Dubai Real Estate Hits $32 Billion in Q1 2025: JVC Leads Apartment Sales Surge

Monday, 26 May 2025

Dubai’s Q1 2025 real estate results underline its global status as a magnet for both local end-users and international investors. While affordability drives demand in areas like JVC and Town Square, the city’s prestige projects continue to attract ultra-high-net-worth individuals from around the world.

With steady momentum across both apartments and villas, the emirate is well on track to sustain this upward trajectory into the second quarter of 2025.

Key Highlights:

AED 114.1 billion ($32 billion) in total Dubai real estate transactions in Q1 2025
Over 42,000 transactions recorded between January and March
25,000+ off-plan sales worth AED 53.9 billion
17,500+ resale deals worth AED 60.2 billion
March 2025 was the strongest month with 8,766 off-plan deals
Jumeirah Village Circle (JVC) led apartment sales with 2,200+ units sold in March
Apartments priced between AED 1M – 1.5M were most in demand
The Valley and Villanova led villa and townhouse off-plan sales
Ultra-luxury transactions included AED 115M villa on Palm Jumeirah and AED 116M apartment on Dubai Water Canal

Market Overview:

Dubai’s property sector continues its strong performance into 2025, registering over 42,000 real estate transactions worth AED 114.1 billion in Q1 alone, according to Whitewill’s latest market report. The boom is fueled by high demand across both off-plan and secondary markets, with investors targeting prime locations for their returns and lifestyle appeal.

“Dubai’s infrastructure, investor-friendly environment, and global appeal are keeping demand high,” said Olga Pankina, COO of Whitewill Dubai.

Off-Plan Segment Highlights:

Off-plan sales made up 25,000 transactions, totaling AED 53.9 billion.
March was the quarter’s peak month for off-plan activity.
JVC emerged as the top-performing district, with 903 apartment deals in March alone.
Business Bay and Dubai Residence Complex also performed strongly.
Most popular apartment price range: AED 1M–1.5M, followed by AED 500K–1M.
High-end units priced above AED 5M accounted for less than 3% of transactions.

Villa & Townhouse Market Trends:

3,200+ off-plan villas and townhouses were sold during Q1.
The Valley and Villanova led off-plan villa deals, especially in February and March.
Units priced between AED 3M–5M with four bedrooms were most sought-after.
In the resale market, DAMAC Islands, DAMAC Hills 2, and The Valley saw robust sales.

Resale Market Insights:

JVC, Business Bay, and Dubai Marina topped the resale apartment market.
Popular configurations included 1- and 2-bedroom apartments in the AED 500K–1.5M range.
Villas in the resale market saw consistent demand for 3- to 4-bedroom family homes.
DAMAC Islands led villa resale transactions every month of the quarter.
High-end villa deals included a record-breaking AED 115M sale on Palm Jumeirah.

Luxury & Prestige Market:

Dubai’s luxury segment continues to make headlines:

AED 116M apartment sold on Dubai Water Canal in February.
Prestige buyers focus on Palm Jumeirah, Dubai Harbour, and World Islands, where prices per square foot are among the highest.
Mid-market communities such as Town Square and Al Furjan remain popular with budget-conscious buyers.