Resale Surges Ahead, First-Time Buyer Incentives Boost Demand
Dubai’s property market continued its strong momentum into Q2 2025, posting record-breaking figures across sales volume and transaction value. A total of 49,606 transactions were recorded this quarter, up 82% from the same period in 2023, with the total value soaring to over AED147.6 billion. The average sale price climbed to AED2.98 million, reflecting a 15.3% increase over two years, while price per square foot reached AED1,823.
One of the most striking developments this quarter is the growing value proposition in the resale (secondary) market, which has emerged as more cost-effective than off-plan options—both in total pricing and on a per-square-foot basis. This trend is attracting end-users and savvy investors looking for immediate value and stable rental yields.
In a bid to make homeownership more accessible, Dubai also rolled out new incentives for first-time buyers, including reduced registration fees and easier financing. This is expected to fuel demand in the affordable and mid-tier segments throughout the second half of the year.
From apartment-heavy sales in JVC and Business Bay to a strong showing in villa communities like Damac Lagoons and Palm Jebel Ali, Q2 2025 reflects a market that’s maturing in both depth and diversity. Whether buying off-plan or ready, the data reveals clear shifts in buyer preferences and long-term confidence in Dubai’s real estate sector.
Residential Off Plan and Secondary
All prices should not be considered definitive indicators of the market, as this report reflects the average values in Dubai. The pricing for off-plan properties is contingent upon the projects that have been registered, which typically occurs approximately 90 days after the reservation, rather than at the time of launch.
Total Sales Transactions – Total Value – Average Sale – Price per sq ft
Q2 – 2023 – 27,204 – AED 70,220,287,282 – AED 2,581,249– AED1,617
Q2 – 2024 – 40,510 – AED 103,903,809,666 – AED 2,564,893 – AED1,710
Q2 – 2025 – 49,606 – AED147,621,420,011 – AED 2,975,878 – AED1,823
The average sale price has increased from 2023 – 2025, in the same period, by 15.3%, and the number of transactions has increased in the same period by 82%.
Total Secondary Transactions Apartments –
(ready properties (not from Developer/resale)
16,925 apartments were sold with an average price of AED1,857,462 at an average price per sq ft AED1,689 on an average sq ft of 1,012, with one-bedroom apartments taking a 34.9% major share of the market. 16.8% of transactions priced between AED1,000,000-AED1,500,000.
Share of transactions by Area:
JVC 9.9% – Business Bay 6% – Dubai Marina 4.3% – Downtown 3.7% – MBRC 3.5%
Townhouses
2,454 resale transactions were townhouses with an average price of AED3,279,153, the average price per sq ft AED1,341 with 3 and 4 -bedroom townhouses taking a equal share of 40% share of sales, 41% of sales were between AED3,000,000-AED5,000,000.
Share of transactions by Area:
Damac Lagoons – 14.2% – Damac Hills 2 – 9.5% – Emirates Living 6.7%, Villanova 5.1%
Villas
1,121 transactions were villas with an average price of AED12,181,138. 4 bedroom villas took the majority of sales, 36.4% with a average price of AED2,223 psqft. 92.6% of transactions were AED3,200,000+.
Jumeirah Golf Estates – 6.1%, Mohammed Bin Rashid City – 5.9%, Al Furjan 5.5%, Dubai Hills Estate 5%
Off-Plan Market (Initial Sales/Registrations by Developer)
It is important to note it is hard to judge the off-plan sales, as we only see visibility once the properties have been registered with Oqood which could be up to 2 months after the actual sale. This may throw off some of the figures but by reporting a quarter review we should see the data more accurate than a monthly report. For example: Creek Waters in Creek Habour launched 31st March and registrations are showing 26th June 2023.
32,472 total off plan registrations compared to 16,904 re sale registrations.
26,252 registrations were apartments, with an average price of AED2,114,848 and an average price per sq ft of AED1,987 an average sq ft built-up area of 940 sq ft.
43.5% of apartments were 1 bedroom apartments, 24.4% of were 2-bedroom apartments. 29.2% of properties registered were in the AED1-1.500,000 bracket.
Jumeirah Village Circle 11.9%, Business Bay 6.4%, Dubai Production City 5%.
Townhouses
3,716 townhouses were registered, with an average price of AED3,058,842 with an average of 2,578sq ft built up area, 4 bedroom townhouse sales were 59.1% share and 3 bedrooms with a 11% share. 45.7% of sales were between AED2,000,000 and AED3,000,000.
Damac Islands 51.6%, The Valley 10.6% – Damac Hills 2 – 9.6% – Emaar South 7.1%
Villas
2,504 transactions were villas with an average price of AED13,230,091, 6,466 sq ft average built-up area, 38.4% were 4 bedroom villas, 33.8% for 5 bedroom and 10.4% 3 bedroom. 98.1% of villas were sold above AED3,200,000.
Grand Polo 30.3% – The Oasis 29.1% – Palm Jebal Ali 8.4% – The Acres 7.1% – Damac Islands 5.6%
Supply Increase
In line with the 2040 vision of increasing population, green spaces and sustainability across the region developers have been launching some unprecedented projects this year with amazing facilities, lifestyle, and end-user mindset at the forefront.
2025 – 81,084 properties are expected to be handed over, 2,121 are still under the status of launch and a further 22,426 units are 20% or under in completion status so are unlikely to complete by the end of the year.
This will contribute to a stabilization of supply, which is a positive indicator for the market through the end of the year. The majority of the supply is located in JVC, an area that is heavily supplied but also experiences strong demand, helping to sustain that demand.
The supply which is expected to be handed over by year against demand:
JVC – 7,652 apartments – Demand slightly more supply than demand 3% lower leads than listings, but the largest search trend keyword is brand new, ready to move and vacant giving the new supply the most demanded.
Al Furjan – 696 apartments – 246 villas, 440 townhouses – Over all the area received more leads to the % of listings online, for apartments, most buildings received more leads than availability by double. There is 40% more inquiries than properties for the villa/townhouse sector, with brand new being a top key word along with, pool, vastu, standlone.
Arabian Ranches 3 – 859 villa and townhouses – Current demand aligns closely with supply levels, meaning that the new supply will either attract additional buyers alongside those already interested, or we may encounter a slight oversupply, which could help properties maintain their market prices.
The Valley – 638 – Townhouses – The Valley has seen some of the highest returns on equity in affordble housing that any other project. Demand remains equal to the supply currently on the market, with brand new, corner, pool, single row being the most searched for units,
Damac Lagoons – 5,637 villa/townhouses, as this is a new project demand is not available,
Emaar Beachfront – 824 apartments – Demand 2025 to date, 20% more searches than listings, 15% more leads than listings.
Business Bay – 5,312 apartments, currently the community is stable with equal amount of supply than demand, highest ranking searches are for burj khalifa view, ready to move, brand new and canal view.
2026 – 96,500 properties are expected, 82,732 apartments mainly in Arjan, Business Bay, City Walk, Dubai Creek Harbour – Damac Lagoons and Dubai Hills will have the majority share of villas handing over. Villa communties will be Damac Hills 2, Damac Lagoons , Arabian Ranches 3.
2027 – 84,979 properties are expected, 16,000+ villas and townhouses in Damac Lagoons, Damac Hills 2, Nad Al Sheba and The Valley.
2028 – 45,480 properties are expected, in Dubai Harbour (Beachfront), Maritime City, and Al Sufouh, Damac Lagoons, Dubai Hills Estate.
Demand Q1 – 2025
Apartments
According to datafinder.com, Dubai Marina has been the most searched area with a 9.8% share of searches, JVC 9.1%, Downtown Dubai 8.5%, Business Bay 7.6%, and Palm 4.6%.
The most searched keywords for apartments, in order, are – Ready to Move, Installment, Freehold, Distress, Brand New, High Floor.
Townhouses/Villas
Dubai Hills Estate 6.6% share of searches, Dubai Land 5.7%, Palm Jumeirah 5.1%, Al Furjan 5%, Akoya 4.5%
The most searched keywords for townhouses and villas, in order, are – pool, corner, single row, upgraded, brand new, distress, vacant.
data compiled by Laura Adams using propertymonitor and datafinder