Real Estate

Dubai Real Estate Outlook for 2025 Remains Strong Amid Golden Visa Surge and Global Investor Confidence

Analysts at property firm Savills say Dubai’s real estate sector is on a roll this year with a 23 percent year-on-year increase in transactions during Q1. The trend indicates increased investor confidence, facilitated by Dubai’s lucrative Golden Visa program, tax-friendly environment and the high-quality lifestyle offered.

Sales off-plan accounted for the highest proportion of transactions (69%). We saw over 30 thousand new units, most of which were apartments, unveiled during the first quarter, more than twice the number reported in Q1 2024. Apartments pre-displayed overall sales at 76%, which increased the villa and townhouse sale to 24%, up from 18% during the last quarter.

Major areas such as Jumeirah Village Circle (JVC), Dubailand, Damac Hills 2, The Valley, and Damac Lagoons took up more than half of the quarter’s transactions and new launches. Due to the lack of land in central Dubai, developers are moving out into cheaper, outside areas.

The prime residential market continues to attract the world’s high-net-worth individuals (HNWIs), owing to Dubai stability and business-friendly policies. 1,355+ vessels of luxury meant for prices of over AED 10 million ($2.72 million) sold in Q1: That’s up 31% year-on-year. Villas held market share in this segment at 73% and recorded 52% annual increase.

“Demand in Dubai’s luxury sector continues to strengthen” said Andrew Cummings, Head of Residential Agency. Uncertainty on the global scale is pushing the world’s rich into Dubai, particularly for spacious villas, with privacy.

Experts say, with such supply pipeline, there should be balanced approach. Nonetheless, the outlook for 2025 is, nonetheless, positive because the appeal of Dubai continues to draw global residents and investors that search for long-term value, safety, and opportunities.

 

Victoria Dickinson

Victoria Dickinson is a seasoned journalist at Dubai.News, specializing in real estate and business news. With over a decade of experience in the industry, Victoria has a keen eye for market trends and an in-depth understanding of the economic factors influencing the real estate sector. Based in Dubai, she provides insightful analysis and comprehensive coverage of the region's dynamic property market, from luxury developments to emerging business hubs. Victoria's background in economics and finance, coupled with her passion for storytelling, allows her to deliver news that is both informative and engaging. Her articles not only inform but also help readers make well-informed decisions in the competitive real estate landscape. Outside of her professional work, Victoria enjoys exploring Dubai’s diverse neighborhoods and attending industry events to stay ahead of the latest developments.

Recent Posts

AURA Skypool Welcomes Families for the First Time with Night Swims for Kids

AURA Skypool is the world celebrated sky pool in Dubai that has finally opened its…

1 day ago

UAE Flights Delayed and Cancelled Amid Regional Airspace Closures

Air service in the UAE has been badly affected after regional airspace were closed due…

1 day ago

Taste the World in Dubai: Global Cuisines Without the Passport

The multicultural restaurants in Dubai provide a global foodie passport that does not require flights…

2 days ago

Dubai Metro’s Burj Khalifa-Dubai Mall Station to Expand for 220,000 Daily Passengers

The Roads and Transport Authority in Dubai (RTA) have recently revealed a significant enlargement plan…

2 days ago

Dubai to Launch 637 Eco-Friendly Buses to Boost Green Public Transport

The Road and Transport Authority (RTA) of Dubai has announced that they will make fleet…

3 days ago

Indoor Adventures in Dubai: Top Family Activities for the School Holidays

School holidays in Dubai are nearing, and temperatures are rising, so it is best that…

3 days ago