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Uncover the epitome of comfort and luxury as you embark on a journey to find your dream home. With our curated selection of properties, each designed to fulfill your desires and aspirations, your search ends here.

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Ongoing projects

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Market Highlights

At AED 1,565 per square foot, property prices increased by 1.97% month over month.

18,010 transactions were made, setting a new high for April.

Following an increase in villa launch activity, off-plan market share jumped to 70.5%.

With 995 high-value transactions, the AED 10M+ price tier reached its highest ever 5.9%.

Off-plan resales reached 33.5%, while the resale market dropped somewhat to 39.2%.

Large-scale registrations for important projects drove a 30.3% increase in mortgage activity.

Due to the dominance of single-family house launches, villa prices are still rising.

Demand for apartments under AED 1M surged due to mid-market offerings.

The Numbers

+1.97% MoM change

+5.43% QoQ change

+15.86% YoY change

AED 1,565 average price per sq.ft.

18,010 monthly transactions

AED 225 million highest recorded sale

AED 200,000 lowest recorded sale

Dynamic Price Index

DPI MONTHLY OVERVIEW

April was another excellent month for Dubai's residential market, with average home prices jumping 1.97% to AED 1,565 per square foot. Prices are currently 26.9% higher than the market peak from 2014, marking the 50th straight month of YoY growth. Sales volumes jumped to 18,010, up 18.3% from March, establishing a new April record and highlighting the city's ongoing appeal to all types of buyers.

After adjusting for registration type, off-plan sales still accounted for 70.5% of activity. This was aided by the introduction of new villas in Palm Jebel Ali and The Oasis, which also increased the percentage of the AED 10M+ price range to a record 5.9%. While off-plan resales continued to increase, resale activity decreased to 39.2%.

Strong institutional engagement was indicated by the 30.3% increase in mortgage volumes, which was driven by bulk and portfolio deals across key developments.

The emphasis now turns to product quality, timing, and reasonable pricing, all of which are critical for maintaining equilibrium as the cycle matures, with pricing gains close to the 2% threshold and new supply still being quickly absorbed.

MONTH MOM CHANGE QOQ CHANGE YOY CHANGE INDEX PRICE INDEX VALUE
apr 2025 1.97% 5.43% 15.86% 1565 218.52
march 2025 1.88% 2.73% 15.75% 1534 207.26
feb2025 1.41% 1.72% 16.31% 1505 210.18
jan 2025 -0.57% 0.79V 15.64% 1484 207.26
dec 2024 0.88% 3.12% 16.52% 1493 208.45
nov 2024 0.48% 3.39% 16.42% 1480 206.63

HISTORICAL TRANSACTIONS - completion status

HISTORICAL TRANSACTIONS - sales recurrence

Year 2025

Price
Price

In April, the AED 10M+ segment grew at the quickest rate, achieving a record 5.9% market share with 995 transactions, the most ever reported. This momentum was mostly driven by the introduction of villas in Palm Jebel Ali and The Oasis, where Address Villas Tierra and Palace Villas Ostra led the way with average prices far above AED 2,000 per square foot.

The AED 500K–750K and AED 750K–1M tiers were two more high-performing categories that collectively increased their market share by 1.6%. The high off-plan demand for mid- and upper-mid-range apartments in Azizi Riviera, Jumeirah Village Circle, and Dubai Production City—with prices ranging from AED 1,365 to AED 2,299 per square foot—was the driving force behind this.

The AED 3M–5M tier, on the other hand, fell 2.8% to 13.9%. This indicates that buyers are either moving up into higher-value villa sectors or down to faster-moving mid-market shares, rather than retreating.

Putting the entire spectrum into broad categories: the mid-tier of AED 1M–3M transactions continues to be the market's anchor at 48.5%, the sub-AED 1M sector increased to 27.2%, and high-end transactions over AED 3M now account for 24.3%. These trends indicate that investor appetites are steadily expanding across price points.

PRICE TIERS
MONTHLY COMPARISON

The AED 10M+ tier experienced a notable 2.8% monthly increase, setting a new record for both market share and transaction volume. April saw a number of significant changes in pricing divisions. This increase is indicative of growing investor trust in the market for upscale villas in Dubai.

The AED 3M–5M range also weakened by 2.8% at the same time, perhaps a temporary rebalancing as high-end consumers either shifted to ultra-luxury products or concentrated on recently introduced alternatives in nearby bands. The sub-AED 1M tiers, on the other hand, increased marginally, expanding by 1.6% overall, suggesting that rising communities continue to have a need for easily available off-plan stock.

These trends point to a two-speed market, with agile mid-market investors seeking value at one speed and premium renovations in villa-led zones at the other. As a result, buyer interest is shifting toward both extremes, with entry-level investments and lifestyle-driven purchases driving the most activity.

march 2025 apr 2025 MOM CHANGE
<500K 3.6 3% -0.6%
500K-750K 13.4 14.3% 0.9%
750K-1M 9.2 9.9% 0.7%
1m-1.5m 20.5 19.9% -0.6%
2m-3m 17.7 18.1% 0.4%
3m-5m 16.7 13.9% -2.8%
5m-10m 4.6 4.5% -0.1%
10m+ 3.1 5.9% 2.8%
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Location

UAE
UAE,

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Email address
info@theiconicpearl.com
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Phone number
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