Dubai’s Off-Plan Market Continues to Attract Global Investors Amid Soaring Demand
Dubai, UAE – [Friday 2nd April 2025] – April marked another standout month for Dubai's real estate market, driven by high demand for off-plan properties. The Dubai Land Department (DLD) reported AED 46 billion in transaction value, a huge 77% increase compared to April last year and a 23% rise from the previous month, indicating continued market strength.
The off-plan sector is a key driver of this growth, experiencing a significant 47% increase in transaction value and a 29% rise in volume year-on-year, highlighting Dubai's appeal to international investors and those seeking new developments. Allsopp & Allsopp also saw substantial growth, outperforming the market with an exceptional 99% year-on-year increase in sales transaction volume.
In April, off-plan transactions accounted for 59% of the total volume, with the secondary market continuing to deliver strong results. The average property price in the secondary market rose by 23% month-on-month, with total transaction value increasing by 41%. Compared to the same period last year, the secondary market has grown by 111% in value and 68% in volume. At present, 57% of all transaction value stems from the secondary market, while off-plan makes up a significant 43%, maintaining a steady and balanced split.
Lewis Allsopp, CEO of Allsopp & Allsopp said: “Whether you are an investor or a homeowner looking to diversify your portfolio, the off-plan market is where the real opportunity lies. Developers are raising the bar and becoming increasingly competitive, offering world-class amenities and community-focused living spaces that are attracting strong buyer interest and fostering long-term loyalty.”
Villas and townhouses remain in high demand, leading the market in price growth. Average values for these properties rose by 34% month-on-month, with a remarkable 110% increase in transaction volume year on year. This continued demand, coupled with limited supply, emphasises the crucial role of upcoming off-plan villa communities. Apartments have also shown strong performance, with average prices increasing by 32% compared to the same time last year.
“We are witnessing a clear trend towards homeownership in Dubai with more individuals recognising the city as a stable and attractive place to settle and invest long-term, not just in villas but also in apartments.” said Lewis Allsopp. “Where previously buyers may have rented before purchasing, many are now skipping that step and directly purchasing properties, drawn by the high-quality offerings of new developments.”
Interestingly, the DLD also reported a 24% decrease in overall lettings volume in April, a trend echoed by Allsopp & Allsopp with a 9% drop. This shift towards ownership indicates changing buyer behaviour. As off-plan developments continue to evolve with increasingly attractive offerings, landlords may need to adapt and consider upgrades and modernisation to compete effectively in this evolving market.
This initial snapshot of Dubai’s real estate performance in April signals continued strength and growing investor appetite, particularly within the thriving off-plan market. More detailed insights will be available in the full market report to be released in the coming days.
Key data points:
- 99% increase in sales transaction volume year-on-year (Allsopp & Allsopp data)
- 143% increase in sales transaction value year-on-year (Allsopp & Allsopp data)
- 47% rise in off-plan sales transaction value year-on-year (DLD data)
- 111% increase in Secondary Sales total transaction value (DLD data)
- 24% decline in rental volume month-on-month (DLD data)
Read the full report here
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