Market Reports UAE

UAE Real Estate Market Data 2024-2025

Comprehensive analysis of property trends, prices, and forecasts across the United Arab Emirates

Last Updated
March 15, 2024

UAE Real Estate Market Overview

The UAE real estate market continues its strong performance in 2024, with Dubai leading growth at 8.5% year-over-year. Luxury properties and off-plan developments are driving transaction volumes, while rental yields remain attractive to international investors.

Market Outlook: Positive
6.2% Overall Growth

Market Performance

Avg Price per Sq.Ft
$412
+5.8% YoY
Total Transactions
15,328
+12.4% YoY
Avg Days on Market
58
-9 days YoY
Rental Yield
7.2%
+0.6% YoY
UAE Real Estate Price Trends 2024-2025 Forecast
Property Type Distribution
Average Price by Number of Bedrooms
Price per Sq.Ft by City (2024)

Detailed Market Analysis

Property Prices by City and Bedrooms

City Bedrooms Avg Price ($) Price per Sq.Ft ($) YoY Change 2025 Forecast Rental Yield
Dubai Studio $92,500 $512 +8.5% +7.2% 7.8%
1 Bedroom $158,000 $525 +7.9% +6.8% 7.4%
2 Bedrooms $265,000 $538 +7.2% +6.2% 6.9%
3+ Bedrooms $485,000 $555 +6.5% +5.8% 6.3%
Abu Dhabi Studio $81,000 $435 +6.2% +5.5% 7.1%
1 Bedroom $142,000 $448 +5.8% +5.2% 6.8%
2 Bedrooms $228,000 $462 +5.3% +4.8% 6.4%
3+ Bedrooms $395,000 $478 +4.9% +4.5% 5.9%
Sharjah Studio $48,500 $268 +4.8% +4.2% 8.2%
1 Bedroom $82,000 $275 +4.5% +4.0% 7.9%

Market Insights & Forecasts

Dubai Market Outlook

Dubai continues to lead the UAE real estate market with an expected 7.2% growth in 2025. Premium areas like Palm Jumeirah and Downtown Dubai are seeing record transaction values.

Luxury Growth: 9.5% Off-Plan: +22%
Abu Dhabi Stability

Abu Dhabi's market shows steady growth with increased interest in Al Reem Island and Yas Island. Government initiatives continue to attract foreign investment.

Stable Growth: 5.5% Rental Yield: 7.1%
Emerging Markets

Sharjah and Ajman are becoming attractive alternatives with affordable pricing and high rental yields. Ras Al Khaimah is emerging as a tourism-driven property hotspot.

Affordable Segment High Yields

City Performance Highlights

Dubai

Luxury property transactions increased by 18% in Q1 2024. Off-plan sales continue to drive market volume with 35% of all transactions.

Premium Areas: Palm Jumeirah, Downtown +8.5% Growth

Abu Dhabi

Stable market with increased interest in investment properties. Rental market remains strong with high occupancy rates.

Key Areas: Al Reem Island, Yas Island +6.2% Growth