Ramadan is often perceived as a quieter period for business, but in Dubai’s property market, it has proven to be anything but slow. In fact, recent trends show that Ramadan has become a prime time for real estate transactions, with rising sales volumes, increasing property prices, and exclusive deals from developers making it a golden window for investors.
Looking at last year’s performance, Ramadan 2024 saw a 39% surge in transactions, reaching 12,313 sales, compared to 8,846 in 2023. The total sales value also jumped by 55%, hitting AED 32.6 billion, and average sales prices rose to AED 2.65 million, marking a 12% increase year-on-year.
Why Are Buyers Rushing to Invest During Ramadan?
Several factors contribute to this Ramadan real estate boom:
- Developer incentives – Buyers can take advantage of special Ramadan payment plans, discounts, and waived fees.
- Faster deal closures – The buyers in the market tend to be highly motivated, leading to quicker transactions.
- Strong price appreciation – Investors see Ramadan as a chance to lock in properties before prices rise further.
Even the luxury market saw gains. Villa prices increased by 10% to AED 9.85 million, while townhouse prices jumped 22% to AED 3.11 million. The price per square foot followed suit, with apartments reaching AED 1,821, townhouses at AED 1,169, and the overall market average climbing to AED 1,741 per square foot.
Ramadan 2025: Another Record-Breaking Year?
Looking ahead, analysts predict Ramadan 2025 will see approximately 13,500 transactions, with sales volumes expected to reach AED 36 billion. Villa prices are projected to cross AED 10 million, while average apartment and townhouse prices continue their upward trajectory.
With Dubai’s property market showing no signs of slowing down, Ramadan has become a strategic window for both buyers and sellers. Investors looking to secure assets before further price hikes will be watching closely, while sellers may find this period ideal to list their properties at competitive rates.
Make the Most of Ramadan with Edwards & Towers
Here at Edwards & Towers, we help buyers, sellers, and investors navigate Dubai’s dynamic real estate market—ensuring they seize the right opportunities at the right time. Whether you're looking for an investment property, a dream home, or expert advice on when to list, our team is here to guide you every step of the way.
Get in touch with us today and make this Ramadan the perfect time to invest: https://edwardsandtowers.com/contact-us
