ValuStrat, a global multi-sector consulting firm, revealed key highlights of Dubai's real estate market performance during the first quarter of 2025 in a detailed report covering the residential, commercial, and hospitality sectors.
The report highlighted the continued strong momentum and remarkable growth across various real estate sectors in the emirate.
Haider Taaima, Managing Director and Head of Real Estate Research at ValuStrat, explained that demand for housing has reached unprecedented levels, with Dubai's population set to reach 3.92 million by the end of March 2025, an increase of 89,695 people in just the first three months of the year, or an average of nearly 1,000 people per day.
For comparison, the net population increase in 2024 was approximately 170,478 people, at a rate of less than 500 people per day.
According to the report, approximately 61,580 new residential units are expected to be delivered in Dubai this year, with 19% of these—approximately 12,000 apartments and villas—already completed in the first quarter alone. This reflects a continuation of the trend seen last year, when just over half of the planned number of units was delivered.
Rents also witnessed a significant increase, with villa rents rising by 5.1% and apartment rents by 10%. The commercial sector maintained strong performance, driven by continued economic growth and expanding business activities
For a detailed perspective on the property market, visit: Dubai - VPI Residential Capital Values - March 2025
