Real estate activity in five UAE emirates exceeded AED239 billion in the first quarter of this year, driven by strong investor confidence, supportive regulations, and a growing number of development projects, according to official figures.

From January to March, a total of 94,719 transactions, including sales, purchases, and mortgages, were recorded across Abu Dhabi, Dubai, Sharjah, Ajman, and Ras Al Khaimah, reflecting a strong beginning to the year for the country's property market.

Talal Al Dhiyebi, Group CEO of Aldar Properties, stated that the UAE’s real estate surge is driven by the nation’s wider economic and cultural advancements, positioning it as one of the most appealing global hubs for living, working, and investing, Zawya reports.

Speaking to the Emirates News Agency (WAM), he revealed that Aldar recorded AED8.9 billion in sales during the first quarter, a 42% increase compared to the same period last year, with occupancy rates across its portfolio surpassing 95% by the quarter’s end.

Abu Dhabi recorded AED25.3 billion in real estate transactions during the first quarter, marking a 34.5% increase compared to Q1 2024, according to the Abu Dhabi Real Estate Centre.

This included 3,819 sale deals valued at AED15.51 billion, up 26.7%, and 3,077 mortgage transactions totalling AED9.8 billion, a sharp 49% rise.

Meanwhile, Dubai led the market with AED193 billion in real estate transactions from 58,039 deals, reflecting a 16.2% increase in value and a 31.5% rise in volume year-on-year.

According to the Dubai Land Department, sales in the emirate reached AED142 billion from 45,077 transactions in Q1 2025, reflecting a 30% increase in value compared to the same period last year.

Furthermore, mortgage activity totalled AED41 billion across 10,949 deals, marking a 27% rise in volume. The remaining transaction value came from grants and property exchanges.

In Sharjah, property transactions hit AED13.2 billion from 24,597 deals, representing a 31.9% year-on-year increase, based on data from the Sharjah Real Estate Registration Department.

Ajman recorded AED5.55 billion in total real estate transactions during the first quarter, marking a 29% increase year-on-year. This included AED3.69 billion from 3,132 sales and purchase deals, and AED905 million from 498 mortgage transactions. The rest of the transaction value came from grants and property exchanges.

Whereas in Ras Al Khaimah, residential off-plan sales surpassed AED2.4 billion from over 1,300 transactions, according to a report by CBRE, underscoring sustained demand in the northern emirate’s housing sector.