239 billion dirhams the volume of real estate actions in 5 emirates in the country during the first quarter

Abu Dhabi, May 24 / WAM / Real estate markets in the UAE recorded a strong performance during the first quarter of 2025, driven by a flexible legislative environment, increasing confidence in investors, and the expansion of specific projects, which enhances the role of the sector as a pillar of growth and attracting investments.

According to the official data issued by local real estate departments and specialized reports, real estate actions have grown in most of the state’s emirates, recording a remarkable growth in the volume of trading and the number of real estate transactions, as the total value of real estate actions in 5 emirates exceeded the 239 billion dirhams barrier from January until the end of March 2025.

The data showed that the real estate sector continued its growth during the first quarter of the year, which recorded a new measurement in terms of the number of sales deals and mortgages, as more than 94 thousand and 719 transactions were registered to buy and sell and mortgage the various real estate units in the Emirate of Abu Dhabi, Dubai, Sharjah, Ajman and Ras Al Khaimah.

In this context, Talal Al -Thiabi, CEO of the Dar Real Estate Group, said that the real estate sector in the UAE is witnessing an exceptional prosperity driven by the continuous progress achieved by the state in various fields, as it provides the economic and cultural renaissance that the UAE lives in a vital environment and exceptional growth opportunities for companies and investors from different parts of the world, which established its position as one of the most prominent global destinations for living and work And investment.

He added in a statement to the Emirates News Agency “WAM”, that the “Dar” development projects recorded a strong growth in sales, achieving 8.9 billion dirhams during the first quarter of 2025, an increase of 42% on an annual basis, in addition to a strong performance that included various sectors of the group’s business, as the occupancy rate through the governor of the house exceeded 95% by the end of the first quarter of this year.

In detail, the Abu Dhabi Real Estate Center, affiliated with the Municipalities and Transport Department, revealed the growth of the volume of real estate actions in the Emirate of Abu Dhabi during the first quarter of 2025 by 34.5% compared to the same period in 2024, as the total value of real estate actions reached 25.3 billion dirhams.

According to the center, the emirate recorded 6896 transactions, distributed by 3819 sales transactions of 15.51 billion dirhams, 26.7% growth in value compared to last year, and 3077 real estate mortgages, which amounted to 9.8 billion dirhams, an increase of 49% compared to the same period from 2024.

For its part, the Emirate of Dubai continued to record an exceptional growth, with the optimal destination for real estate investors, which was reflected in real estate actions with a total value of about 193 billion dirhams, resulting from 58 thousand and 39 real estate actions with a growth of 16.2% in terms of value and 31.5% in the number compared to 2024.

The data of the Department of Land and Property in the emirate indicated that the sales of the real estate market in Dubai recorded during the first quarter of 2025 a strong leap, as it amounted to 142 billion dirhams for 45 thousand and 77 transactions, with a growth of 30% in the value, and the mortgages recorded 41 billion dirhams, resulting in 10 thousand and 949 transactions, with a growth of 27% in terms of number, while the rest of the value distributed to the “gifts”.

In the same context, the Emirate of Sharjah continued to enhance its position as a prosperous economic center, as the value of real estate actions reached 13.2 billion dirhams, with a growth of 31.9% compared to the same period last year, through the implementation of 24 thousand and 597 transactions, according to the Real Estate Registration Department in the emirate.

As for the Emirate of Ajman, it was recorded, according to the data of the Lands and Real Estate Organization Department, 5.55 billion dirhams, a total value of real estate actions during the first quarter, with a remarkable growth of 29%, as this value was distributed over 3.69 billion dirhams for the volume of trading through 3132 sales and purchases, along with 498 mortgage transactions with a value of more than 905 million dirhams, while the remaining operations constituted other real estate actions, such as Real estate gifts and exchanges.

In Ras Al -Khaimah, a report issued by “CBRE” confirmed that the real estate sector in the emirate continues its prosperity driven by the high demand for housing real estate, as the value of residential sales deals on the map amounted to more than 2.4 billion dirhams, which represents a contract for more than 1300 sales transactions during the first quarter.

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