Dubai villa sales double in February

• Villa sales total $14bn
• 60 percent sold off-plan
• Apartment sales also increase

Dubai villa sales, many of which were off-plan, doubled in February this year compared to the same month in 2024, helping to drive rapid growth in the emirate’s property market, according to a market survey.

February property sales in Dubai totalled $14 billion – a 40 percent increase on February last year, according to real estate broker fäm Properties.

Villas were a major driver of this surge with sale volumes doubling to 3,679 units, a 99.7 percent increase on February 2024, according to data from DXBinteract. Those sales were worth $5.1 billion.

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The most expensive individual property sold in February was a luxury villa at Hadaeq Sheikh Mohammed Bin Rashid, which fetched $38 million, according to fäm.

Apartment sales also increased, with Dubai counting 11,364 sales worth $5.8 billion – an increase of 21 percent on last year.

Off-plan properties made up more than 60 percent of all purchases, in line with last year and January this year.

“The data once again highlights the robust nature of Dubai’s real estate market and the steady growth it has experienced over the past few years,” said Firas Al Msaddi, CEO of fäm Properties.