emirate’s real estate sector is poised for another strong year.
The ValuStrat Price Index (VPI) hit 210.8 points last month—up 1.6% from February—highlighting just how strong buyer confidence remains in the emirate.
🏢 Apartments See Steady Growth
Apartment values rose 1.2% month-over-month and are now 21.4% higher than the same time last year. Among the top-performing areas:
- The Greens: +27.4%
- Dubailand Residence Complex: +25.5%
- Palm Jumeirah: +25.2%
- Town Square: +24.4%
- The Views: +24.3%
On the lower end of the scale, International City saw a modest increase of 14.9%, while Burj Khalifa recorded 17.4% growth.
Fun fact: Apartment values are now 67% above post-pandemic levels, though still about 8% below the last market peak. Jumeirah Beach Residence recently joined Palm Jumeirah and The Greens in exceeding previous price highs.
Villas Continue to Lead the Charge
Villas are driving much of the growth, with prices up 2% monthly and a huge 30.3% year-on-year increase. Leading the pack:
- Jumeirah Islands: +42%
- Palm Jumeirah: +41.5%
- Emirates Hills: +30.5%
- The Meadows: +29.6%
In contrast, Mudon remained relatively flat, recording a 9.3% rise and holding steady for the seventh month in a row.
Dubai’s freehold villas are now, on average, 60% higher than their last peak and a staggering 165% above post-pandemic values.
Off-Plan Properties Dominate Sales
Off-plan properties made up a significant 69.7% of all home sales in March. While monthly off-plan registrations dipped by 7.4%, they were still up 19.3% year-over-year. Ready home sales dropped slightly by 2.4%, but remained 1.1% higher than in March 2024.
Top developers by sales included:
Popular off-plan hotspots last month:
- Jumeirah Village Circle (9.2%)
- Business Bay (7.4%)
- Damac Island City (5.7%)
- Dubai Production City (5.3%)
- Dubai Maritime City (4.8%)
Both Dubai Production City and Uptown Motor City hit record-breaking numbers for monthly off-plan transactions. Meanwhile, most ready homes were sold in JVC, Dubai Marina, Business Bay, Downtown Dubai, and International City.
Q1 2025: A Record-Breaking Start to the Year
Dubai’s real estate market kicked off 2025 with a bang, logging AED142.7 billion ($38.85B) in sales during the first quarter—a 30.3% increase compared to Q1 2024.
The quarter saw:
- 45,485 total transactions (up 22.8%)
- Plot sales up 193.8% to AED35.5B
- Villa sales up 43.1% to AED41.3B
- Apartment sales up 12.6% to AED62.3B
- Commercial sales up 25.2% to AED3.6B
These numbers make Q1 2025 the second-highest quarter on record, just shy of the Q4 2024 peak. It’s clear: Dubai continues to be a magnet for investors, buyers, and developers alike.
Final Thoughts
If you’re considering entering the Dubai market—or expanding your portfolio—now might be the time. With prices rising across the board and demand showing no signs of cooling, the emirate’s real estate sector is poised for another strong year.
