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March 2025: Dubai Real Estate Market Continues to Grow

According to a report by the analytics firm ValuStrat, in March 2025, Dubai’s residential real estate market showed steady growth across all key indicators. The ValuStrat Price Index (VPI) reached 210.8 points, reflecting a 1.6% monthly increase and 25.9% year-on-year growth.

Villas

The villa price index reached 275 points.
Annual growth: 30.3%, monthly growth: 2%.
Villas in Jumeirah Islands, Palm Jumeirah, and Emirates Hills saw increases of up to 42% year-on-year.
The lowest growth was in Mudon (+9.3%), where prices have remained stable for seven consecutive months.
Average price: AED 2,590 per sqm, average villa price: AED 12.2 million.

Apartments

Apartment index: 169 points (+1.2% monthly, +21.4% annually).
Top-performing areas: The Greens, Dubailand Residence Complex, Palm Jumeirah.
Modest growth observed in: International City and Burj Khalifa.
Average price: AED 1,343 per sqm, average apartment price: AED 1.79 million.

Locations with the Most Transactions

Ready properties:

  • Jumeirah Village Circle (9.6%)

  • Dubai Marina (6.2%)

  • Business Bay (6%)

  • Downtown Dubai (4.7%)

  • International City (3.9%)

Off-plan (under construction):

  • Jumeirah Village Circle (9.2%)

  • Business Bay (7.4%)

  • Damac Island City (5.7%)

  • Dubai Production City (5.3%)

  • Dubai Maritime City (4.8%)

Dubai Production City and Uptown Motor City set records for the number of transactions.

Luxury Segment

In March, 23 deals were recorded for completed properties priced above AED 30 million.
Main locations: Dubai Hills Estate, Palm Jumeirah, Emirates Hills, Jumeirah Bay Island.

Construction Trends

Off-plan properties accounted for nearly 70% of total sales volume.
Despite overall growth, the number of signed Oqood contracts was 7.4% lower compared to February, but 19.3% higher than in March 2024.

Leading Developers

Emaar — 15.2% of all sales.
Damac, Binghatti, Nakheel, Sobha, Danube — also among the top performers.

Apartment prices in Dubai are 67% higher than during the post-pandemic period and 8% higher than the previous market peak.

ValuStrat Price Index (VPI) — based on analysis covering over 90% of Dubai’s residential and commercial property market.


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