THE REAL ESTATE TRANSACTIONS – FEBRUARY 2025
Dubai Real Estate Market Surges with AED 50.32 Billion in Weekly Transactions and Strong 2024 Growth
Dubai logged a total of 15,829 successful real estate transactions worth an impressive AED 50.32 billion, which were conducted during the week ending 28th February 2025, according to the latest figures released by the Dubai Land Department (DLD), reflecting sustained market momentum and investor confidence.
HIGHLIGHTS – FEBRUARY 2025
✓ Total Property Sale Transactions – 15,829
✓ Total Sales Value – AED 50.32 B
✓ Off-Plan Units – 8,936
✓ Ready Units 6,893
Dubai’s real estate market experienced significant growth in 2024, marked by a 19% surge in rental rates, a 20% rise in sales prices, and record-breaking transaction volumes fueled by economic expansion and a growing population. The hospitality sector flourished, welcoming 18.7 million overnight visitors and achieving a remarkable 78% hotel occupancy rate, while the office market recorded a 17% annual increase in rental prices, driven by strong corporate demand. As Dubai moves into 2025, the real estate sector is poised to maintain its upward momentum, supported by large-scale infrastructure developments, increased foreign direct investment, and sustainable urban initiatives. With continued government efforts to enhance investor confidence, the market is expected to attract even greater global interest in the coming months.
Dubai’s real estate market experienced significant growth in 2024, marked by a 19% surge in rental rates, a 20% rise in sales prices, and record-breaking transaction volumes fueled by economic expansion and a growing population. The hospitality sector flourished, welcoming 18.7 million overnight visitors and achieving a remarkable 78% hotel occupancy rate, while the office market recorded a 17% annual increase in rental prices, driven by strong corporate demand. As Dubai moves into 2025, the real estate sector is poised to maintain its upward momentum, supported by large-scale infrastructure developments, increased foreign direct investment, and sustainable urban initiatives. With continued government efforts to enhance investor confidence, the market is expected to attract even greater global interest in the coming months.
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