Dubai’s real estate market experienced a significant boost in April 2025, with off-plan property sales increasing by 47% compared to the same month the previous year. This surge contributed to a total transaction value of AED 46 billion for the month, marking a 77% year-on-year rise and a 23% increase from March.
Off-plan transactions were a major driver of this growth, accounting for 59% of all real estate deals in April. The volume of these transactions rose by 29% year-on-year, reflecting strong demand from both international investors and local buyers seeking new developments.
Lewis Allsopp, CEO of Allsopp & Allsopp, noted that the off-plan market presents significant opportunities for both investors and homeowners looking to diversify their portfolios. His firm reported a 99% increase in year-on-year sales transaction volume and a 143% rise in transaction value compared to April 2024.
The secondary market also showed robust performance, with average property prices increasing by 23% month-on-month. Total transaction value in this segment rose by 41%, and year-on-year, secondary sales grew by 111% in value and 68% in volume. Notably, villas and townhouses led the market in price growth, with average values rising by 34% month-on-month and transaction volumes more than doubling year-on-year. Apartments also saw a 32% year-on-year increase in average prices.(Economy Middle East)
Conversely, rental transactions experienced a downturn, with the Dubai Land Department reporting a 24% decrease in rental volume for April.
