Dubai’s real estate market continued its strong performance in 2025, with total property sales in February reaching AED 51.1 billion, up 39.91% in value from the same month last year.
A market update released on Tuesday by FAM Properties revealed that the total transactions in the month, at 16,099, also represented a 35.5% increase in volume compared to February 2024, making it one of the best months ever.
DXBinteract data showed that villa sales, which totalled AED 18.8 billion, surged by a massive 99.7% to 3,679 compared to February last year, while land sales, worth AED 9.6 billion, also rose by 74.7% in volume to 608 plots. Apartment sales, worth AED 21.4 billion, also increased in volume by 21.3% to 11,364, while commercial property transactions totalled 447 transactions worth AED 1.2 billion, a 40.1% increase in volume from February 2024, and the average price per square foot rose by 3.4% to AED 1,551.
Dubai property sales in February increased by 449% in value over the past five years, from AED 9.3 billion (4,100 transactions) in 2020, AED 7.3 billion (3,700) in 2021, AED 15.4 billion (6,200) in 2022, AED 27.1 billion (9,400) in 2023, and AED 36.5 billion (11,900) last year. The most expensive single property sold in February was a luxury villa in Sheikh Mohammed Bin Rashid Gardens for Dh140 million, while the most expensive apartment sold during the month was Dh116 million at The Rings – 1 in Jumeirah 2.
Overall, first-hand sales from developers were significantly larger than resales, at 66% versus 34% in volume and 62% versus 38% in total value.
Properties worth over Dh5 million accounted for 9% of total sales, with properties in the Dh1-2 million range accounting for 31%, with less than Dh1 million accounting for 25%, between Dh2-3 million and Dh3-5 million accounting for 19% and 15% respectively.