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Khaleej Times
4 days ago
- Business
- Khaleej Times
Dubai real estate sales on the rise again as July delivers growth in value, volume
The Dubai real estate market continued along its upward path in July, producing the highest number of property transactions this year, and the second-best monthly sales performance on record in terms of value and volume. A market update issued by fäm Properties reveals that last month brought a total of 20,304 property sales - a 24.9 per cent year-on-year increase – worth a total of Dh65 billion, a 29.5 per cent leap in value on the same month last year. Apartment sales showed a 28.1 per cent year on year growth to 16,272 deals valued at Dh32.2 billion, while the biggest sector leap saw commercial property transactions rise by 57.8 per cent to 606 worth Dh1.5 billion. Villa sales of Dh19.3 billion were up by 6.4 per cent in volume to 2,988 compared with the same month last year, while plot sales rose by 22.3 per cent to 438 transactions worth Dh12 billion. The average price per sq. ft was up by 9.5 per cent to Dh1,649 compared with July last year. Data from DXBinteract shows Dubai property sales in July have now soared over the last five years - from Dh4.5 billion (2,300 transactions) in 2020 to Dh11.2 billion (4,400) in 2021, Dh21.3 billion (7,200) in 2022, Dh37.8 billion (11,200) in 2023 and Dh50.2 billion (16,300) in 2024. Firas Al Msaddi, CEO of fäm Properties, said: 'The level of activity last month once gain underlines the strength and maturity of Dubai's real estate sector. Dubai has shown it can sustain growth through different cycles, supported by clear regulation, strong investor sentiment, and a steady pipeline of new opportunities. July's figures are another clear signal that confidence in the market remains high, both locally and internationally.' The most expensive apartment sold during the month went for Dh174 million at Aman Residences Dubai, Tower 1 at Jumeirah Second. The top performing area in terms of overall value was Wadi Al Safa 3 with 1,210 property sales worth 6.011 billion. The top performing area in terms of volume was Al Barsha South which produced 1,846 transactions valued at Dh2.047 billion. With properties worth more than Dh5 million accounting for 13 per cent of total sales, 37 per cent came in the Dh1-2 million range, 25 per cent below Dh1 million, 14 per cent between Dh2-3 million and 11 per cent between Dh3-5 million. Overall, first sales from developers were significantly greater than those of resales - 71 per cent over 29 per cent in terms of volume, and 65 per cent against 35 per cent in overall value.
Arabian Business
4 days ago
- Business
- Arabian Business
Dubai real estate market hits second-best month on sales record with AED 65bn in July
Dubai's property market recorded its second-best month on record in July 2025, driven by strong investor sentiment and a surge in transaction volumes. According to recent data from fäm Properties, 20,304 property transactions worth AED 65 billion were completed in July, a 24.9 per cent year-on-year increase in volume and a 29.5 per cent jump in value compared with the same month in 2024. Apartment sales rose 28.1 per cent year-on-year to 16,272 deals worth AED 32.2 billion, while commercial property transactions climbed 57.8 per cent to 606 transactions worth AED 1.5 billion. Villa sales increased by 6.4 per cent in volume to 2,988 transactions, totalling AED 19.3 billion. Plot sales also grew 22.3 per cent to 438 deals worth AED 12 billion. The average price per square foot in July reached AED 1,649, up 9.5 per cent compared with July 2024. Data from DXBinteract highlights how July's market has expanded over the past five years: 2020: AED 4.5 billion (2,300 transactions) 2021: AED 11.2 billion (4,400 transactions) 2022: AED 21.3 billion (7,200 transactions) 2023: AED 37.8 billion (11,200 transactions) 2024: AED 50.2 billion (16,300 transactions) 'The level of activity last month once again underlines the strength and maturity of Dubai's real estate sector,' said Firas Al Msaddi, CEO of fäm Properties. 'Dubai has shown it can sustain growth through different cycles, supported by clear regulation, strong investor sentiment, and a steady pipeline of new opportunities. July's figures are another clear signal that confidence in the market remains high, both locally and internationally,' he added. The most expensive apartment sold in July was an AED 174 million unit at Aman Residences Dubai, Tower 1 in Jumeirah Second. Dubai's top-performing areas By value, the leading area was Wadi Al Safa 3 with 1,210 property sales worth AED 6.011 billion. Business Bay followed with AED 3.663 billion from 1,428 transactions. By volume, Al Barsha South Fourth topped the list with 1,846 transactions valued at AED 2.047 billion. High-value properties continue to play a significant role, with properties worth more than AED 5 million making up 13 per cent of total transactions. First sales from developers dominated the market, accounting for 71 per cent of transactions by volume and 65 per cent by value, compared with resales at 29 per cent and 35 per cent, respectively.
Mid East Info
4 days ago
- Business
- Mid East Info
Dubai real estate sales on the rise again as July delivers growth in value, volume - Middle East Business News and Information
20,304 transactions worth AED65 billion makes it second-best monthly performance on record Dubai, UAE, 4th August, 2025: The Dubai real estate market continued along its upward path in July, producing the highest number of property transactions this year, and the second-best monthly sales performance on record in terms of value and volume. A market update issued today by fäm Properties reveals that last month brought a total of 20,304 property sales – a 24.9% YoY increase – worth a total of AED65 billion, a 29.5% leap in value on the same month last year. Apartment sales showed a 28.1% YoY growth to 16,272 deals valued at AED32.2 billion, while the biggest sector leap saw commercial property transactions rise by 57.8% to 606 worth AED1.5 billion. Villa sales of AED19.3 billion were up by 6.4% in volume to 2,988 compared with the same month last year, while plot sales rose by 22.3% to 438 transactions worth AED12 billion. The average price per sq. ft was up by 9.5% to AED 1,649 compared with July last year. Data from DXBinteract shows Dubai property sales in July have bow soared over the last five years – from AED4.5 billion (2,300 transactions) in 2020 to AED11.2 billion (4,400) in 2021, AED21.3 billion (7,200) in 2022, AED37.8 billion (11,200) in 2023 and AED50.2 billion (16,300) in 2024. Firas Al Msaddi, CEO of fäm Properties, said: 'The level of activity last month once gain underlines the strength and maturity of Dubai's real estate sector.' 'Dubai has shown it can sustain growth through different cycles, supported by clear regulation, strong investor sentiment, and a steady pipeline of new opportunities. July's figures are another clear signal that confidence in the market remains high, both locally and internationally.' The most expensive apartment sold during the month went for AED 174 million at Aman Residences Dubai, Tower 1 at Jumeirah Second. The top performing area in terms of overall value was Wadi Al Safa 3 with 1,210 property sales worth 6.011 billion. The top performing area in terms of volume was Al Barsha South which produced 1,846 transactions valued at AED2.047 billion. With properties worth more than AED5 million accounting for 13% of total sales, 37% came in the AED1-2 million range, 25% below AED1 million, 14% between AED2-3 million and 11% between AED3-5 million. Overall, first sales from developers were significantly greater than those of resales – 71% over 29% in terms of volume, and 65% against 35% in overall value. TOP TEN PERFORMING AREAS – OVERALL VALUE Volume Value in AED Wadi Al Safa 3 1,210 6.011 billion Business Bay 1,428 3.663 billion Ras Al Khor 41 2.900 billion Dubai Investment Park 2nd 1,013 2.777 billion Dubai Marina 637 2.604 billion Bukadra 785 2.152 billion Al Barsha South Fourth 1,846 2.047 billion Hadaeq Sheikh Moh' 496 1.983 billion Palm Jumeirah 127 1.826 billion Al Wasl 150 1.816 billion TOP TEN PERFORMING AREAS – OVERALL VOLUME Volume Value in AED Al Barsha South Fourth 1,846 2.047 billion Business Bay 1,428 3.663 billion Wadi Al Safa 3 1,210 6.011 billion Dubai Investment Park Second 1,013 2.777 billion Bukadra 785 2.152 billion Wadi Al Safa 5 770 1.283 billion Madinat Al Mataar 724 1.464 billion Al Hebiah First 656 897.9 million Dubai Marina 637 2.604 billion Me'Aisem First 597 876.9 million Ends
Zawya
4 days ago
- Business
- Zawya
Dubai real estate sales on the rise again as July delivers growth in value, volume
Dubai, UAE: The Dubai real estate market continued along its upward path in July, producing the highest number of property transactions this year, and the second-best monthly sales performance on record in terms of value and volume. A market update issued today by fäm Properties reveals that last month brought a total of 20,304 property sales - a 24.9% YoY increase – worth a total of AED65 billion, a 29.5% leap in value on the same month last year. Apartment sales showed a 28.1% YoY growth to 16,272 deals valued at AED32.2 billion, while the biggest sector leap saw commercial property transactions rise by 57.8% to 606 worth AED1.5 billion. Villa sales of AED19.3 billion were up by 6.4% in volume to 2,988 compared with the same month last year, while plot sales rose by 22.3% to 438 transactions worth AED12 billion. The average price per sq. ft was up by 9.5% to AED 1,649 compared with July last year. Data from DXBinteract shows Dubai property sales in July have bow soared over the last five years - from AED4.5 billion (2,300 transactions) in 2020 to AED11.2 billion (4,400) in 2021, AED21.3 billion (7,200) in 2022, AED37.8 billion (11,200) in 2023 and AED50.2 billion (16,300) in 2024. Firas Al Msaddi, CEO of fäm Properties, said: 'The level of activity last month once gain underlines the strength and maturity of Dubai's real estate sector.' 'Dubai has shown it can sustain growth through different cycles, supported by clear regulation, strong investor sentiment, and a steady pipeline of new opportunities. July's figures are another clear signal that confidence in the market remains high, both locally and internationally.' The most expensive apartment sold during the month went for AED 174 million at Aman Residences Dubai, Tower 1 at Jumeirah Second. The top performing area in terms of overall value was Wadi Al Safa 3 with 1,210 property sales worth 6.011 billion. The top performing area in terms of volume was Al Barsha South which produced 1,846 transactions valued at AED2.047 billion. With properties worth more than AED5 million accounting for 13% of total sales, 37% came in the AED1-2 million range, 25% below AED1 million, 14% between AED2-3 million and 11% between AED3-5 million. Overall, first sales from developers were significantly greater than those of resales - 71% over 29% in terms of volume, and 65% against 35% in overall value.
Hi Dubai
14-07-2025
- Business
- Hi Dubai
Growing villa demand pushes Dubai residential sales to new heights in H1 2025
The Dubai real estate market saw villa sales leap by 65% in total value and 55% in volume over the first six months of 2025 compared to the same period last year. Growing investor and buyer interest in the villa sector was highlighted in H1 2025 as sales climbed from AED 71.6 billion in value to AED 118.5 billion over the first six months last year, built on transaction growth from 13,135 to 20,415. A market update issued by fäm Properties today shows that sales for villas and apartments combined rose by 38% in value, from AED 190.8 billion in H1 2024 to AED 262.7 billion in H1 2025. Transaction volumes grew by 22.96%, from 76,442 to 93,988 deals. Data from DXBinteract reveals that H1 apartment transactions were up 16% year-on-year, from 63,307 to 73,573. Sales value for apartments climbed 21% over the same period, from AED 119.2 billion to AED 144.2 billion. Villas recorded triple-digit growth in three months, including a 118% rise in January, 111.5% in February, and a 147% surge in April, when the total value of villa sales tripled year-on-year from AED 7.8 billion to AED 24 billion. April was also a big month for apartments, with transactions up by 42% from 9,656 in 2024 to 13,736 in 2025, while sales value grew by 48.47%, from AED 18.046 billion to AED 26.794 billion. Average monthly villa deals rose from 2,189 in H1 2024 to 3,402 this year, with average value up from AED 11.9 billion to AED 19.8 billion. Apartment deals grew from a monthly average of 10,551 to 12,262, while average monthly value was up from AED 19.9 billion to AED 24 billion. The surge in villa transactions across most months this year highlights a growing demand for larger, family-oriented homes, a trend we've seen strengthen in recent years, said Firas Al Msaddi, CEO of fäm Properties. At the same time, we're witnessing sustained interest in apartments, particularly among investors and younger buyers seeking long-term value and rental yield, and this level of activity underlines consistent investor confidence in Dubai. 2024 2025 Villas Apartments Villas Apartments January 1,635 9,283 3,558 9,944 February 1,852 9,369 3,917 11,370 March 2,403 10,564 2,739 11,661 April 1,379 9,656 3,407 13,736 May 2,827 13,961 3,809 14,013 June 3,039 10,474 2,985 12,849 Average 2,189 10,551 3,402 12,262 Total 13,135 63,307 20,415 73,573 2024 2025 Villas Apartments Villas Apartments January AED 9.507 AED 19.473 AED 16.102 AED 18.169 February AED 9.769 AED 17.367 AED 19.541 AED 21.468 March AED 12.457 AED 19.466 AED 14.193 AED 22.673 April AED 7.792 AED 18.046 AED 24.091 AED 26.794 May AED 13.780 AED 25.677 AED 25.079 AED 29.697 June AED 18.287 AED 19.216 AED19.539 AED 25.382 Average AED 11.932 AED 19.874 AED 19.757 AED 24.030 Total AED 71.592 AED 119.245 AED 118.545 AED 144.183 News Source: Total Communications
