BusinessDubai Property Market in 2025: What to Expect

Dubai Property Market in 2025: What to Expect

-

- Advertisment -spot_img

Learn about the future of Dubai’s property market in 2025, including stable prices, affordable housing trends, and a boom in off-plan property sales.

Dubai’s property market is expected to slow down a bit in 2025, with prices in some areas stabilizing, according to real estate experts at ValuStrat

Even though growth might not be as fast as before, there’s still a lot of demand, especially since there aren’t enough properties to meet everyone’s needs.

“Investors should pay close attention to trends, especially in luxury villa areas,” ValuStrat suggested in their report. 

They believe prices for big villas in premium locations might not go up as much and could even stay steady later in 2025. 

Still, Dubai’s housing market is expected to grow, supported by a strong economy, more people wanting to buy, and increasing confidence in the market.

Experts predict property values will increase by 5-10% in 2025, which is slower than the growth seen in 2024. 

Abdullah Alajaji, from Driven Properties, said demand for luxury and under-construction (off-plan) homes is expected to remain strong, showing that investors still believe in Dubai’s future developments.

Also Read: Abu Dhabi to Become World’s First AI-Native Government by 2027

Dubai Property Market in 2025: What to Expect
Dubai Property Market in 2025: What to Expect

More People Buying Ready-to-Move Homes

In 2024, many people started buying homes they could move into right away, instead of renting. 

This happened because rents were high, and mortgage rates dropped, making buying more affordable. 

Ready-to-move-in home sales went up by 12.3%, while off-plan property sales shot up by 76.4% compared to 2023.

Affordable housing also became more popular. Nearly 40% of homes sold in 2024 were apartments priced under AED 1 million. 

Lower borrowing costs, thanks to interest rate cuts, made it easier for tenants to become homeowners.

“Rising rents pushed people toward affordable housing and smaller apartments,” Alajaji said. 

“We think these trends will continue in 2025. The high demand for under-construction properties shows that people trust Dubai’s future developments.”

By the end of 2024, apartment rents rose faster than villa rents, as some villa communities reached their price limits. 

Many residents also switched to buying homes because of cheaper loans offered by the UAE’s Central Bank.

What to Expect in 2025

Dubai’s real estate market is set for steady growth in 2025, with strong demand and limited supply keeping things moving. 

While some areas might see prices level out, the overall outlook is positive, with plenty of new developments and affordable options for buyers.

Also Read: Air India Express Expands Network, Offers Generous Baggage Allowance on UAE-India Routes

Sacheen
Sacheenhttps://uaeartnews.com
Sacheen Chavan is a versatile writer at UAEArtsNews.com, specializing in delivering insightful coverage on the latest news, business trends, groundbreaking technology, and vibrant entertainment stories. With a keen eye for detail and a passion for storytelling, Sacheen brings a fresh perspective to every piece, keeping readers informed and engaged. When not exploring the latest headlines, Sacheen enjoys delving into the cultural tapestry of the UAE, celebrating the dynamic fusion of tradition and innovation

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Flydubai Flight Aborted Takeoff And Passengers Were Evacuated Safely

A flydubai plane bound for Hargeisa aborted takeoff from Dubai International Airport. All passengers and crew were safely evacuated,...

Sharjah to Get Three New Pharmaceutical Factories with $84 Million Investment

Three new pharmaceutical factories worth $84 million are set to open in Sharjah by 2026, producing eye drops, respiratory...

UAE Residents Excited About Etihad Rail’s High-Speed Train

Etihad Rail’s new high-speed train promises a 30-minute trip between Dubai and Abu Dhabi. Residents are hopeful it will...

Housing Approvals in Dubai Citizens Granted Exceed Dh1 Billion Worth

Housing Approvals in Dubai Citizens Granted Exceed Dh1 Billion Worth The number of housing approvals entered Sheikh Mohammed’s announcement surpassing...
- Advertisement -spot_imgspot_img

Saudi Arabia Bus Accident Leaves Female Students Injured

A bus carrying female students crashed in Saudi Arabia’s Al Kamil governorate, injuring several. Authorities investigate brake failure as...

Sheikha Latifa Highlights Dubai’s Role as a Global Cultural and Innovation Hub at WEF

At the World Economic Forum in Davos, Sheikha Latifa bint Mohammed emphasized Dubai’s inclusivity, cultural diversity, and innovation as...

Must read

- Advertisement -spot_imgspot_img

You might also likeRELATED
Recommended to you