Breaking news

Dubai Real Estate Prices Surge 26.5% In February 2025

by THEFUTURE.TEAM

March 11, 2025

Dubai’s real estate market is showing no signs of slowing down. February 2025 saw a remarkable 26.5% year-on-year rise in property prices, underscoring the city’s enduring appeal to investors. While growth slowed slightly in comparison to previous months, the ValuStrat Price Index still posted a solid 1.6% monthly increase, taking the index to 207.5 points. This was fueled by continued strong demand across both villas and apartments.

Villas remain the standout performers. Capital values surged by 30.8% compared to the same time last year, with notable growth seen in upscale areas like Jumeirah Islands, which saw a massive 42.3% increase, and Emirates Hills, which rose by 31.2%. Despite a dip in the pace of growth (down to 2% monthly from 2.7% in January), villa values remain a significant draw for investors. Freehold villas are now valued 57% above the previous market peak and 160% higher than post-pandemic levels.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

The Apartment Market: Stability Amidst Steady Growth

Apartments, while showing more modest gains, still recorded an impressive 22.2% increase in annual growth. Monthly rises of 1.2% in February (slightly down from January’s 1.4%) were noted, with standout areas like The Greens (28.9%) and Palm Jumeirah (26.3%) leading the charge. Notably, apartments are still priced 9% below their peak but have recovered sharply, sitting 65% higher than the post-pandemic trough.

Though apartment price growth is less spectacular than villas, it’s clear that Dubai’s apartment market remains strong, with areas like the Dubailand Residence Complex and The Views reporting solid annual gains of around 25%. Meanwhile, international investors continue to flock to areas such as International City and Dubai Sports City, where growth was more modest but still steady.

Off-Plan Demand Hits New Heights

The off-plan property segment is becoming an increasingly crucial driver of Dubai’s real estate activity. February saw a dramatic 59.5% annual increase in off-plan sales, accounting for a whopping 70.8% of all transactions. High-demand locations like Jumeirah Village Circle, The Vally, and Damac Island City were among the most sought after, while Dubai Silicon Oasis saw a record number of off-plan homes traded.

On the other hand, ready homes are still a significant part of the market, with transactions up by 12.8% month-on-month and 9.8% year-on-year. February saw 31 high-value transactions above AED30 million, including prime properties in Dubai Hills Estate and Palm Jumeirah. Emirates Hills also broke records for the highest number of ready homes sold in a month, further solidifying its status as a luxury hotspot.

Dubai’s Unstoppable Market: Record Sales And Global Appeal

In terms of overall sales, February was a historic month. Property transactions hit $13.91 billion, a staggering 39.91% increase compared to the same month in 2024. With 16,099 transactions recorded, February 2025 ranks as one of the highest sales volumes on record. Over the past five years, the value of real estate sales in Dubai has skyrocketed, jumping by an eye-popping 449% from AED9.3 billion in 2020 to AED36.5 billion in 2024.

This meteoric rise is a clear sign that the Dubai real estate market is not only resilient but expanding at an unprecedented pace, with both local and international buyers continuing to seek investment opportunities in the emirate’s thriving sector. The future looks equally promising as demand shows no signs of waning.

The Future Forbes Realty Global Properties

Cyprus Weekly Working Hours Hold Steady In 2025

Cyprus Maintains Steady Work Week

Employees in Cyprus worked an average of 37.7 hours per week in 2025, virtually unchanged from 37.8 hours recorded a decade earlier, according to Eurostat data. The figures cover employed people aged 20 to 64 in both full-time and part-time positions and point to relatively stable working patterns despite broader shifts across the European labour market.

Gender Disparities In Workload

Working hours continued to vary by gender. Men in Cyprus worked an average of 39 hours per week, while women averaged 36.3 hours. The gap highlights differences in labour market participation and working arrangements, reflecting trends seen across many European economies.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

Comparative Insights Across The European Union

Across the European Union, average actual working hours declined from 36.9 hours in 2015 to 35.9 hours in 2025. Against that backdrop, Cyprus recorded one of the more stable trends in the bloc, with average working hours remaining largely unchanged over the past decade.

Highest And Lowest Average Hours In The EU

Greece recorded the longest average work week in the EU at 39.6 hours, followed by Bulgaria and Poland at 38.7 hours and Lithuania at 38.4 hours. At the other end of the scale, the Netherlands reported the shortest average work week at 31.9 hours. Denmark and Germany followed at 33.9 hours, while Austria recorded an average of 34 hours. The figures highlight significant differences in working patterns across European labour markets.

Occupational Variances In Work Hours

Working hours also varied considerably by profession. Skilled workers in agriculture, forestry and fishing recorded the longest average work week at 42 hours, followed by managers at 40.6 hours and armed forces personnel at 39.4 hours. Among occupations with shorter working hours, elementary occupations averaged 31.8 hours per week. Administrative support staff worked an average of 34 hours, while service and sales workers averaged 34.5 hours. The data illustrate how working time continues to differ across sectors and occupations, reflecting varying labour demands and employment structures throughout the EU.