UAE Real Estate News for the month of January 2025
- Bayut Annual Market Reports for Dubai and Abu Dhabi
- Bayut Annual Market Reports for Northern Emirates
- Dubai Records AED 761bn in Property Transactions for 2024
- ACRES Launches Largest Edition Yet
- DLD Offers Freehold Ownership
- Ajman Hits Record in Property Transactions
- FAQs
The UAE real estate market is off to a strong start in 2025, with all eyes on the latest in the property market and recent developments. Market reports continue to show a rise in demand for commercial and residential properties in January in all emirates. Furthermore, emerging trends and promising rental rates continue to attract tenants and investors alike. Here’s a look at the top UAE real estate news January 2025.
UAE Real Estate News January 2025
The property market in the country is considered amongst the most stable in the world. Here are the top headlines that made waves in the UAE property sector for last month.
Bayut End of Year Market Report for Dubai and Abu Dhabi
We begin our overview of UAE real estate property news January 2025 with Bayut’s 2024 market reports Dubai and Abu Dhabi. The reports are based on the influx of website visits and searches in property listings by real estate agencies.
As per Bayut’s Dubai Annual Sales Report 2024, the prices per-square-foot for apartments and villas increased by up to 56% across affordable, mid-tier and luxury segments in Dubai. In contrast, Bayut’s Dubai Annual Rental Report 2024 indicated up to 60% increases in rents for apartments and villas across all segments.
Likewise, the Bayut Abu Dhabi Annual Sales Report 2024 shows a similar increase in prices for the popular property types with a slight decrease recorded in desirable areas like Baniyas and Khalifa City.
Bayut’s Year End Market Reports for Northern Emirates
The property market in Ras Al Khaimah, Sharjah and Ajman continues its upward trajectory. The reports below showcase the most popular areas to buy and rent apartments and villas in the northern emirates. Gain better insights with an overview about sales and price trends reported last year:
Property Transactions in Dubai Amount to AED 761bn in 2024
Dubai continues to assert its dominance in real estate, recording a total of AED 2.78 million property transactions in 2024. This is the highest recorded number in history and is a 17% increase as compared to 2023. Overall, the industry logged over 226,000 transactions with a worth of AED 761 billion.
Additionally, the emirate welcomed a 55% increase in the number of real estate investors, totalling at 110,000. The achievement shows that the emirate’s property market continues to garner consistent interest from both local and international buyers.
ACRES Marks its Largest Edition Yet
The Sharjah Real Estate Exhibition (ACRES) officially had its annual opening under the patronage of His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah. The event, held at Expo Centre Sharjah and organised in collaboration with the Sharjah Chamber of Commerce and Industry (SCCI) from January 22nd to the 25th 2025, marked its biggest opening yet.
ACRES 2025 drew more than 15,000 visitors with a record 110 participating exhibitors representing top property developers as well as real estate development and investment companies across the country. Furthermore, real estate transactions at the event were recorded at a transactional value of AED 4.3 billion for development projects — marking a 207% growth compared to last year’s edition. The recent edition also saw the launch of several new development projects making their debut in the UAE.
The DLD allows freehold ownership to some property owners
In Dubai property news for January 2025, the Dubai Land Department announced that those who own private properties in Al Jaddaf and Sheikh Zayed Road are now allowed to convert their ownership status to freehold. For Sheikh Zayed Road, this is specifically for properties from the Trade Centre roundabout to the Water Canal. At the time, over 457 plots were found to be eligible for the benefit — with 329 in Al Jaddaf and 128 along Sheikh Zayed Road.
Apart from benefitting landowners, the initiative is expected to increase the market value of the mentioned locations, thereby setting the stage for potential investments for freehold investors. According to Director-General of the DLD, Marwan Ahmed bin Ghalita, the move will be beneficial for the growth of Dubai’s property sector and cement its status as a popular destination for real estate investments.
Real Estate Transactions in Ajman hit record in 2024
In other exciting UAE real estate news January 2025, Ajman recorded 15,125 real estate transactions in 2024, with a value totaling AED 20.5 billion. Compared to 2023, this marked a 21% growth. According to the Director General of the Department of Land and Real Estate Regulation in Ajman, Engineer Omar bin Omair Al Muhairi, the numbers shown by the Ajman Real Estate Index confirmed the emirate’s upward trajectory in real estate.
FAQs
How much will it cost to live in Dubai?
That depends on your income, chosen property type and whether you prefer to rent or buy a home in the emirate. To know more, learn about the cost of living in Dubai.
What is the UAE property market like?
It is poised for growth. Plus initiatives like Expo 2020 legacy projects and the Golden Visa programme make the country even more desirable for foreign investors.
That concludes our coverage of UAE real estate news January 2025. Stay tuned to MyBayut for more updates on the latest happenings in the country’s property market and beyond.
