District One Apartments Q1 2025 Resale Report
(1st January - 31th March 2025)
AED 2,163
Average price per sq. ft
Compared to Q1 2024
57 resale transactions
AED 134.1M total resale value
Apartments in District One Q1 2025 Resale Report
Executive Summary
One-bedroom units led resale activity in District One Apartments during Q1 2025 with 36 transactions at an average price of AED 1,742,091, though transaction count fell 49.0% year-over-year. Two-bedroom apartments recorded 18 transactions in the quarter at an average price of AED 2,805,287, with transaction count declining 22.0% year-over-year. Off-plan primary market activity in District One Apartments remained minimal in Q1 2025, with two off-plan transactions totaling AED 18,532,600.
Key Facts
- District One Apartments recorded an average resale price per square foot of AED 2,163 in Q1 2025, representing an 8.7% year-over-year increase.
- Resale transaction volume in District One Apartments totaled 57 units in Q1 2025, down 45.7% compared to the same quarter in 2024.
- The total value of resale transactions in District One Apartments reached AED 134,073,252 in Q1 2025, a decline of 41.9% year-over-year.
- Ready properties accounted for 91.2% of resale transactions in District One Apartments during Q1 2025, with off-plan comprising the remaining 8.8%.
- One-bedroom apartments led resale activity in District One Apartments with 36 transactions in Q1 2025, achieving an average price of AED 1,742,091, though transaction count fell 49.0% year-over-year.
- Two-bedroom apartments recorded 18 resale transactions in District One Apartments during Q1 2025 at an average price of AED 2,805,287, with transaction count declining 22.0% year-over-year.
Key Performance Indicators
Key Performance Indicators
Resale - Q1 2025
Rental - Q1 2025
Source: Property Monitor, Metropolitan Premium Properties Analysis
Price Trend
Price Trend - District One Apartments
Average Price per Sq. Ft - District One Apartments
| Period | Average Price per Sq. Ft (AED) |
|---|---|
| Q1 2024 | 1,581 |
| Q2 2024 | 1,604 |
| Q3 2024 | 1,496 |
| Q4 2024 | 1,615 |
| Q1 2025 | 1,697 |
Source: Property Monitor, Metropolitan Premium Properties Analysis
How did District One Apartments transactions split between off-plan and ready in Q1 2025?
In Q1 2025, District One Apartments recorded a strong preference for ready properties, with 91.2% of transactions involving completed units compared to 8.8% for off-plan developments. By transaction value, ready properties accounted for 89.8% of total sales (AED terms) while off-plan captured 10.2%, indicating that the average off-plan transaction in District One Apartments carried a slightly higher unit price than ready deals during the quarter. The dominance of ready-property activity reflects buyer preference for immediate occupancy in this established Dubai district during Q1 2025.
Which Apartments bedroom configurations recorded the highest resale activity in District One during Q1 2025?
One-bedroom apartments dominated transactional activity in District One Apartments during Q1 2025, accounting for 36 sales at an average price of AED 1,742,091, though this represented a 49.0% year-on-year decline in transaction count. Two-bedroom units recorded 18 transactions at an average price of AED 2,805,287, down 22.0% year-on-year in volume. The price spread between these two reportable configurations was approximately AED 1.06 million, with two-bedroom apartments commanding the highest average sale price in the district during the quarter.
Performance by Bedroom Type
Price Insights by Bedroom
| Bedrooms | Avg Price | Price YoY | Transactions | Trans. YoY |
|---|---|---|---|---|
| 1 B/R | AED 1,742,091 | +12.1% | 36 | -49% |
| 2 B/R | AED 2,805,287 | -0.6% | 18 | -22% |
| 3 B/R | AED 4,181,400 | -10.7% | 2 | -78% |
| 4 B/R | AED 12,500,000 | +87.7% | 1 | -50% |
Transaction Distribution by Bedroom
Transaction Volume by Bedroom Type - Q1 2025
| Bedroom Type | Transactions |
|---|---|
| 1 B/R Bed | 36 |
| 2 B/R Bed | 18 |
| 3 B/R Bed | 2 |
| 4 B/R Bed | 1 |
Source: Property Monitor, Metropolitan Premium Properties Analysis
How did off-plan primary-market sales of Apartments in District One perform in Q1 2025?
In Q1 2025, District One Apartments recorded zero off-plan transactions with a total value of AED 0, representing a decline from the prior year. The off-plan primary market showed no activity during the quarter, matching the resale market performance in the same period, which also registered zero transactions valued at AED 0. This absence of both developer-direct and secondary market sales indicates no recorded property transfers in District One Apartments during the first quarter of 2025.
Rental Summary
Rental Contract Distribution - Q1 2025
Contract Types
Rental Insights by Bedroom
| Bedrooms | Avg Rent | Price YoY | Transactions | Trans. YoY |
|---|---|---|---|---|
| 1 B/R | AED 110,591 | -1% | 109 | +85% |
| 2 B/R | AED 186,336 | -16.3% | 40 | +208% |
| 3 B/R | AED 273,654 | -34.8% | 5 | +400% |
| 5 B/R | AED 675,000 | +22.7% | 2 | +100% |
Source: Property Monitor, Metropolitan Premium Properties Analysis
Dubai Apartments Market Context -- Q1 2025
Dubai's real estate market recorded 42,310 sale transactions and 155,219 rental transactions in Q1 2025, with rental activity accounting for the majority of transaction volume across the emirate. Initial sales represented 62.6% of all sale transactions in Dubai during Q1 2025, while resale transactions comprised the remaining 37.4%. On the rental side, lease renewals constituted 65.8% of Dubai's rental contracts in Q1 2025, compared to 34.2% for new tenancy agreements, indicating that existing tenants predominantly remained in their properties during the quarter.
Dubai Overall Market Context
Dubai Apartments Market Totals - Q1 2025
| Category | Percentage |
|---|---|
| Initial Sale | 62.6% |
| Resale | 37.4% |
| Category | Percentage |
|---|---|
| New | 34.2% |
| Renewal | 65.8% |
Source: Property Monitor, Metropolitan Premium Properties Analysis
Frequently Asked Questions
What was the average price per square foot for resale apartments in District One during Q1 2025?
How many resale apartment transactions occurred in District One in Q1 2025?
What was the total value of resale apartment transactions in District One during Q1 2025?
What was the average price for a 1-bedroom resale apartment in District One in Q1 2025?
What was the average price for a 2-bedroom resale apartment in District One in Q1 2025?
What percentage of District One apartment transactions were for ready properties in Q1 2025?
How many off-plan primary market apartment transactions occurred in District One during Q1 2025?
Methodology
The figures presented in this report derive from Property Monitor's transaction register, which aggregates Dubai Land Department resale registrations for District One apartments between 1 January and 31 March 2025. Year-on-year comparisons reference the corresponding quarter in 2024, with percentage changes computed against those baseline values. The average price per square foot of AED 2,163 reflects a weighted mean across 57 resale transactions totaling AED 134,073,252 in aggregate consideration. Readers should note that resale registration data captures only completed secondary-market transfers and excludes developer direct sales; the two off-plan transactions recorded in the period, valued at AED 18,532,600, are reported separately and do not factor into the resale averages, meaning the headline per-square-foot figure applies exclusively to existing inventory changing hands between private parties.
Glossary
- PSF
- Price per square foot. A standard metric in Dubai real estate calculated by dividing a property's transaction price by its built-up area in square feet.
- Off-plan
- Properties purchased directly from developers before construction is complete, typically sold in phases during the development cycle.
- Secondary market
- The resale market where properties are sold between private parties rather than purchased directly from the original developer.
- Resale
- A transaction where an existing owner sells a property to a new buyer, as opposed to a direct developer sale.
- Ready property
- A completed, fully constructed property available for immediate occupancy and transfer of title.
- AED/sqft
- United Arab Emirates Dirham per square foot. The currency denomination used to express price per square foot in Dubai property transactions.
- Sale classification
- A categorization system distinguishing three types of Dubai transactions: Off-Plan Developer Sale, Resale Off-Plan Origin, and Resale.
- Transaction type
- A classification indicating whether a sale involves an Off-Plan property still under construction or an Existing completed property.
- Built-up area
- The total floor area of an apartment measured in square feet, including internal walls and structural elements, used as the denominator in PSF calculations.
- Resale Off-Plan Origin
- A property originally purchased off-plan from a developer that is subsequently resold by the buyer before or after completion.
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