Dubai’s real estate market surpasses AED 114bln in Q1 2025

Dubai – Dubai’s real estate market has exhibited substantial growth in the first quarter of 2025, according to the latest analysis by Springfield Properties. The sector recorded a total transaction value of AED 114.08 billion, marking a 29.19% increase compared to the same period in 2024, with 42,269 transactions completed – a 23.11% rise year-on-year.

Off-plan properties have been a significant contributor to this growth, with 24,920 transactions in Q1 2025, up from 20,006 during the same period last year. The ready market also saw notable gains, with transaction values increasing from AED 43.9 billion in Q1 2024 to AED 60.2 billion in Q1 2025.