Tokenised Dubai Properties
CategoriesNews

Tokenised Dubai Properties Now Available from Just Dh2,000, with More Units Coming Soon After Strong Launch

Dubai property developers can now offer their units for tokenisation on Prypco Mint, the region’s first real estate tokenisation platform. This platform was launched in partnership with the Dubai Land Department (DLD) and other government bodies, according to Amira Sajwani, founder and CEO of Prypco.

The platform’s first listing, a two-bedroom apartment in Damac Prive Tower, Business Bay, was fully funded in just one day. It attracted 224 investors from over 40 countries, with the average investment at Dh10,714. Through blockchain technology, Prypco Mint allows people to own a small share of high-end Dubai properties, with investments starting from as low as Dh2,000.

Prypco Mint is a joint effort between Prypco and the DLD, licensed by the Virtual Assets Regulatory Authority (VARA), and supported by Zand Bank as its banking partner.

More Developers Expected to Join

After the successful launch, several developers, including those not affiliated with Damac, have shown interest in listing their properties.

“We welcome properties from any developer, as long as they offer good value,” said Sajwani. “Since we’re still in the pilot phase, we’re moving step by step to make sure the system works well.”

Last week, the Dubai Land Department issued the world’s first Property Token Ownership Certificate, confirming the official sale of the first tokenised real estate unit on Prypco Mint. Interest remains strong, with over 6,000 people currently on the waitlist.

Below Market Price to Attract Investors

Amira said the first property was offered at a below-market price to encourage early participation.

“The actual market price was around Dh3 million, but we listed it at Dh2.4 million. This gave investors an immediate gain and attractive rental income,” she said.

She also noted that many people like the idea of owning real estate without needing large amounts of money or taking on loans, some investing as little as Dh2,000.

Currently, the platform is open only to UAE residents, but plans are in place to allow international investors in the future.

Indian Investors Take the Lead

“We launched this to test interest, and the response was amazing,” Sajwani said. “Our website had 3.6 million visits on launch day. We’re still getting many questions about the next listings.”

Investments ranged from Dh2,000 to Dh250,000 for the Dh2.4 million unit. Indian investors made up the largest group, followed by UAE nationals.

Strong Returns

Sajwani, who also serves as Managing Director of Damac Properties and COO of Amali Properties, explained that returns from tokenised properties are similar to regular real estate investments.

“Rental yields in Dubai are usually between 5% and 7%, depending on the area and future value growth. The same applies to tokenised units; the main difference is that you’re investing alongside others,” she said.

When asked about offering off-plan properties through the platform, Sajwani said it would depend on future government approvals.

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Dubai Real Estate Sets New Record with AED 62.1 Billion in Property Sales in April 2025

Dubai vs Sharjah in 2025
CategoriesBlog

Dubai vs Sharjah in 2025: Which Emirate Should You Live or Invest In?

When you think of a place to live in or invest, two major names should come up in your mind: Dubai and Sharjah. Both of them offer different lifestyles, housing, cost of living, and real estate opportunities. 

Whether you are planning to move in with your family, or invest in any one of these places, it is very crucial to understand what each one has to offer in 2025 

In this blog, we will do a detailed comparison of Dubai vs Sharjah such as Dubai housing, cost of living, Sharjah career opportunities etc, so you can make the best decision based on your goals and budget.  

Why Compare Dubai and Sharjah?

Dubai and Sharjah are two main cities of the United Arab Emirates, located close to each other. Most people have their residence in one city, while they work in the other one. However, it is important to note that both cities have different lifestyles, costs, and real estate options, which is why it is important to be considerate while making a decision. 

Dubai is known for its modern lifestyle, business hubs, and high-end real estate options, while Sharjah is a more budget-friendly and family-focused city. 

By comparing both of these cities, you can easily understand which city better matches your lifestyle and where you should settle in based on your personal and financial goals. 

Dubai vs. Sharjah: A Detailed Comparison

  1. Dubai Cost of Living vs. Sharjah Cost of Living

This is one of the biggest reasons that people do a comparison on Dubai and Sharjah because of their cost of living. Overall, Sharjah is more affordable than Dubai but Dubai is said to offer a lot more facilities than Sharjah.

Here is a detailed comparison on Dubai’s cost of living vs. Sharjah’s cost of living to give you a better idea:

Category Dubai Sharjah
Studio Apartment Rent AED 5,000 – 7,000 / month AED 2,500 – 4,000 / month
3-Bedroom Villa Apartment AED 18,000 – 30,000 / month AED 8,000 – 12,000 / month
Utilities AED 600 – 1,000 / month AED 300 – 600 / month
Private School Fee AED 25,000 – 60,000 / month AED 13,000 – 30,000 / month

The families and individuals who are looking to save on daily expenses often find Sharjah a better place to live in. However, it is important to maintain a balance between these savings by keeping in mind certain factors like commute time and access to amenities. 

  1. Dubai Housing vs. Sharjah Housing

Housing options may vary for both Dubai and Sharjah in terms of cost, style, and availability.

Housing Type Dubai (Avg. Rent / month) Sharjah (Avg. Rent / month)
1-Bedroom – City center AED 8,000+ AED 3,500 – 4,000
3-Bedroom – Subrubs AED 10,000 – 15,000 AED 4,500 – 6,000
Housing Type Dubai Sharjah
Apartment – City Center AED 17000+ AED 13,000 – 14,000
Apartment – outside center AED 10,000 – 12,000 AED 9000

Though the housing in Dubai is comparatively expensive, it offers a wide range of options such as ultra-modern apartments, beachfront villas, gated communities, and branded residences. 

On the other hand, housing in Sharjah is affordable and budget-friendly, with spacious apartments and villas available. 

  1. Dubai Real Estate vs. Sharjah Real Estate

When it comes to real estate investment, Dubai and Sharjah both offer a number of good opportunities but in different ways. 

Feature Dubai Sharjah
Ownership for foreigners Freehold in 60+ communities Freehold in selected zones (since 2022)
Legal framework Dubai Land Department (DLD), RERA Sharjah Executive Council (SEC)
Popular developers Emaar, Damac, Sobha, Nakheel  Arada, Eagle Hills
Investment Appeal High Global Demand Growing with new freehold zones
Rental Yields 5% – 8% (prime areas) 6% – 10% (emerging zones)

In short, Dubai is a great option for those who are looking for a strong and mature market with global appeal. On the other hand, Sharjah is an ideal place for beginners who want to start with a smaller budget. 

4. Dubai Employment vs. Sharjah Employement

Dubai is said to be the business hub of the UAE. It offers jobs and business opportunities in many industries like real estate, technology, finance, and tourism. Since many multinational companies are based here, you get to see good salaries within this area. 

However, Sharjah is growing slowly and steadily in education, manufacturing, media, and culture sectors. Though the salaries in Sharjah are low here as compared to Dubai, the cost of living is affordable. 

5. Commute, Traffic and Connectivity

Many people live in Sharjah but they travel to Dubai for their job and business everyday. This is because housing is cheaper in Sharjah and salaries are high in Dubai. 

However, traffic can be a big issue.

During the peak hours, the commute from Sharjah to Dubai takes almost 60 to 90 minutes. 

Dubai is said to have better transportation including the Metro, buses, and taxis. However, Sharjah’s transport system is still developing with limited options available. 

6. Dubai Education vs. Sharjah Education

When it comes to education, Dubai has a lot more better options. Dubai has almost 200 international schools offering British, American, and other curriculums.

Not only this but it has certain top hospitals like Mediclinic, King’s College Hospital, and the American Hospital. 

Sharjah also offers quality education and healthcare facilities but unfortunately the number of options are limited. 

7. Airports and Travel Access

Dubai International Airport (DXB) is one of the busiest airports in the world. It connects to hundreds of destinations and offers top-class services and facilities. 

Sharjah’s airport is smaller but it also serves many international and regional flights. It is considered more budget-friendly which is why some people prefer flying from Sharjah. 

Who Should Choose Dubai and Who Should Choose Sharjah?

Choosing between Dubai and Sharjah depends on your lifestyle, budget, and goals. 

You should choose Dubai if:

  • Want to live in a modern and fast paced city
  • Are looking for high paying jobs
  • Prefer top hospitals and international schools
  • Don’t mind paying for convenience and comfort

You should choose Sharjah if:

  • Want to save money on rent, school, and daily expenses
  • Prefer a quiet environment
  • Can commute to Dubai for work on daily basis
  • Are looking for affordable housing

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Conclusion

Both Dubai and Sharjah offer great lifestyles, but in different ways. Dubai is perfect for those who want luxury, job growth, and urban living. Whereas, Sharjah is ideal for those looking for affordability, culture, and peaceful surroundings.

Many people even choose to live in Sharjah and work in Dubai, enjoying the best of both worlds. In the end, the right choice depends on your needs, goals, and budget.

Frequently Asked Questions

Is Sharjah better than Dubai?

Sharjah is better for those who want a quiet, affordable, and family-friendly life. Dubai is ideal for modern living, high-paying jobs, and more lifestyle options.

Which city is bigger – Dubai or Sharjah?

Dubai is larger in both size and population. It also has more business hubs, attractions, and international exposure.

How much does it cost to live in Sharjah vs Dubai?

Living in Sharjah is 30–60% cheaper than in Dubai, especially for rent, dining, and daily expenses.

Can you live in Sharjah and work in Dubai?

Yes, many people do. It saves money, but expect longer commutes of 60–90 minutes during peak hours.

 

Off-Plan vs. Ready-to-Move Properties
CategoriesBlog

Off-Plan vs. Ready-to-Move Properties: Which one Offers Better Returns?


Investing in real estate is one of the quickest and most reliable ways to build profits over time. But the most important question that is often overlooked is: should you invest in off-plan projects in Dubai or ready to move properties? 

Both options offer unique benefits but they also come up with some cons. Off-plan properties do offer low prices and strong return on investments but ready to move properties provide immediate rental income and stability. 

In this blog, we will have a complete look at both of the options, their pros and cons along with their return potential so you can have a better idea on which one to choose from.  

What is Off-Plan Property?

Off-plan property is often purchased before it is even built or completed. Investors usually buy off-plan projects in the UAE based on the developers’ plans, brochures, floor plans, and 3D layouts. 

However, it is important to note that off-plan properties tend to be less expensive than a fully furnished unit. These properties are a part of residential or commercial projects allowing the investors to pay in phases, as per the payment plan set by the developers. 

Pros of Buying Off-Plan Property in Dubai 

Buying off-plan property in Dubai can be a smart approach with the growing real estate market and strong investor predictions. Here are some of the merits of buying off plan projects in the UAE.

  1. Lower Prices & Early-Bird Discounts

Off-plan property is still in the construction phase therefore it is available at lower prices than the ready to move apartments. 

Developers usually offer pre-launch prices or early-bird discounts in order to attract more buyers and investors and create a hype about the project. 

This allows the buyers to buy the property at a discounted price, hence getting a strong return on investment in the later future. 

  1. Flexible Payment Plans

Dubai developers are known for providing flexible and interest free payment plans to their clients. 

The best thing about buying off-plan property is that you do not have to pay all the amount at once, rather you can easily pay the amount in smaller chunks during the construction phase and even after the construction is completed.  

Common payment structures include 50/50 or 60/40 where a portion of the amount is paid during the construction phase and the remaining amount is paid after completion of the project. 

  1. High Capital Appreciation

Since off-plan properties are usually bought when they are in their construction phase, buyers tend to earn a good profit over it when it is completed. 

It is so because when infrastructure, retail outlets, and transportation links are completed, property values in that respective area spike very high, giving the buyers a good return on investment. 

  1. Customization Options

When you buy off-plan property, you can customize the aspects of the unit yourself such as kitchen, flooring, color schemes etc. Some developers also offer the choice of layouts within the project. 

This can add value to your property and make it more appealing and different when it comes to renting or reselling. 

Cons of Buying Off-Plan Property in Dubai 

While off-plan properties offer benefits, they tend to have some demerits as well that buyers and investors should definitely consider. Understanding the cons of buying off-plan properties in Dubai can help you make strategic decisions in the future. 

  1. Project Delays or Cancellations

When it comes to off-plan properties, one of the most risky things is that the project might get delayed or cancelled due to some reasons. Despite the regulatory oversight by RERA, some projects still undergo delays due to:

  • Labor Shortages
  • Market Conditions
  • Developer Cash Flow Issues

Sometimes, it happens that if a developer is unable to complete the project, it might get cancelled, causing your funds to tie up. Though Dubai’s regulatory bodies offer some protection through Escrow laws but this still might impact your financial planning. 

  1. No Immediate Rental Income 

Unlike ready-to-move properties, off-plan projects in the UAE do not offer immediate rental income because they are still in the construction phase. This means that you have to wait for a longer period of time before the rent starts coming in.

  1. Quality and Finishing may vary. 

When buying off-plan properties, you rely on brochures, plans, and promises. Therefore, the final product may not always meet your expectations in terms of quality, layout, or views. 

Though reputable buyers deliver what they promise, but you need to be cautious of certain things like:

  • Review the developer’s past projects
  • Visit the model units
  • Include clear terms in sales agreement
  1. Market Fluctuations & Price Risks

When you buy off-plan projects in Dubai, you are actually betting on the future market conditions. If property prices fall by the time your unit is completed, you might not even get what you paid. 

However, it is important to note that though Dubai’s real estate is market is currently booming and is under stable conditions, yet there are certain things you need to consider such as:

  • Global Economic Trends
  • Local Supply and Demand Shifts
  • Policy Changes

What are Ready-to-Move Properties?

Ready to move properties are the real estate units that are completed and are ready for immediate possession. This means that the buyer can either immediately move in or rent the unit without any further approval.

In Dubai, the ready to move properties can be the residential or commercial units that have received a completion certificate from the authorities, ensuring that the unit meets all the industry standards. 

Pros of Buying Ready-to-Move Properties in Dubai

Buying a ready-to-move property in Dubai is a great option not only for the end-user but for investors as well. Here are some of the benefits of buying ready-to-move properties.

  1. Immediate Possession & Use

Ready-to-move properties are completed and are available for immediate possession and use. You might get in or rent it out as soon as you complete your payment and get your mortgage approved. 

Ready-to-move properties are suitable for:

  • End Users who urgently need a home
  • Investors looking to earn rental income
  1. Lower Risks & No Construction Delays

With ready-to-move properties in Dubai, you don’t have to worry about the risks, construction delays, cancellations, or design changes. 

It is so because the buildings are already completed and approved by Dubai’s regulatory authorities.  This minimizes the investment risks, and increases the chances of certainty. 

  1. Easier to Get a Mortgage

When it comes to buying ready-to-move units, you can easily get a mortgage because lenders and banks are more comfortable in financing ready properties. It is because such properties are already built and easy to evaluate. 

So you can easily get a home loan for it. Also, since there is no construction involved, you can get better loan terms or higher approval chances from the major banks in UAE. 

  1. Can Qualify for Golden Visa

If the value of your ready property is AED 10 million or more, you may be eligible for a UAE Golden Visa. This gives you and your family long term residency in UAE.

  • No need for a sponsor
  • Ability to stay outside of UAE for more than 6 months
  • Residency for your spouse and children

This is the reason many investors choose to move properties to get a UAE golden visa and enjoy the luxury lifestyle of Dubai.

Cons of Buying Ready-to-Move Property in Dubai 

While ready-to-move properties offer certain benefits, it comes with its own set of challenges. 

  1. Higher Upfront Costs

Ready properties often come within a higher price range as compared to off-plan projects in Dubai. Since they are based in developed areas, the buyer usually demands full market value for it. 

This means that you might need a higher initial payment or you may need to secure a bigger mortgage for it. Thus, this makes the properties less affordable for many buyers. 

  1. Limited Payment Flexibility

Unlike off-plan properties which offer the payment flexibility, ready properties often require a full deposit to be made at the time of purchasing. Or ready properties require:

  • 20-25% minimum down payment
  • Full payment upfront

This might disturb your budget because you are not ready for a larger payment. 

  1. Higher Maintenance Costs

Ready properties which are usually older ones require an immediate upgrade. Even in well-maintained buildings, you need to spend money on:

  • Appliance Upgrades
  • Flooring 
  • Painting
  • Plumbers or Electrical Repairs
  1. Competition in Rental Market

In developed and popular areas, there can be similar properties available for rent. This can cause high competition, which may:

  • Delay finding tenants
  • Force you to reduce the rent

As a result, your rental income might not be stable and consistent as expected. 

Explore:
Dubai vs Abu Dhabi: Comparing UAE’s Top Real Estate Markets
Difference Between Freezone and Mainland in UAE

Conclusion

Off-plan and ready-to-move properties both offer good investment opportunities in Dubai, but they serve different needs.

Choose off-plan if you want lower prices and are willing to wait for future returns. Go for ready-to-move if you prefer immediate use or rental income and lower risk.

The right choice depends on your budget, goals, and timeline. Always do your research or consult a trusted real estate expert before making a decision.

Frequently Asked Questions

Is it good to invest in off-plan property?

Yes, investing in off-plan property is a smart choice because it provides a flexible payment plan, lower prices, and good potential for long-term returns. 

What is the meaning of off-plan?

Off-plan properties are those who are still under construction and are not ready to be delivered. The clients purchase off-plan units based on the plans and designs. 

Can I sell my off-plan property in Dubai?

Yes, you can sell your off plan property after you have paid at least 30% of the total value. However, we suggest you check with your developers before reselling your property. 

What is the 1% plan in Dubai?

The 1% plan lets you pay 1% of your property value every month. It is a flexible payment plan with low monthly payments. 

 

Dubai Real Estate Sets New Record with AED 62.1 Billion in Property Sales in April 2025
CategoriesNews Uncategorized

Dubai Real Estate Sets New Record with AED 62.1 Billion in Property Sales in April 2025

Dubai’s real estate market reached a new milestone in April 2025, with total transactions of about AED 62.1 billion (nearly $17 billion). This marks the highest monthly value ever recorded in the city’s property sector.

Compared to April 2024, the total value of transactions increased by 94%, while the number of transactions rose by 54%. These results show strong growth in both new developments and resale properties.

Cherif Sleiman, Chief Revenue Officer at Property Finder, said:
“Dubai’s real estate market continues to grow, supported by smart city planning, modern regulations, and investor confidence. The steady progress in both new and existing property sales shows the strength and long-term appeal of the market.”

Strong Growth in Both Market Segments

The resale (secondary) market recorded AED 28 billion in sales through more than 7,700 transactions. This was a 67% increase in value and a 66% rise in volume compared to the same period last year.

One major deal was a AED 1.45 billion land purchase in DMCC-EZ2 for the upcoming Sobha Central project in Jebel Ali.

Other high-performing areas included Palm Jumeirah, Jumeirah Village Circle (JVC), and Dubai Marina.

The new property (primary) market led the way, with AED 34.2 billion in sales—up 124% from April 2024. Key developments driving this growth included Palm Jebel Ali and The Oasis by Emaar. 

Although these two projects made up less than 6% of the total transaction volume, they accounted for over 30% of the total value, showing strong demand for premium properties.

Apartments Remain Most Popular

Apartments continued to attract the most attention from both buyers and renters. In April, 59% of purchase searches and 78% of rental searches were for apartments.

Studio apartments made up 21% of rental searches but only 14% of buyer interest. This gap suggests that investors may find good rental returns from smaller units.

Two-bedroom apartments were popular in both segments, with 35% of buyer interest and 31% of rental demand.

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Focus on Transparency and Smart Regulation

Sleiman also highlighted the Dubai Land Department’s recent introduction of AI tools to monitor real estate advertisements. These tools aim to improve transparency and trust across the industry.

He noted that partnerships formed at the International Property Show will further improve regulation and service standards in the market.

“These forward-thinking steps are helping Dubai become one of the most attractive real estate markets for investors worldwide,” Sleiman said.

Buy Luxury Homes in Dubai | Nouba Real Estate
CategoriesBlog

Homes for Sale in Dubai

Navigating this burgeoning real estate landscape requires working with ahousen established broker with impeccable credentials. Nouba Real Estate stands out as a go-to resource, offering access to an expansive inventory of properties from top developers such as Emaar, Damac, and Ghurair – helping clients discover homes that meet both their personal aspirations and financial goals.

Dubai Residency Through Property Ownership: The Golden Ticket

One of the greatest advantages of investing in the Dubai real estate market is residency potential. The UAE government offers various long-term visas linked to property investments that allow homeowners to build lives in this vibrant city. Depending on property value, investors could qualify for 2-year investor visas, 5-year Green Residence visas, or even 10-year Golden Residence visas – making investment worth your while and giving residents access to this thriving city!

Investors Can Benefit from High Returns in an Expanding Market

Dubai’s real estate market has repeatedly demonstrated its potential for high returns on investment, due to multiple factors. One such factor is Dubai’s location as an international center of trade, tourism, and finance attracting many professionals and businesses who drive demand for both sales and rentals properties in Dubai.

Dubai Homes Are Landlord’s Paradise

Rental yields in Dubai houses can be particularly appealing compared to other global cities, providing investors with a substantial return on their investments. Dubai’s streamlined rental regulations and efficient property management services add further appeal for potential landlords in this emirate; whether long-term renting out of your property or short-term rentals via platforms like Airbnb can generate rental income streams in abundance in this city.

Nouba Real Estate:  For Apartments For Sale in Dubai

Navigating Dubai’s real estate market requires expert knowledge of local conditions. Nouba Real Estate has earned an impeccable reputation amongst brokers by granting access to exclusive properties from premier developers such as Emaar, Damac, and Ghurair.

Emaar Properties

If you are looking for houses for sale in Dubai, then nothing beats Emaar.  Nouba Real Estate offers an impressive range of Emaar properties from stylish apartments with breathtaking views to spacious villas in family-friendly neighborhoods, setting the bar for luxury and innovation in Dubai real estate. Emaar projects range from the Burj Khalifa and Dubai Mall, super well-planned communities like Downtown Dubai and Arabian Ranches, as well as well-made communities such as Arabian Ranches. Nouba Real Estate provides access to these iconic projects, along with their stunning master planned communities like Downtown Dubai and Arabian Ranches as well. Nouba Real Estate provides access to these properties as they set the benchmark in luxury real estate development in the epic Dubai real estate, like Downtown Dubai and Arabian Ranches master-planned communities, renowned for luxury living. Nouba Real Estate provides access to these properties, as they range from stylish apartments. The biggest house in Dubai was sold by Nakheel to Mukesh Ambani. The two developers work closely.

Damac Properties

Renowned for its lavish developments and partnership with high-end brands, Damac offers luxurious apartments, villas, and branded residences. Nouba Real Estate gives access to Damac’s premium offerings to buyers seeking unparalleled lifestyle amenities.

Ghurair Properties

Ghurair Properties has built its name by consistently offering quality and value, offering residential and commercial developments across Dubai. Nouba Real Estate can guide you through Ghurair’s portfolio to locate properties with both affordability and long-term investment potential.

By working with Nouba Real Estate, buyers get

Extensive Property Listings

 An expansive database of properties from Dubai’s top developers. Expert Market Knowledge: In-depth understanding of market trends, property valuations, and investment opportunities. Tailored Guidance and Support Throughout: Tailored advice and assistance throughout the buying process is also provided by us.

Negotiation Expertise: Skilled negotiators to help secure the best deal. Seamless Transaction Management: Assistance with all legal and administrative procedures. A Diverse Selection of 

Homes Available To Buy Now: Discover your Dream Home Now.

Nouba Real Estate’s experienced agents can guide you through each neighborhood to help identify which best meets your lifestyle and investment objectives. From Downtown Dubai and Dubai Marina to Arabian Ranches and Jumeirah Golf Estates, each one boasts unique charms and amenities – our agents can show you them all!

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Conclusion: Great Houses for sale in Dubai

Nouba Real Estate’s strong relationships with leading developers such as Emaar, Damac, and Ghurair ensure you can navigate the market confidently and find an ideal property either as your place of residence or an attractive investment opportunity. Experience Dubai for yourself as you unlock its immense potential; start your journey towards discovering your perfect place here now.

Dubai’s Residential Real Estate Market
CategoriesNews

Dubai’s Residential Real Estate Market Sees 23% Growth in Q1 2025

Dubai’s real estate market performed very well in the first quarter of 2025, with an estimated 42,274 transactions. This showed that there has been a 23% increase over the same time the previous year. According to an analysis, this growth happened in both secondary and off-plan marketplaces. 

The market stayed active despite early indications of market stabilisation, as seen by a 10% drop in transaction volumes from the prior quarter. In the first quarter of 2025, the Dubai residential real estate market showed remarkable growth and durability.

Off-Plan Market Dominates

59% of all residential transactions were off-plan, which was consistent with the 2024 trend. This change in investor conduct supports the market’s long-term stability by reflecting a move away from speculative purchasing and towards a more steady strategy.

Luxury Market Sees Strong Activity

The luxury real estate market flourished with the highest sales of over AED 20 million during the year-over-year and quarter-over-year. Not only this, but there has been an increase in the prices of villas and townhouses, with an average increase of 23% in 19 of the 20 areas under study. However, it is important to note that the largest price hikes were seen for Emirates Hills and Jumerirah Islands which were 101% and 52% respectively.

Apartment Market Also Experiences Growth

Apartment communities also saw price increases across all 11 tracked areas, though at a more moderate average of 10%. The Views area saw the highest increase at 17%. In the secondary market, there was a rise in transaction volume from the previous quarter, indicating that more tenants are shifting towards homeownership.

Rental Market Shows Decline, But Prices Rise

Although rental contracts for villas and townhouses decreased by 8%, and apartment rental contracts dropped by 17% compared to Q1 2024, rental prices continued to rise. Villa rents increased by an average of 19%, with Emirates Hills and Tilal Al Ghaf seeing the highest increases at 33% and 47%, respectively. Apartment rents rose by an average of 11%, with City Walk recording the highest increase at 19%.

Dubai Gaining International Attention

Dubai’s growing international appeal is reflected in the increased geographic diversity of foreign buyers. “At Espace Real Estate, we see that Dubai remains a top choice for buyers worldwide, with a growing mix of nationalities. While Western European buyers continue to be prominent, we are also seeing increasing interest from Eastern Europe, showing Dubai’s expanding global appeal,” Lyons commented.

The off-plan market saw 7,008 completed units in Q1 2025, a 15% decline compared to last year. However, this moderation may support more sustainable growth in Dubai’s property market in the long term.

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