Dubai's residential sales up 22.4%, commercial deals rise 18.2% in Q1

The Dubai property market is on a solid growth track and is marching ahead bucking the global trends. Engel & Volkers Middle East, a leader in premium residential and commercial real estate services, has released its Q1 2025 market reports, confirming another standout quarter for Dubai's real estate sector.

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Residential property sales increased by 22.4% year-on-year, with a 99.6% increase in the total value sold, driven by strong investor sentiment, rising population figures, and a steady flow of global capital into the emirate. Commercial real estate sales increased by 18.28%, with a 99.5% increase in the total value of transactions.

Despite the usual seasonal dip from Q4, Dubai's residential market delivered broad-based growth. Off-plan sales were up 23.9% and secondary transactions rose 20.3%, with continued demand across both ends of the price spectrum.

Apartments remained the dominant property type, comprising 76% of all residential transactions. Jumeirah Village Circle retained its lead in both off-plan and resale apartment sales, supported by attractive pricing, strong rental yields, and proximity to major road networks. Secondary market momentum was also evident in Business Bay, Dubai Marina, and Downtown Dubai—key areas sought by investors and end-users alike for their connectivity, proximity to amenities and enduring rental demand.