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Dubai Sets New Real Estate Record with Dh62.4 Billion in April Sales

Dubai’s property market hit an all-time high in April, recording property sales worth Dh62.4 billion — a staggering 95.3% increase in value compared to the same month last year, according to a market report Khaleej Times.

The report revealed a total of 17,979 real estate transactions in April, marking a 55.4% jump in activity year-on-year. This made it the third-best month ever in terms of sales volume, underscoring the city’s robust and accelerating real estate growth.

April’s figures surpassed the previous monthly record of Dh61.1 billion set in October 2024 and followed a strong first quarter that totaled Dh142.7 billion in sales the second-highest quarterly figure in Dubai’s real estate history.

Data from DXB interact showed notable growth across all sectors, with villa sales seeing the largest increase. A total of 3,223 villas changed hands in April up 134% from the previous year with a combined value of Dh23.7 billion.

The primary market dominated overall sales, accounting for Dh34.2 billion — a 124% surge from April 2024, largely driven by high-profile developments such as Palm Jebel Ali and The Oasis by Emaar. Despite making up just a small portion of the total transaction volume, these two projects contributed 19% and 13% respectively to the month’s overall transaction value, reflecting strong investor demand for branded, future-oriented communities.

The secondary market also showed solid performance, with over 7,700 transactions generating Dh28 billion in sales, representing a 67% increase in value and 66% in volume compared to April last year.

Plot sales saw dramatic growth, reaching Dh10.9 billion from 599 transactions — a 126% increase in volume. Apartment sales totaled Dh26.7 billion across 13,737 units, rising 42.3% year-on-year. Meanwhile, commercial properties recorded 419 transactions worth Dh1.1 billion — a 54% increase in volume. The average price per square foot rose slightly to Dh1,583, up 2.3%.

Over the past five years, Dubai’s April sales figures have surged more than 1,600%, from Dh3.6 billion in 2020 to this year’s record-breaking total. The number of monthly transactions rose from 1,700 in April 2020 to nearly 18,000 in April 2025.

The most expensive property sold in April was a luxury villa on Palm Jumeirah that fetched Dh180 million. The priciest apartment transaction was a Dh156 million unit at Bulgari Lighthouse Dubai on Island 2.

In terms of pricing brackets, properties above Dh5 million made up 11% of April’s total sales. Around 31% of transactions fell in the Dh1–2 million range, 27% were for homes under Dh1 million, 18% between Dh2–3 million, and 14% ranged from Dh3–5 million.

The report also noted that sales of new properties from developers far outpaced resales, comprising 67% of April’s total transaction volume and value.

Source : Khaleej Times