Al Furjan Apartments Q1 2025 Resale Report

(1st January - 31st March 2025)

20

AED 1,267

Average price per sq. ft

Compared to Q1 2024

26.8

251 transactions

50.2

AED 282.7M total resale value

Apartments in Al Furjan Q1 2025 Resale Report

Executive Summary

One-bedroom apartments led resale activity with 82 transactions in Q1 2025, reflecting a 64.0% year-over-year increase in transaction count and an average price of AED 978,151. Studio apartments recorded 76 transactions at an average price of AED 599,712 in Q1 2025, with transaction count up 10.0% year-over-year. Two-bedroom units saw 68 transactions at an average price of AED 1,509,738 in Q1 2025, while three-bedroom units totaled 25 transactions at an average price of AED 2,169,414. The off-plan primary market in Al Furjan recorded 358 transactions with a total value of AED 554,877,856 in Q1 2025, compared to 251 resale transactions.

Key Facts

  • In Q1 2025, the average resale price per square foot for apartments in Al Furjan reached AED 1,267, an increase of 20.0% year-over-year.
  • Al Furjan recorded 251 resale apartment transactions in Q1 2025, representing a 26.8% increase compared to the same period in 2024.
  • The total value of resale apartment transactions in Al Furjan during Q1 2025 was AED 282,683,990, up 50.2% year-over-year.
  • Ready properties accounted for 79.3% of resale transactions in Al Furjan during Q1 2025, while off-plan completions represented 20.7%.
  • One-bedroom apartments led resale activity in Al Furjan during Q1 2025 with 82 transactions at an average price of AED 978,151, a 64.0% increase in transaction count year-over-year.
  • Studio apartments in Al Furjan recorded 76 resale transactions in Q1 2025 at an average price of AED 599,712, with transaction volume up 10.0% year-over-year.
  • Two-bedroom apartments in Al Furjan saw 68 resale transactions during Q1 2025 at an average price of AED 1,509,738, with transaction count rising 10.0% year-over-year.

Key Performance Indicators

Key Performance Indicators

Resale - Q1 2025

Total Resale Value AED 282.7M
+50.2% YoY
Avg Sale Price per Sq. Ft AED 1,267
+20% YoY
Resale Transactions 251
+26.8% YoY

Rental - Q1 2025

Gross Rental Yield 7.29%
Avg Rent per Sq. Ft AED 90
+12.5% YoY
Rental Contracts 1,094
+123.7% YoY

Source: Property Monitor, Metropolitan Premium Properties Analysis

Price Trend

Price Trend - Al Furjan Apartments

Average Price per Sq. Ft - Al Furjan Apartments

Line chart showing Average Price per Sq. Ft - Al Furjan Apartments with 5 data points from Q1 2024 to Q1 2025.
Al Furjan Apartments - Average Price per Sq. Ft over quarterly periods
Period Average Price per Sq. Ft (AED)
Q1 2024 1,056
Q2 2024 1,071
Q3 2024 1,137
Q4 2024 1,178
Q1 2025 1,266

Source: Property Monitor, Metropolitan Premium Properties Analysis

How did Al Furjan Apartments transactions split between off-plan and ready in Q1 2025?

In Q1 2025, ready apartments dominated Al Furjan transaction activity, accounting for 79.3% of all deals and 73.5% of total transaction value, while off-plan units represented 20.7% of transactions and 26.5% of value. The higher value share relative to transaction count for off-plan properties indicates that the average off-plan deal in Al Furjan commanded a premium over ready units during the quarter. Buyers in Al Furjan showed a clear preference for immediate-occupancy stock, with ready apartments generating nearly four times the transaction volume of off-plan alternatives in Q1 2025.

Completion Status

Completion Status: Al Furjan Q1 2025

Off-plan: 20.7%, Ready: 79.3%.
Al Furjan Q1 2025 - Completion Status (transactions and AED value) -- Transactions
Category Percentage
Off-plan20.7%
Ready79.3%
Off-plan: 26.5%, Ready: 73.5%.
Al Furjan Q1 2025 - Completion Status (transactions and AED value) -- AED Value
Category Percentage
Off-plan26.5%
Ready73.5%

Source: Property Monitor, Metropolitan Premium Properties Analysis

Which Apartments bedroom configurations recorded the highest resale activity in Al Furjan during Q1 2025?

In Q1 2025, one-bedroom apartments led Al Furjan's market activity with 82 transactions at an average price of AED 978,151, followed by studios (76 transactions, AED 599,712), two-bedroom units (68 transactions, AED 1,509,738), and three-bedroom configurations (25 transactions, AED 2,169,414). The price spread between studio and three-bedroom segments spanned from AED 599,712 to AED 2,169,414 in Al Furjan, Dubai. Year-on-year transaction volumes showed notable expansion in the one-bedroom segment (+64.0%) and three-bedroom category (+47.0%), while studios and two-bedroom units each recorded +10.0% growth in Al Furjan during the quarter.

Performance by Bedroom Type

Price Insights by Bedroom

Al Furjan Q1 2025 - Bedroom-level Resale Insights
Bedrooms Avg Price Price YoY Transactions Trans. YoY
Studio AED 599,712 +17.3% 76 +10%
1 B/R AED 978,151 +13.9% 82 +64%
2 B/R AED 1,509,738 +21.6% 68 +10%
3 B/R AED 2,169,414 +11.6% 25 +47%

Transaction Distribution by Bedroom

Transaction Volume by Bedroom Type - Q1 2025

Bar chart showing Transaction Volume by Bedroom Type - Q1 2025 with 4 categories.
Transaction Volume by Bedroom Type - Q1 2025
Bedroom Type Transactions
Studio Bed76
1 B/R Bed82
2 B/R Bed68
3 B/R Bed25

Source: Property Monitor, Metropolitan Premium Properties Analysis

How did off-plan primary-market sales of Apartments in Al Furjan perform in Q1 2025?

In Q1 2025, off-plan apartment transactions in Al Furjan totaled 358 units with a combined value of AED 554,877,856. Off-plan transaction volume in the community was higher than resale activity, which recorded 251 transactions valued at AED 282,683,990 during the same period. Primary market sales represented the majority of apartment transaction activity in Al Furjan for the quarter.

Rental Summary

Rental Contract Distribution - Q1 2025

Contract Types

New Contracts 54.2%
Renewals 45.8%

Rental Insights by Bedroom

Al Furjan Q1 2025 - Bedroom-level Rental Insights
Bedrooms Avg Rent Price YoY Transactions Trans. YoY
Studio AED 49,087 +5.9% 308 +107%
1 B/R AED 66,879 +12.8% 427 +153%
2 B/R AED 96,474 +20% 294 +112%
3 B/R AED 130,004 +14.9% 62 +94%

Source: Property Monitor, Metropolitan Premium Properties Analysis

Dubai Apartments Market Context -- Q1 2025

Dubai's property market in Q1 2025 recorded 42,310 sale transactions and 155,219 rental transactions, with rental activity accounting for the larger share of total market volume. Within the sales segment, initial sales represented 62.6% of transactions (compared to 37.4% resale activity), indicating that new unit handovers and off-plan completions drove the majority of purchase activity across Dubai during the quarter. In the rental market, lease renewals comprised 65.8% of all rental contracts, while new tenancies accounted for 34.2%, reflecting a market where most tenants opted to remain in their existing properties. This Dubai-wide context provides the benchmark against which Al Furjan Apartments performance can be assessed.

Dubai Overall Market Context

Dubai Apartments Market Totals - Q1 2025

Sales
Total Value AED 114.479B
Transactions 42,310
Value YoY +29.7%
Rentals
Total Value AED 12.818B
Contracts 155,219
Value YoY +109.1%
Initial Sale: 62.6%, Resale: 37.4%.
Dubai Overall Market - Sale Split
Category Percentage
Initial Sale62.6%
Resale37.4%
New: 34.2%, Renewal: 65.8%.
Dubai Overall Market - Rental Contract Split
Category Percentage
New34.2%
Renewal65.8%

Source: Property Monitor, Metropolitan Premium Properties Analysis

Frequently Asked Questions

What is the average price per square foot for resale apartments in Al Furjan?
In Q1 2025, the average price per square foot for resale apartments in Al Furjan was AED 1,267, an increase of 20.0% year-over-year.
How many resale apartment transactions occurred in Al Furjan in Q1 2025?
Al Furjan recorded 251 resale apartment transactions in Q1 2025, representing a 26.8% increase compared to the same period in 2024.
What was the total transaction value for resale apartments in Al Furjan?
The total transaction value for resale apartments in Al Furjan reached AED 282,683,990 in Q1 2025, up 50.2% year-over-year.
What is the average price of a studio apartment in Al Furjan?
In Q1 2025, studio apartments in Al Furjan sold for an average of AED 599,712, with 76 transactions recorded during the quarter.
What is the average resale price for a two-bedroom apartment in Al Furjan?
Two-bedroom resale apartments in Al Furjan averaged AED 1,509,738 in Q1 2025, based on 68 transactions.
What percentage of Al Furjan apartment resales were ready properties versus off-plan?
In Q1 2025, ready properties accounted for 79.3% of resale transactions in Al Furjan, while off-plan represented 20.7%.
How many off-plan apartment transactions were there in Al Furjan primary market?
The off-plan primary market in Al Furjan recorded 358 apartment transactions totaling AED 554,877,856 in Q1 2025.

Methodology

This quarterly resale market report for Al Furjan apartments draws on Property Monitor's transaction register, which aggregates Dubai Land Department resale registrations recorded between 1 January and 31 March 2025. Year-on-year comparisons reference the corresponding quarter in 2024, with the average price per square foot of AED 1,267 representing a 20.0% increase and the transaction count of 251 units marking a 26.8% rise over the prior-year period. Readers should note that resale transactions reflect secondary-market activity only and exclude off-plan sales, which totaled 358 transactions in the same quarter; this distinction means that pricing dynamics and volume trends may not capture the full spectrum of buyer activity or developer inventory released during the period under review.

Glossary

PSF
Price per square foot. A standardized metric dividing a property's sale price by its total area in square feet, enabling comparison across units of different sizes.
Off-plan
A property sold by a developer before construction is complete, typically purchased through a payment plan during the building phase.
Secondary market
The resale market where existing properties change hands between private parties, as opposed to new units sold directly by developers.
Ready property
A completed, habitable unit available for immediate occupancy, as distinct from properties still under construction.
Resale
A transaction where an owner sells a property to another buyer, encompassing both off-plan units being flipped and completed ready properties.
AED/sqft
The price in United Arab Emirates Dirhams per square foot of built-up area, the standard unit for expressing property prices in Dubai.
Resale Off-Plan Origin
A classification for properties originally purchased off-plan that are being resold before completion or handover to a new buyer.
Off-Plan Developer Sale
A transaction where a developer sells a unit directly to a buyer before construction is finished, representing first-hand purchase from the original seller.
Al Furjan
A master-planned residential community in Dubai offering a mix of villas, townhouses, and apartment buildings with family-oriented amenities and facilities.
Apartment
A self-contained residential unit within a multi-unit building, typically classified by bedroom count and sharing common facilities with other units in the development.

Source: Property Monitor, Metropolitan Premium Properties Analysis

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