Dubai real estate sales surge 40 per cent in February
- Ferruh Bilgin
- Mar 25
- 2 min read
The most expensive property sold last month was a luxury villa in Hadaeq Sheikh Mohammed Bin Rashid, fetching Dh140 million.
Dubai's real estate market has kicked off 2025 with remarkable momentum, recording property sales worth Dh 51.1 billion in February—a 39.91 per cent increase compared to the same month last year.
According to a market update from fäm Properties, February saw a total of 16,099 transactions, marking a 35.5 per cent rise in volume from February 2024, making it one of the strongest months on record.
Data from DXBinteract reveals that villa sales soared to Dh18.8 billion, nearly doubling with a 99.7 per cent increase to 3,679 units compared to February 2024. Meanwhile, plot sales surged by 74.7 per cent to reach Dh9.6 billion across 608 transactions. Apartment sales also experienced a robust performance, totaling Dh 21.4 billion, an increase of 21.3 per cent with 11,364 units sold. Commercial property transactions amounted to Dh1.2 billion, up 40.1 per cent from the previous year, with the average price per square foot climbing 3.4 per cent to Dh1,551.
Firas Al Msaddi, CEO of fäm Properties, the latest data once again highlights the robust nature of Dubai's real estate market and the steady growth it has experienced over the past few years. He emphasised the city's status as a safe haven for real estate investment, bolstering investor confidence from local, regional, and international markets.
Over the past five years, Dubai's property sales in February have skyrocketed by 449 per cent in value, jumping from Dh9.3 billion in 2020 to Dh 51.1 billion in 2025. The most expensive property sold last month was a luxury villa in Hadaeq Sheikh Mohammed Bin Rashid, fetching Dh140 million, while a lavish apartment in The Rings - 1 at Jumeirah Second sold for Dh116 million.
New developments outpaced resales, with first sales accounting for 66 per cent of total transactions by volume and 62 per cent by value. Properties priced above Dh5 million made up 9 per cent of total sales, while the Dh 1-2 million bracket represented 31 per cent, and 25 per cent were below Dh 1 million.
Ray Verma, a luxury broker at Eden Realty UAE, noted that Dubai property prices have surged by 27 per cent year-on-year as of January 2025, with villas and apartments seeing increases of 31.2 per cent and substantial growth, respectively. This price escalation outpaces that of major cities like London, Paris, and Madrid.
The market’s dynamism is further underscored by recent transactions, with Dubai's real estate sector recording an impressive $4.9 billion in deals in the last week alone, reflecting strong investor interest in high-value properties.
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