Dubai’s real estate market continues its upward climb, recording AED 41 billion in property sales in February 2025—a 17% jump month-on-month across 14,929 transactions, according to Betterhomes. Average property prices soared to an all-time high of AED 1,505 per sq. ft., up 1.41% from January and more than double the historic low of AED 716 per sq. ft. Villa prices saw a sharp 60% month-on-month rise, reaching an average of AED 11.48 million, while apartment prices climbed 30% to AED 2.26 million.

Off-plan properties dominated, making up 59% of sales. One-bedroom apartments led the apartment segment at 43% of transactions, while four-bedroom villas were the top choice among villa buyers, accounting for 51% of villa sales. Developer Emaar led with AED 4.11 billion in sales, followed by Sobha Group (AED 1.44B), Damac (AED 0.82B), Omniyat (AED 0.78B), and Dubai Properties (AED 0.65B).

Christopher Cina, Sales Director at Betterhomes, noted that high rents are pushing more residents to transition from renting to owning, reflecting growing confidence in Dubai’s long-term prospects. Motor City, JVC, and Dubai Marina were the top-performing apartment areas, while Jumeirah Golf Estates, The Villa, and Meadows led villa sales. Buyer interest surged 25% from January, with 53% of buyers being end-users and 47% investors. Notably, 64% of all deals were financed through mortgages.