Dubai real estate market sets new monthly sales record of Dh 62.4 bln in April

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Dubai real estate market sets new monthly sales record of Dh 62.4 bln in April

Dubai’s thriving real estate market set a new all-time monthly sales record of Dh. 62.4 billion in April, a 95.3 per cent increase in value on the same month last year.

A market update issued today by fäm Properties reveals that last month’s total of 17,979 transactions also represented a 55.4 per cent increase over April 2024, making it the third best-selling month on record in terms of volume.

It underlines the buoyant nature of the Dubai property sector, with April eclipsing the previous monthly sales peak of Dh. 61.1 billion in October last year, following on from the second highest ever quarterly total of Dh.142.7 billion in Q1 2025.

Data from DXBinteract shows major increases in the number of transactions across all real estate sectors for April compared with last year, topped by 3,223 villa sales -- a 134 per cent rise in volume -- worth Dh.23.7 billion.

Plot sales worth Dh.10.9 billion climbed by 126 per cent in volume to 599, followed by apartment sales of AED26.7 billion rising by 42.3 per cent to 13,737. A total of 419 commercial property transactions amounting to Dh.1.1 billion represented a 54 per cent increase in volume over April 2024, while the average price per sq. ft was up by 2.3 per cent to Dh. 1,583.

"Once again, the data underscores the strength of Dubai's real estate market and the consistent growth it has shown in recent years," said Firas Al Msaddi, CEO of fäm Properties.

"It reaffirms Dubai’s reputation as a secure, dependable destination for real estate investment, strengthening investor confidence and drawing increased interest from local, regional, and international markets."

Dubai property sales for the month of April have now soared by 1,633 per cent in value over the last five years – from AED3.6 billion (1,700 transactions) in 2020, AED10.9 billion (4,800) in 2021, Dh.17.5 billion (6,900) in 2022, Dh.26.3 billion (8,000) in 2023 and Dh.32 billion (11,600) in 2024 and last month’s new high.

The most expensive individual property sold in April was a luxury villa at Palm Jumeirah which fetched Dh.180 million. The most expensive apartment sold during the month went for Dh.156 million at Bulgari Lighthouse Dubai at Island 2.

With properties worth more than Dh. 5 million accounting for 11 per cent of total sales, 31 per cent came in the Dh.1-2 million range, 27 per cent below Dh.1 million, 18 per cent between Dh. 2-3 million and 14 per cent between Dh. 3-5 million.

Overall, first sales from developers were significantly greater than those of resales – 67 per cent over 33 per cent both in terms of volume and overall value.

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