Dubai realty market enjoys bumper month as February sales hit Dhs51.1b

Dubai's real estate market has continued its strong start to 2025, with property sales in February totalling Dhs51.1 billion, a 39.91% increase in value on the same month last year.

-  Inayat-ur-Rahman

A market update issued by fäm Properties reveals that last month's total of 16,099 transactions also represented a 35.58 increase in volume over February 2024, making it one of the best ever months on record.

Data from DXBinteract shows that villa sales totalling Dhs18.8 billion climbed dramatically by 99.7% to 3,679 compared with February last year, while plot sales worth Dhs9.6 billion also soared in volume by 74.7% to 608.

Apartment sales worth Dhs21.4 billion climbed 21.3% in volume to I1,364, while a total of 447 commercial property transactions amounting to Dhs1.2 billion represented a 40.1% increase in volume over February 2024. The average price per sq. ft was up by 3.4% to Dhs 1,551.

"The data once again highlights the robust nature of Dubai's real estate market and the steady growth it has experienced over the past few years," said Firas Al Msaddi, CEO of fäm Properties.

"This reinforces Dubai's position as a safe and reliable hub for real estate investment, further boosting investor trust and attracting attention from local, regional, and global markets." Dubai property sales for the month of February have now risen by 449% in value over the last five years-from Dhs9.3 billion (4,100 transactions) in 2020, Dhs7.3 billion (3,700) in 2021, Dhs15.4 billion (6,200) in 2022, Dhs27.1 billion (9,400) in 2023 and Dhs36.5 billion (11,900) last year.