Dubai Harbour Apartments Q1 2025 Resale Report
(1st January - 31th March 2025)
AED 3,826
Average price per sq. ft
Compared to Q1 2024
197 resale transactions
AED 1.028B total resale value
Apartments in Dubai Harbour Q1 2025 Resale Report
Executive Summary
Resale inventory in Dubai Harbour during Q1 2025 split nearly evenly between off-plan units (51.8 percent of resale transactions) and ready properties (48.2 percent of resale transactions). The off-plan primary market in Dubai Harbour recorded 347 transactions in Q1 2025 with a total value of AED 2,610,921,455. Three-bedroom resale transactions in Dubai Harbour totaled 43 units in Q1 2025 at an average price of AED 7,777,432, while four-bedroom units saw 6 transactions at an average price of AED 15,200,000.
Key Facts
- In Q1 2025, the average resale price per square foot for apartments in Dubai Harbour reached AED 3,826, representing a 10.5% year-over-year increase.
- Dubai Harbour recorded 197 resale apartment transactions in Q1 2025, up 12.6% compared to the same quarter in 2024.
- The total value of resale apartment transactions in Dubai Harbour during Q1 2025 was AED 1,027,585,373, marking a 34.3% year-over-year rise.
- Off-plan properties accounted for 51.8% of resale transactions in Dubai Harbour apartments during Q1 2025, while ready units represented 48.2%.
- Two-bedroom apartments led resale activity in Dubai Harbour during Q1 2025 with 75 transactions at an average price of AED 5,115,568, reflecting a 19.0% year-over-year increase in transaction count.
- Three-bedroom apartment resales in Dubai Harbour totaled 43 transactions in Q1 2025 at an average price of AED 7,777,432, with transaction volume up 39.0% year-over-year.
- One-bedroom apartments in Dubai Harbour recorded 73 resale transactions in Q1 2025 at an average price of AED 2,990,249, though transaction count declined 4.0% 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 - Dubai Harbour Apartments
Average Price per Sq. Ft - Dubai Harbour Apartments
| Period | Average Price per Sq. Ft (AED) |
|---|---|
| Q1 2024 | 3,460 |
| Q2 2024 | 3,552 |
| Q3 2024 | 3,562 |
| Q4 2024 | 3,608 |
| Q1 2025 | 3,826 |
Source: Property Monitor, Metropolitan Premium Properties Analysis
How did Dubai Harbour Apartments transactions split between off-plan and ready in Q1 2025?
In Q1 2025, off-plan apartment transactions in Dubai Harbour accounted for 51.8% of total deals, narrowly exceeding ready property transactions at 48.2%, indicating a near-even split in buyer activity between completed and under-construction units. By transaction value, off-plan sales represented 52.9% of total consideration versus 47.1% for ready properties, a distribution closely mirroring the transaction count. The modest 1.1 percentage point gap between off-plan's share by value (52.9%) and its share by count (51.8%) suggests minimal difference in average deal size between the two completion categories during the quarter.
Which Apartments bedroom configurations recorded the highest resale activity in Dubai Harbour during Q1 2025?
In Q1 2025, Dubai Harbour apartments exhibited activity concentrated in one- and two-bedroom units, with 2 B/R configurations recording 75 transactions at an average price of AED 5,115,568 and 1 B/R units capturing 73 transactions at AED 2,990,249. The bedroom segments spanned a price range from AED 2,990,249 for one-bedroom apartments to AED 15,200,000 for four-bedroom units. Notably, 2 B/R apartments in Dubai Harbour experienced a 19.0% year-on-year increase in transaction count, while 3 B/R units posted a 39.0% rise to 43 transactions.
Performance by Bedroom Type
Price Insights by Bedroom
| Bedrooms | Avg Price | Price YoY | Transactions | Trans. YoY |
|---|---|---|---|---|
| 1 B/R | AED 2,990,249 | +12.6% | 73 | -4% |
| 2 B/R | AED 5,115,568 | +15.4% | 75 | +19% |
| 3 B/R | AED 7,777,432 | +12.3% | 43 | +39% |
| 4 B/R | AED 15,200,000 | +9.3% | 6 | +20% |
Transaction Distribution by Bedroom
Transaction Volume by Bedroom Type - Q1 2025
| Bedroom Type | Transactions |
|---|---|
| 1 B/R Bed | 73 |
| 2 B/R Bed | 75 |
| 3 B/R Bed | 43 |
| 4 B/R Bed | 6 |
Source: Property Monitor, Metropolitan Premium Properties Analysis
How did off-plan primary-market sales of Apartments in Dubai Harbour perform in Q1 2025?
In Q1 2025, off-plan primary market transactions in Dubai Harbour Apartments totaled 347 units valued at AED 2,610,921,455, representing increases of 10.5% and 27.3% year-on-year respectively. Off-plan activity substantially exceeded resale volume in the community during the same period, with off-plan transactions accounting for 347 units compared to 197 resale transactions. The off-plan segment also dominated by value, generating AED 2,610,921,455 against AED 1,027,585,373 in resale consideration during the quarter.
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 158,131 | +7.8% | 75 | +97% |
| 2 B/R | AED 249,956 | -1% | 77 | +108% |
| 3 B/R | AED 459,221 | -10.3% | 21 | +250% |
| 4 B/R | AED 517,924 | N/A | 1 | N/A |
Source: Property Monitor, Metropolitan Premium Properties Analysis
Dubai Apartments Market Context -- Q1 2025
Dubai's property market recorded 42,310 sale transactions and 155,219 rental transactions in Q1 2025, with rental activity representing the larger share of total transactions. Initial sales accounted for 62.6% of all Dubai sale transactions during the quarter, while resale properties comprised 37.4%. In the rental market across Dubai, contract renewals dominated at 65.8% of the 155,219 rental transactions, with new rental contracts representing 34.2%.
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 Dubai Harbour during Q1 2025?
How many resale apartment transactions occurred in Dubai Harbour in Q1 2025?
What was the total value of resale apartment transactions in Dubai Harbour for Q1 2025?
What was the average price for a two-bedroom resale apartment in Dubai Harbour in Q1 2025?
How did off-plan and ready property transactions compare in Dubai Harbour during Q1 2025?
What was the average sale price for a three-bedroom apartment in Dubai Harbour in Q1 2025?
How many primary market off-plan apartment transactions were recorded in Dubai Harbour during Q1 2025?
Methodology
This analysis of Dubai Harbour's resale apartment market in Q1 2025 draws on transaction records from Property Monitor, which aggregates Dubai Land Department registration data covering the period from January 1 to March 31, 2025. Year-on-year comparisons reference the equivalent quarter in 2024, with percentage changes calculated against those baseline figures for average price per square foot and transaction volume. The dataset distinguishes between resale and off-plan registrations based on transaction type coding at the time of filing, though it should be noted that registration timing may lag actual contract execution by several weeks, meaning transactions registered in Q1 2025 could reflect agreements concluded in late 2024, which may affect period-to-period comparability when interpreting short-term market movements.
Glossary
- PSF
- Price per square foot. A standardized metric dividing a property's total sale price by its area in square feet, enabling size-adjusted comparisons across units and developments.
- 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 properties change hands between private owners or investors after the initial developer sale, regardless of the property's original off-plan or ready status.
- Ready property
- A completed, habitable unit available for immediate occupancy or handover at the time of sale.
- Resale
- Any transaction where the seller is not the original developer, including both off-plan assignments and sales of completed units between private parties.
- Resale Off-Plan Origin
- A secondary-market transaction involving a unit that was originally purchased off-plan but is being resold before completion or handover.
- AED/sqft
- Price per square foot expressed in United Arab Emirates Dirhams, the local currency unit used for Dubai real estate pricing.
- Dubai Harbour
- A waterfront master development located between Dubai Marina and Palm Jumeirah, featuring residential towers, marina facilities, and beachfront access.
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