Dubai property sales hit Dhs46.2 billion in April

by Staff Reporter
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Dubai recorded 15,213 property sales in April 2025, reaching a total transaction value of Dhs 46.18 billion. This marks a 23.1% increase compared to March, reflecting continued momentum in the city’s property market, according to a Betterhomes report.

Off-plan sales made up 59% of total transactions, while secondary market activity grew to 41%, up from 38% the previous month. The average price per square foot rose by 2.05%, reaching Dhs 1,730.

Apartments lead demand

Apartments remained the most traded property type, with studios and one-bedroom units accounting for over two-thirds of transactions.

Villas and townhouses also saw strong activity, particularly in 4- and 5-bedroom layouts, indicating ongoing demand for larger homes and community living.

Top-performing areas for apartment sales included Motor City, Dubai Marina, and Dubai Land. For villas, Dubai Hills Estate, Al Furjan, and Jumeirah Golf Estates led the market.

Market sentiment positive

“April was another strong month for Dubai real estate. It’s encouraging to see interest coming from both investors and end-users. It’s not just about the big numbers; it’s about consistent demand across a wide range of communities and property types. Communities like Dubai Hills Estate and Motor City are seeing real traction, which tells us people aren’t just buying for investment. They’re buying to live, to grow, and to stay,” said Christopher Cina, Director of Sales at Betterhomes.

Rental activity stays firm

On the leasing side, Dubai recorded 29,423 rental transactions in April. Although this represents a 23% drop from March, tenant demand remained stable, with Betterhomes reporting a 1.2% increase in rental leads.

Apartments had an average annual rent of Dhs 140,000, with Dubai Marina, JLT, and Dubai Land leading in tenant interest. Villas averaged Dhs 296,000, with Tilal Al Ghaf, Dubai Hills Estate, and Jumeirah Village Triangle emerging as popular choices for families.

Townhouses averaged Dhs 226,800 per year, with Damac Hills 2 posting a 2.4% increase in rental prices, showing rising interest in newer planned communities.

tanvir@dubainewsweek.com

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