Dubai Real Estate Market Review 02-May-2025

Q1 Dubai report shows population at 3.92 M, 12 000 new homes delivered. Dubai’s office occupancy hit 94% with rents up 20% year-on-year. UAE GDP is projected to grow 4.7% in 2025.

ValuStrat report: Growing population bolsters demand in an increasingly unaffordable residential market

ValuStrat’s Q1 2025 Dubai report shows population at 3.92 M (+89 695 Q1), 12 000 new homes delivered, with apartment values up 21.4% and villas up 30.3%. Rents rose 10% (apartments) and 5.1% (villas). Office values surged 29.1% and rents 20.2%, while residential sales dipped QoQ.

Dubai real estate: Office rents surge over 20 percent as occupancy rates climb

Dubai’s office occupancy hit 94% with rents up 20% year-on-year amid supply shortages until 2027; Abu Dhabi offices post 96% occupancy and 13–15% rent growth. Dubai residential rents rose about 11% (apartments) and 9% (villas), sales values jumped 16%, and transaction volumes surged 23% (AED 115 billion).

MAG Signs Strategic Partnership with MultiBank Group to Tokenize $3 Billion Real Estate Assets

MAG signs a $3 billion deal with MultiBank Group and Mavryk to tokenize its luxury UAE developments on the blockchain. Using the $MBG utility token, investors gain regulated access, daily yields, and DeFi features. The platform aims to scale to $10 billion in real-world assets.

UAE real estate to thrive despite global economic tensions as Dubai and Abu Dhabi market momentum continues in Q1 2025

CBRE report highlights strong start to the year for Dubai and Abu Dhabi real estate markets.

UAE Real Estate Market Review Q1 2025

UAE GDP is projected to grow 4.7% in 2025 (up from 3.8% in 2024) despite global growth cuts to 2.8%. Higher hydrocarbon output aids growth, but Brent at $65 and trade tensions pose risks. Inflation will tick up to 2.5%, with the non-oil private sector driving the economy.

Dubai’s DXB site to become prime real estate opportunity

Dubai Airports CEO Paul Griffiths revealed that Dubai International Airport’s 2,900-hectare Al Garhoud site will be redeveloped once operations fully shift over the next decade to Dubai World Central, freeing prime land amid robust Q1 traffic and opening major real-estate and urban expansion opportunities.

UAE real estate: DHB Holding, Betterhomes launches first Abu Dhabi project

The development features 192 residences, including studios, duplexes, penthouses, and townhouses in a waterfront location.

UAE: RAK’s residential supply set to double by 2030: report

Ras Al Khaimah’s residential stock will double by 2030, fueled by tourism and developments like Wynn Al Marjan Island. Off-plan sales dominate; branded residences comprise 32% on Al Marjan. In 2024, transactions topped Dhs11 billion and tourist arrivals rose 28% to 661,000, boosting investment appeal.

$235mln in real estate trading value in Sharjah’s Central, Eastern Regions during Q1

Sharjah’s Central and Eastern regions saw Q1 2025 real estate transactions worth AED 861.6 M—up 159% year-on-year—with 6,493 deals. Sales in 308 trades covered 11.3 M sq ft (+11.9%), mortgages totalled AED 84.8 M across 118 transactions, and 355 initial sales contracts reached AED 504.3 M.

Sweid & Sweid expands portfolio with Aurora Tower acquisition in Dubai Media City

Sweid & Sweid, the Dubai-based real estate private equity and development firm, announced the completion of the acquisition of Aurora Tower, a 27-storey office building located in Dubai Media City.

GJ Properties strengthens Ajman presence with landmark projects at Real Estate Investment Exhibition 2025

GJ Properties showcased six flagship projects—Biltmore Residences, Ajman Creek Tower, ONE678, Sky Gardens, Barajeel Towers, and Ajman Pearl—totaling 8.8 M sq ft and 4,500+ units at the 2025 Ajman exhibition. It offered cash and broker incentives, recorded 10% growth in 2024, and holds a AED 550 M pipeline.

Dubai Real Estate Transactions as Reported on the 27th of February 2025

On February 27, 2024, Dubai’s real estate market recorded a total transaction value of AED 2.44 billion, showcasing the city’s dynamic property sector. The market was driven by off-plan transactions, which accounted for 57.3% of the total value, while ready properties made up the remaining 42.7%.

Off-Plan Transactions

The off-plan segment led the market with a total value of AED 1.40 billion, highlighting strong investor confidence in upcoming developments. The breakdown of sub-categories within the off-plan segment is as follows:

• Flats dominated the off-plan category, contributing 66.4% with AED 927.3 million in transactions.
• Villas accounted for 24.3% of off-plan deals, amounting to AED 339.7 million.
• Commercial properties registered AED 113.3 million, making up 8.1% of the off-plan transactions.
• Hotel apartments & rooms had the smallest share, with transactions worth AED 17.2 million, representing 1.2% of the total off-plan segment.

Ready Property Transactions

The ready property market recorded transactions worth AED 1.04 billion, reflecting continued demand for completed units. The breakdown of sub-categories within the ready property segment is as follows:

• Flats were the most traded category in ready properties, contributing 60.1% with AED 625.3 million.
• Commercial properties followed, with transactions totaling AED 250.7 million, representing 24.1% of ready property deals.
• Villas recorded transactions worth AED 114.2 million, contributing 11.0%.
• Hotel apartments & rooms generated AED 50.3 million, accounting for 4.8% of the ready property segment.

Key Takeaways

• Off-plan properties dominated the market, making up 57.3% of total transactions, demonstrating sustained investor interest in future developments.
• Flats remained the most sought-after asset class in both off-plan and ready property segments, contributing significantly to total transaction volumes.
• Commercial properties showed a notable presence, particularly in the ready segment, highlighting investor appetite for income-generating assets.
• The AED 2.44 billion transaction volume underscores Dubai’s strong position as a global real estate investment hub.

Market Outlook

The Dubai real estate market continues to exhibit resilience and growth, with both off-plan and ready properties attracting strong demand. The dominance of off-plan transactions suggests investor confidence in the city’s long-term development prospects, while the substantial share of ready properties indicates a stable end-user market. With a balanced mix of residential, commercial, and hospitality assets, Dubai remains an attractive destination for both local and international investors.

Dubai Real Estate Market Review 28-Feb-2025

Ras Al Khaimah’s casino island could yield property investment returns over 100%. 2,000 homes worth Dh5.6 billion sold out within 3 hours of launch.

Dubai Real estate developer launches 36-storey Sensia tower in Maritime City

BEYOND Developments has launched Sensia, its third signature project within the 8m sq ft master-planned development at Dubai Maritime City (DMC).

Global Partners signs landmark agreement with Mirage for mixed-use development in Dubai Healthcare City Phase 2

Global Partners Limited and Mirage Leisure & Development signed an agreement to develop a mixed-use project in Dubai Healthcare City Phase 2. Spanning 172,000 sqm, it will feature branded residences, apartments, and retail spaces. Construction begins in Q1 2026, with completion in Q4 2029, redefining urban living in Dubai.

Omniyat unit unveils third signature project at Dubai Maritime City

Beyond Developments, under Omniyat Group, has launched Sensia, a 36-storey luxury tower in Dubai Maritime City. Designed by HBA, it offers 275 premium residences with panoramic views. Completion is set for Q1 2029. The project aligns with Dubai’s real estate vision, reinforcing strong investor confidence in waterfront developments.

Ras Al Khaimah’s casino island could yield property investment returns over 100%, brokers claim

Residential property investments linked to the Middle East’s first licensed casino development could yield returns exceeding 100 per cent on initial deposits, property brokers claim, though real estate analysts offer more cautious assessments of the multibillion-dollar project.

QUBE Development and Dubai Land Department sign strategic agreement to empower Emirati real estate brokers

QUBE Development and Dubai Land Department have partnered to empower Emirati real estate brokers, dedicating inventory for them to market. This initiative supports local talent, aligns with the Dubai Real Estate Brokers Programme, and strengthens Dubai’s real estate sector by fostering growth, innovation, and inclusivity.

MGS Development Launches Edgewater Residences On Dubai Islands

MGS Development has launched a new phase of Edgewater Residences in Dubai Islands, offering luxury waterfront apartments with world-class amenities. Featuring 1-3 bedroom units starting from AED 1.68M, the project includes beach access, pools, a gym, and more. Completion is set for Q4 2026 with a 35/65 payment plan.

Sharjah: 2,000 homes worth Dh5.6 billion sold out within 3 hours of launch

Arada’s Masaar 2 project in Sharjah sold out 2,000 homes worth AED 5.6B in just three hours, making it the fastest-selling off-plan project in Sharjah. Spanning 10.5M sq. ft., it features woodlands, a lagoon, and top-tier amenities. Construction begins in 2024, with completion set for 2028.