Dubai's Property Market Surges with AED 48 Billion in Sales in April

Dubai’s real estate market recorded 13,977 property sales transactions worth AED 48 billion during April, according to data released in the past week. This reflects sustained demand across residential and commercial segments despite global economic uncertainties.

A market update by fäm Properties showed that transaction volumes increased by 3.5% compared to the previous month, while total sales value rose by 10.7%. This indicates continued momentum in both deal activity and pricing. The data suggests that the market has maintained stability, supported by consistent investor interest and end-user demand.

The commercial segment registered the highest growth during the month, with 561 transactions valued at AED 4 billion. This represented a year-on-year increase of 33.9% and a month-on-month rise of 36.2%, driven by demand for office and retail assets. Residential activity also remained robust, with apartment transactions increasing by 6.5% over the month to reach 11,377 deals worth AED 24.1 billion.

Land transactions recorded a sharper rise in activity, with plot sales increasing by 34.7% month-on-month to 237 transactions, generating AED 6.6 billion in value. The average property price reached AED 1,840 per sq ft, marking a 16.1% increase compared to the same period last year.

Data from DXBinteract indicated that primary market transactions continued to dominate overall activity, accounting for 10,563 deals valued at AED 35.8 billion. In comparison, secondary market transactions totaled 3,414 deals worth AED 12.2 billion, reflecting a continued preference for newly launched and off-plan developments.

According to Firas Al Msaddi, chief executive officer of fäm Properties, the market’s recent performance reflected underlying strength, supported by steady demand across both residential and commercial segments. He indicated that despite geopolitical uncertainties, Dubai continued to attract investment due to its regulatory framework and market transparency, with the dominance of primary sales suggesting long-term investor confidence in the development pipeline.

At a micro-market level, Dubai South emerged as the top-performing area for the second consecutive month, recording 1,171 transactions valued at AED 2.7 billion. Other high-performing locations included Jebel Ali First with 887 transactions worth AED 1.9 billion, Al Barsha South Fourth with 828 transactions valued at AED 1.0 billion, Wadi Al Safa 5 with 814 transactions worth AED 1.4 billion, and Dubai Islands with 732 transactions totaling AED 2.8 billion.

The luxury segment also recorded significant transactions during the month. The highest-value apartment sale was recorded at Aman Residences Tower 2 in Jumeirah Second, which transacted for AED 171 million. Additional high-value apartment deals included properties at Baccarat Residence Tower 1 in Downtown Dubai for AED 122 million and at Building C in Marsa Dubai for AED 118 million. The most expensive villa sale was recorded at Eden Hills, where a property transacted for AED 76 million.

In terms of price distribution, properties priced between AED 1 million and AED 2 million accounted for the largest share of transactions at 34.7%, followed by properties below AED 1 million at 23.3%. Units priced between AED 2 million and AED 3 million contributed 17.54%, while those in the AED 3 million to AED 5 million range accounted for 12.65%. Properties valued above AED 5 million represented 11.81% of total sales.

Project-level activity in the primary market was led by developments such as Creek Bay Tower B and Creek Haven Tower in the apartment segment, while Saih Shuaib 1 recorded the highest villa transaction volumes. In the secondary market, projects including Citywalk Building 18A and The Polo Residence A3 saw the highest resale apartment activity, while villa resales were led by developments in Damac Lagoons and Jumeirah Village Triangle.

The April data indicates continued depth in Dubai’s property market, with activity distributed across asset classes, price segments, and geographic locations.