Off-plan properties in Dubai achieved significant growth in the first quarter of 2025, according to data compiled by Better Homes.
According to the company’s data, the emirate witnessed a 35.5% increase in real estate transactions throughout the year. The sustained demand for off-plan properties is attributed to competitive prices, flexible payment plans, and strong capital growth potential.
Off-plan properties contributed significantly to this growth, with 24,920 transactions in the first quarter of 2025, a 24.5% increase compared to 20,006 transactions during the same period last year, according to Springfield analysis.
According to the data, Dubai’s real estate sector recorded a total transaction value of AED 114.08 billion in the first quarter, a 29.19% increase compared to the same period in 2024, with 42,269 transactions completed, a 23.11% increase year-on-year. Springfield said the sustained growth in Dubai’s real estate market reflects strategic alignment with the emirate’s long-term vision for economic diversification and urban development. It noted that the significant increase in off-plan and ready property transactions confirms investor confidence in Dubai’s robust regulatory framework and commitment to infrastructure excellence. Better Homes said in a statement: “Going into 2025, the off-plan property market remains a promising opportunity for investors seeking long-term gains in a dynamic and thriving real estate environment.”
Rental Growth
The ready real estate market witnessed significant gains, with transaction values rising from AED 43.9 billion in the first quarter of 2024 to AED 60.2 billion in the first quarter of 2025.
This upward trend was reflected in the rental market, with average rents per square foot increasing by 14%, from AED 71 to AED 81. It is worth noting that Dubai South and Al Furjan led this growth, recording increases of 26.37% and 21.56%, respectively.