Knight Frank – Dubai Residential Market Review, Q1 2025
Summary
The Dubai residential real estate market continues to grow, with an increase in housing prices.
City housing prices rose by 3.7% in the first quarter of 2025. Villas showed the highest growth, with a 3.9% increase in value over the quarter. There were 43,000 transactions recorded, totaling 114.7 billion AED. Off-plan sales dominate the market, accounting for 69% of all transactions. There is an increase in activity in the premium real estate segment, with more communities meeting premium-class criteria. In the first quarter of 2025, 111 transactions worth over 10 million USD were recorded.
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