Historically perceived as a quieter period for transactions, Ramadan has increasingly proven to be one of the most dynamic periods for Dubai’s real estate market. Contrary to conventional expectations, recent years have witnessed surging transaction volumes, rising property values, and a market driven by discerning investors capitalising on strategic opportunities.
As we look ahead to Ramadan 2025, projections indicate another record-setting period, with anticipated transaction volumes exceeding 13,500 and total sales surpassing AED 36 billion. For investors, end-users, and sellers alike, this season presents a compelling opportunity to engage with Dubai’s real estate market at a pivotal moment.
A Market Defying Expectations
Recent data has consistently challenged the assumption that Ramadan leads to a slowdown in real estate activity. Instead, the figures highlight a period of heightened transactions, robust sales values, and continued capital appreciation.
- 12,313 transactions were recorded in Ramadan 2024, marking a 39% increase from 8,846 transactions in 2023.
- Total sales value surged by 55%, reaching AED 32.6 billion in 2024, compared to AED 21 billion in 2023.
- Average sales prices increased by 12%, climbing to AED 2.65 million in 2024 from AED 2.37 million the year prior.
- Villa prices rose to AED 9.85 million, reflecting a 10% appreciation, while townhouse values surged 22% to AED 3.11 million.
A closer look at price per square foot further underscores the sustained market momentum:
- Apartments averaged AED 1,821 per sq. ft. in 2024.
- Townhouses rose to AED 1,169 per sq. ft., up from AED 1,000 in 2023.
The first two weeks of Ramadan 2024 alone recorded a 28% increase in transaction volume and AED 14.8 billion in sales, demonstrating that the market remains highly active during this period.
Why Ramadan Has Become a Key Period for Real Estate Investment
The strength of Dubai’s real estate market during Ramadan is driven by several critical factors that make it an attractive time for investment:
- Exclusive Ramadan Incentives from Developers – Limited-time offerings such as flexible payment plans, fee waivers, and price adjustments create significant advantages for investors and end-users.
- A Market of Motivated Buyers and Sellers – Those engaging in property transactions during Ramadan are typically highly committed, leading to faster negotiations and more efficient deal closures.
- Continued Capital Appreciation – As Dubai remains a top-tier global investment destination, buyers are strategically securing assets ahead of further market appreciation.
Projections for Ramadan 2025: Market Growth Continues
Based on current trends and expert analysis, Ramadan 2025 is expected to build on the momentum of previous years, with further capital inflows and transactional growth across key asset classes.
Forecasted market indicators include:
- Transaction volumes reaching approximately 13,500
- Total sales value exceeding AED 36 billion
- Average sales price increasing to AED 2.7 million
- Villa prices surpassing AED 10 million
- Apartments reaching AED 1,750 per sq. ft.
- Townhouses rising to AED 1,200 per sq. ft.
With strong demand from international investors, institutional buyers, and high-net-worth individuals (HNWIs), Dubai continues to reinforce its status as a global real estate powerhouse.
Strategic Considerations for Buyers, Sellers, and Investors
For buyers, Ramadan presents an opportune moment to secure prime assets with the advantage of exclusive developer incentives. For investors, the period offers a strategic entry point to high-yield, appreciating real estate before further price escalations. For sellers, high levels of transactional activity and strong buyer intent make this a compelling time to bring properties to market.
At MILK Real Estate, our approach is data-driven and market-intelligent, ensuring our clients are positioned to capitalise on the most lucrative opportunities within Dubai’s evolving real estate landscape. Whether exploring off-plan investments, luxury residential acquisitions, or strategic portfolio diversification, our expertise enables you to navigate the market with confidence.
As Ramadan 2025 approaches, those who act decisively will secure the greatest advantages. If you are considering an acquisition, investment, or sale, MILK Real Estate is here to guide you through a market poised for significant movement.
