Engel & Völkers Middle East has released its Q1 2025 report, revealing a robust performance in Dubai’s real estate sector. Residential sales surged by 22.4% year-on-year, while the total value of transactions jumped 29.6%, reflecting strong investor confidence and steady population growth.
Commercial real estate also saw solid momentum, with an 18.2% increase in sales and a 29.5% rise in transaction value. Office sales rose 40%, with Business Bay and JLT leading activity, and retail transactions up 6% in key mixed-use areas.
Apartments made up 76% of residential sales, led by strong activity in Jumeirah Village Circle, Dubai Marina, and Downtown Dubai. The villa segment saw a significant 80.6% increase in transactions, especially in communities like The Valley and Emaar South.
In the ultra-luxury segment, sales over AED 10 million rose by 29% compared to Q1 2024, with Palm Jumeirah and Palm Jebel Ali accounting for nearly a third of those transactions. Major deals included a AED 425 million sale in Emirates Hills.
Dubai’s rental market also expanded, supported by over 51,000 new residents in Q1. Luxury rentals saw notable price growth in areas such as Dubai Hills Estate and Arabian Ranches.
CEO Daniel Hadi noted, “Despite global uncertainty, Dubai’s real estate continues to perform across all sectors, attracting global capital and offering long-term value.”
Infrastructure projects like the Dubai Loop and the Mall of the Emirates redevelopment signal continued confidence in the city’s growth, solidifying its status as a global real estate powerhouse for the remainder of 2025.
