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Web Release
12-05-2025
- Business
- Web Release
Dubai Real Estate Sets New Record with AED 62.1 Billion in April Sales
News Business and Economics By Editor_wr On May 12, 2025 Dubai's real estate sector reached a historic high in April 2025, recording AED 62.1 billion in total sales transactions—marking the highest monthly figure ever, according to data released by Property Finder in collaboration with the Dubai Land Department (DLD). This represents a 94% year-on-year increase in sales value and a 54% rise in transaction volume compared to April 2024. This exceptional growth was driven by robust activity across both primary (off-plan) and secondary (ready) markets, underscoring Dubai's strong investor appeal and the city's continued evolution as a global property investment hub. The primary market led the way, with AED 34.2 billion in sales—up 124% from April 2024. High-value transactions in future-focused, branded communities such as Palm Jebel Ali and The Oasis by Emaar played a significant role in this surge. Palm Jebel Ali accounted for 19% and The Oasis for 13% of the total transaction value, despite representing just 2% and 4% of the transaction volume respectively. This highlights growing investor demand for premium off-plan developments. The secondary market also posted record figures, reaching AED 28 billion in value across more than 7,700 transactions—rising 67% in value and 66% in volume compared to the same period last year. A standout transaction was the AED 1.45 billion land deal in DMCC-EZ2 for Sobha Central's upcoming project in Jebel Ali. Additionally, strong resale activity in communities such as Palm Jumeirah, Jumeirah Village Circle (JVC), and Dubai Marina further boosted the market. Apartments remained the most sought-after property type for both buyers and renters in April. They accounted for 78% of rental searches and 59% of purchase interest. Studio apartments comprised 21% of rental demand, yet attracted only 14% of buyer interest. This imbalance signals promising yield opportunities for investors, especially in smaller units where rental demand continues to outpace buying activity. Two-bedroom apartments proved highly desirable as well, making up 35% of buyer interest and 31% of rental demand. This trend reflects growing preferences for functional, mid-sized living spaces in Dubai's urban landscape. Commenting on the market performance, Cherif Sleiman, Chief Revenue Officer at Property Finder, said: 'Dubai's real estate market continues to scale new heights, propelled by bold city planning, regulatory innovation, and investor trust. The sustained growth across both primary and secondary segments is resounding proof of its resilience and long-term appeal.' He further added: 'The Dubai Land Department's introduction of AI-enabled governance for real estate advertising will enhance market transparency, a principle we strongly support. Combined with strategic partnerships signed at the International Property Show, we expect smarter regulation and higher service standards to further cement Dubai's global investment status.' Property Finder continues to empower users with data-driven tools through platforms like Data Guru, which offers real-time insights into top-performing communities and listings. The tool is available at and via the Property Finder mobile app on Google Play and Apple Store. Dubai Real Estate Sets New Record with AED 62.1 Billion in April Sales Comments are closed.
Economy ME
06-05-2025
- Business
- Economy ME
Dubai real estate sets new record: April sales transactions surge 94 percent to $16.91 billion
Dubai's real estate sector recorded AED62.1 billion ($16.91 billion) in total sales transactions last month, the highest ever monthly total for the emirate. This marks a 94 percent year-on-year surge in value compared to April 2024, and a 54 percent rise in transaction volume, according to Dubai Land Department (DLD) data. This record-breaking performance underscores the city's thriving real estate sector, with growth witnessed across both primary and secondary markets. 'Dubai's real estate market continues to scale new heights, propelled by bold city planning, regulatory innovation, and investor trust. The sustained growth across both primary and secondary segments is resounding proof of its resilience and long-term appeal,' stated Cherif Sleiman, chief revenue officer at Property Finder. Primary segment drives surge According to the latest report by Property Finder, the primary property segment led the charge on Dubai real estate, with sales touching AED34.2 billion in value, a 124 percent increase from April 2024. This was fuelled by marquee transactions in destinations like Palm Jebel Ali and The Oasis by Emaar. Palm Jebel Ali and The Oasis by Emaar accounted for 19 percent and 13 percent of the total value, respectively, despite representing less than 2 percent and 4 percent of the total transaction volume of primary transactions, highlighting investor appetite for future-forward, branded communities. Secondary segment posts record AED28 billion Meanwhile, the secondary segment performed equally as well, with a record AED28 billion in sales value across more than 7,700 transactions, up 67 percent in value and 66 percent in volume from April 2024. While a landmark AED1.45 billion land transaction in DMCC-EZ2 for the upcoming Sobha Central development in Jebel Ali stood out, strong resale activity in key communities such as Palm Jumeirah, JVC and Dubai Marina also contributed significantly to overall real estate transaction value. 'The Dubai Land Department's recent initiative of introducing AI-enabled governance of real estate advertising will enhance transparency and credibility in real estate advertisements across key marketing platforms, a focus that we have always aligned with. Further supported by the strategic partnerships signed by DLD at the International Property Show, we are witnessing greater transparency, smarter regulation, and higher service standards across the board. These far-sighted initiatives will contribute to Dubai's growing status as one of the world's most investor-friendly real estate markets,' added Sleiman. Apartments dominate home searches Property Finder also revealed that apartment living continued to be the preferred choice across both the buyer and renter categories, with apartments accounting for nearly 78 percent of rental searches and 59 percent of purchase interest in April 2025. Studio apartments comprised 21 percent of all rental searches on Property Finder, but just 14 percent of buyer interest. This gap signals strong yield opportunities for investors in smaller units, where rental demand appears stronger than buyer interest. Meanwhile, two-bedroom apartments attracted 35 percent of buyer searches and 31 percent of rental demand. Read: Sharjah real estate market hits $234.6 million in Q1 2025, up 159.2 percent year-over-year Dubai real estate transactions hit AED142.7 billion in Q1 In its quarterly report, Property Finder revealed that Dubai's real estate market continued to rank among the top-performing markets globally, with Q1 2025 witnessing a significant surge in total sales transactions. The transaction volume reached 45,474, marking a 22 percent year-on-year increase, while the total value rose by 30 percent, hitting AED142.7 billion. The market maintained its positive momentum, with Q1 performance exceeding the quarterly average transactions for both volume and value in 2024. Notably, the transaction value in Q1 2025 was 9 percent higher than the average quarterly value recorded in 2024, underscoring the market's ongoing strength and investor confidence. Notably, Dubai's off-plan market continued to deliver outstanding performance, recording its highest first-quarter performance in a decade, with off-plan sales accounting for 56 percent of total transaction volume. The number of off-plan transactions reached 25,440, up from 20,557 in Q1 2024, reflecting a 24 percent year-on-year increase, driven by strong long-term confidence among medium – and long-term investors. In terms of value, the off-plan segment also witnessed remarkable growth, with a 24 percent increase year-on-year, reaching AED55.2 billion compared to AED44.5 billion in Q1 2024. This represented 39 percent of the total transaction value in Q1 2025, highlighting the continued attractiveness of Dubai's future development pipeline.
Arabian Business
06-05-2025
- Business
- Arabian Business
Dubai real estate: Property market hits all-time high with nearly $17bn April transactions
Dubai's property market achieved its highest-ever monthly total in April 2025, with transactions reaching AED62.1 billion, according to data released by Property Finder. The figures represent a 94 per cent year-on-year increase in value and a 54 per cent rise in transaction volume compared to April 2024, highlighting the continued momentum in Dubai's real estate sector across both primary and secondary markets. 'Dubai's real estate market continues to scale new heights, propelled by bold city planning, regulatory innovation, and investor trust. The sustained growth across both primary and secondary segments is resounding proof of its resilience and long-term appeal,' Cherif Sleiman, Chief Revenue Officer at Property Finder said. Dubai property market soars The secondary property segment recorded AED28 billion in sales across more than 7,700 transactions, marking increases of 67 per cent in value and 66 per cent in volume from April 2024. A notable transaction included a AED1.45 billion land deal in DMCC-EZ2 for the upcoming Sobha Central development in Jebel Ali. Strong resale activity was also reported in Palm Jumeirah, JVC, and Dubai Marina, which contributed substantially to the overall transaction value. The primary property segment led the market performance with sales reaching AED34.2 billion, representing a 124 per cent increase from April 2024. This growth was driven by significant transactions in developments, including Palm Jebel Ali and The Oasis by Emaar. These two developments accounted for 19 per cent and 13 per cent of the total primary market value respectively, despite representing less than 2 per cent and 4 per cent of the total transaction volume, indicating investor interest in premium developments. Apartments continue to dominate home searches among both buyers and renters, accounting for 59 per cent of purchase searches and 78 per cent of rental searches in April 2025. Studio apartments represented 21 per cent of all rental searches but only 14 per cent of buyer interest, suggesting potential yield opportunities for investors in smaller units where rental demand exceeds buyer interest. Two-bedroom apartments proved popular with both segments, attracting 35 per cent of buyer searches and 31 per cent of rental interest. 'The Dubai Land Department's recent initiative of introducing AI-enabled governance of real estate advertising will enhance transparency and credibility in real estate advertisements across key marketing platforms, a focus that we have always aligned with. Further supported by the strategic partnerships signed by DLD at the International Property Show, we are witnessing greater transparency, smarter regulation, and higher service standards across the board. These far-sighted initiatives will contribute to Dubai's growing status as one of the world's most investor-friendly real estate markets,' Sleiman added.
Zawya
06-05-2025
- Business
- Zawya
Dubai sets new real estate records again
A record-breaking surge in the secondary market, alongside significant growth in the primary market, saw Dubai achieve the highest-ever monthly total in sales transactions, with a 94% year-on-year surge in value and a 54% rise in transaction volume. Dubai's secondary segment achieved a record AED28 billion in sales across over 7,700 transactions, up 67% in value and 66% in volume from April 2024. Primary sales further contributed to the charge, touching AED 34.2 billion in value, a 124% increase from April 2024. DUBAI, UNITED ARAB EMIRATES: Property Finder, the leading property portal in the MENA region, has released its market performance highlights for April 2025, highlighting unprecedented peaks in Dubai's real estate activity. Dubai Land Department (DLD) data reveals that this April, Dubai recorded AED 62.1 billion in total sales transactions, the highest ever monthly total for the emirate – a 94% year-on-year surge in value as compared to April 2024, and a 54% rise in transaction volume. This landmark performance underscores the city's thriving property sector, with growth witnessed across both primary (off-plan) and secondary (ready) markets. Key data highlights: Sales performance: The primary market shows no signs of slowing down The primary property segment led the charge on Dubai real estate, with sales touching AED 34.2 billion in value, a 124% increase from April 2024. This was fuelled by marquee transactions in destinations like Palm Jebel Ali and The Oasis by Emaar. Palm Jebel Ali and The Oasis by Emaar accounted for 19% and 13% of the total value, respectively, despite representing less than 2% and 4% of total transaction volume of primary transactions, highlighting investor appetite for future-forward, branded communities. Sales performance: Resale maintains strong and sustained growth The secondary segment performed equally notably, with a record AED28 billion in sales value across more than 7,700 transactions, up 67% in value and 66% in volume from April 2024. While a landmark AED 1.45 billion land transaction in DMCC-EZ2 for the upcoming Sobha Central development in Jebel Ali stood out, strong resale activity in key communities [1] such as Palm Jumeirah, JVC, and Dubai Marina also contributed significantly to overall transaction value. Consumer preferences: Apartments dominate home searches Apartment living continues to be the preferred choice across both buyer and renter categories; with apartments accounting for nearly 78% of rental searches and 59% of purchase interest in April 2025. Studio apartments comprised 21% of all rental searches on Property Finder, but just 14% of buyer interest. This gap signals strong yield opportunities for investors in smaller units, where rental demand appears stronger than buyer interest. Meanwhile, two-bedroom apartments attracted 35% of buyer searches and 31% of rental demand. Cherif Sleiman, Chief Revenue Officer at Property Finder, said, ' Dubai's real estate market continues to scale new heights, propelled by bold city planning, regulatory innovation, and investor trust. The sustained growth across both primary and secondary segments is resounding proof of its resilience and long-term appeal.' He adds, 'The Dubai Land Department's recent initiative of introducing AI-enabled governance of real estate advertising will enhance transparency and credibility in real estate advertisements across key marketing platforms, a focus that we have always aligned with. Further supported by the strategic partnerships signed by DLD at the International Property Show, we are witnessing greater transparency, smarter regulation, and higher service standards across the board. These far-sighted initiatives will contribute to Dubai's growing status as one of the world's most investor-friendly real estate markets. At Property Finder, we continue supporting this vision by empowering home seekers and investors with the data-led tools and insights they need to make confident, future-focused decisions.' All the latest information for top listings and communities is available on Data Guru by Property Finder that can be accessed at or on the Property Finder app, available for download on Google Play and Apple Store. About Property Finder Property Finder is a pioneering property portal in the Middle East and North Africa (MENA) region, dedicated to shaping an inclusive future for real estate while spearheading the region's growing tech ecosystem. At its core is a clear and powerful purpose: To change living for good in the region. Founded on the value of great ambitions, Property Finder connects millions of property seekers with thousands of real estate professionals every day. The platform offers a seamless and enriching experience, empowering both buyers and renters to make informed decisions. Since its inception in 2007, Property Finder has evolved into a trusted partner for developers, brokers, and home seekers. As a lighthouse tech company, it continues to create an environment where people can thrive and contribute meaningfully to the transformation of real estate in MENA. For more information, please contact: Gambit PR & Communications propertyfinder@
Arabian Business
18-04-2025
- Business
- Arabian Business
Dubai real estate: Property sales hit record $39bn in Q1 2025, says new Property Finder report
Dubai's property market achieved historic highs in the first quarter of 2025, with 45,474 transactions worth AED142.7 billion, marking a 22 per cent increase in volume and 30 per cent rise in value compared to the same period last year, according to Property Finder's Q1 Insights report. The ready property segment in Dubai recorded its strongest quarterly performance ever, with 20,034 transactions totalling AED87.5 billion – a 21 per cent increase in volume and 34 per cent rise in value year-on-year. Dubai property market soars Off-plan sales continued to drive the market, accounting for 56 per cent of all transactions in Dubai with 25,440 sales worth AED55.2 billion, representing a 24 per cent increase from Q1 2024. Meanwhile, Abu Dhabi's real estate market showed a shift toward high-value existing properties, with ready property transactions increasing 9 per cent in volume and 75 per cent in value compared to Q1 2024. The emirate registered approximately 2,496 total transactions worth AED9.6 billion. 'This year remains strong, particularly in Dubai where investor confidence in long-term capital appreciation remains high. Abu Dhabi's evolving buyer behaviour shows growing interest in quality, ready-to-move-in homes. From an international perspective, global policy shifts and the depreciation of the dollar are creating heightened interest in UAE real estate investment opportunities,' Cherif Sleiman, Chief Revenue Officer, Property Finder said in a statement. Sleiman noted that global policy shifts and dollar depreciation are creating heightened interest in UAE real estate investment opportunities. He highlighted initiatives such as the Dubai Real Estate Alliance and the partnership between Dubai Land Department (DLD) and Virtual Assets Regulatory Authority (VARA) as contributors to a 'smarter, more inclusive and investment-friendly property market.' The surge in the city's ready property transactions suggests a potential shift from renting to owning, as rising rental prices push residents to consider homeownership. In Abu Dhabi, residential transactions comprised 88 per cent of total existing market volume and 60 per cent of total value in Q1 2025.
