Dubai to Add 73,000 New Homes in 2025 Amid AED 114.4B Q1 Sales

Dubai to Add 73,000 New Homes in 2025 Amid AED 114.4B Q1 Sales

Dubai’s real estate market maintained strong momentum in Q1 2025, recording 42,000 transactions worth AED 114.4 billion — a 23% increase year-on-year, despite a 10% decline from the previous quarter. Property prices rose to an average of AED 1,535 per sq ft, reflecting steady value growth across key areas. Off-plan sales dominated the market, contributing 70% of total transactions, as demand for future-ready developments remained high.

The luxury segment performed robustly with over 590 deals above AED 20 million, signaling sustained interest from high-net-worth investors. Jumeirah Village Circle (JVC) led completions with 4,330 newly delivered units, underscoring its popularity among residents and investors.

Rental yields remained competitive, averaging 7.3% for apartments and 5.0% for villas, with the highest returns seen in Dubai Investments Park and Industrial City. Looking ahead, over 73,000 new homes are scheduled for delivery in 2025 — a supply boost that will push the city’s total housing stock closer to 300,000 units by 2028, supporting Dubai’s long-term urban growth strategy.

Contact Chand Biz Real Estate today to secure your spot in the city’s booming property landscape!