Dubai’s property market had a record-breaking February 2025, with sales reaching $13.9 billion—nearly 40% higher than the same month last year, according to fäm Properties. The total number of transactions also jumped 35.5% year-over-year to 16,099, reflecting the city’s booming real estate sector. Villa sales saw the biggest increase, soaring 99.7% to $5.1 billion across 3,679 transactions.

Plot sales also surged by 74.7% to $2.6 billion, while apartment sales climbed 21.3% in volume, reaching $5.8 billion. Commercial property sales followed suit, increasing 40.1% to $327 million. The average price per square foot rose by 3.4% to $423.

The most expensive villa sold in February was a luxury property in Hadaeq Sheikh Mohammed Bin Rashid for $38.1 million, while the priciest apartment, located in The Rings – 1 at Jumeirah Second, fetched $31.5 million. First sales from developers dominated the market, accounting for 66% of transactions by volume and 62% by value.

Properties priced over $1.36 million made up 9% of sales, while the majority fell between $272,200 and $816,600. With Dubai property values surging 449% in just five years, the market remains a magnet for local and global investors, reinforcing the city’s reputation as a prime real estate hub.