Market archive: March 2025 data. Dubai entered 2025 after a record year for real estate transactions. Prices continued rising in March, but the figures need to be read carefully: a citywide index, a sales total and the value of a particular home answer different questions.
What the reports measured
Dubai Land Department reported AED 761 billion in real estate transactions for 2024, up 20% in value from 2023. That is a transaction-value measure, not a claim that every property gained 20%.
For March 2025, Property Monitor’s Dynamic Price Index reported an average of AED 1,534 per square foot, with prices up 1.88% over the month. Its report counted 15,223 sales, the highest March total in its records, even though sales were 5.7% lower than February.
A monthly fall and an annual record can therefore appear in the same report. The comparison period matters.
New launches and existing homes were trading differently
Property Monitor identified substantial price differences between new off-plan projects and existing homes in several communities. That makes a single area average a limited guide to an individual purchase.
When comparing Dubai Hills Estate with Dubai Creek Harbour, start with the home you actually want: its building, size, view and completion status. Then ask for comparable transactions from the same period.
For new launches, compare the full price alongside the payment schedule. A longer schedule can change when you need cash without making the property cheaper.
A price increase is not the same as your return
Resale proceeds depend on what you paid and spent, as well as what someone later agrees to pay. Renovations, financing and buying costs belong in that calculation. For a rental purchase, include service charges, maintenance and periods without a tenant.
This historical snapshot cannot establish today’s asking price or predict the next sale. Before making an offer, request recent comparable transactions. Our guide to checking property-price estimates explains how to assess the evidence behind a valuation.
