March 2025 Dubai Real Estate

Monthly Market Report

The sea of stars, the sky of clouds and moons

STAMN  DEVELOPMENT

1

Off-plan market in March

According to DXB (Dubai Land Authority's official website), a total of 8,465 units were sold in Dubai's off-plan market in March, down 20.19% month-on-month and up 10.8% year-on-year, while off-plan transactions amounted to 23.4 billion dirhams, down 26.18% month-on-month and up 1.9% compared to last year, and the average price was AED 1,670/sq ft, up 9.3% year-on-year in March 2024. Due to the impact of Ramadan, the transaction volume of Dubai's real estate market has declined.

Among them, a total of 6,664 apartments were sold, with sales reaching 13 billion dirhams, down 8% year-on-year and 8.53% month-on-month;

A total of 882 off-plan villas were sold, with sales of AED 3.5 billion, down 41.3 per cent year-on-year and 68.58 per cent month-on-month.

The highest number of units transacted in the off-plan area is JVC; They are followed by Business Bay, Dubai South, Me'Aisem First, and Dubai Marina. Although the overall market is greatly affected by Ramadan, transactions in areas near the city center have risen;

It can be seen from the purchase budget of the transaction that the group with a budget of less than 200W AED is still the mainstream price, accounting for 70% of the transaction, among which studio and one-room products are the first choice for this type of customer;

The top five transacted areas in the off-plan villa market are Al Yufrah1, Wadi Al Safa5, Al Yelayiss 1, Dubai South and Madinat Hind 4.

In the total transaction price, it can be seen that 200-5 million is the mainstream of the transaction, accounting for 70% of the transaction, of which 3-bedroom villas are the first choice for such customers;

2

Existing home market in March

Dubai's existing home market sold a total of 6,592 units in March, up 28.3 per cent year-on-year, with sales reaching Dh23.7 billion, up 66 per cent year-on-year, and an average unit price of Dh1,475 per square foot, up 12.5 per cent year-on-year.

Among them, a total of 4,905 existing apartments were traded, up 27.6% year-on-year, with a total sales of 9.6 billion dirhams, while 653 villas were traded, down 26.1 percent year-on-year, with a transaction value of 3.1 billion dirhams, compared with February, the villa market declined significantly.

JVC, Dubai Marina and Business Bay are in the top three in the existing condominium market, with investors clearly favouring areas that offer high rental returns and are close to the city centre. Reflecting the market's continued interest in core locations and high yields, investors generally value the stable growth potential and liquidity of these areas in the future market.

In the total transaction price, it can be seen that properties with a budget of less than 1 million dirhams are the mainstream price, accounting for 39% of the transactions, of which studio and 1 room are the first choice for such customers;

In the existing villa market, buyers pay more attention to the development of the area and the convenience of transportation, and choose the area close to the highway or subway; The top three transactions were wadi al safa5, Jabal Ali First, and Dubai South.

In the total transaction price, it can be seen that compared with the villa off-plan market, existing home customers pay more attention to experience and quality of life, with customers with more than 3 million transactions accounting for 73%;

[Note: Data from DXB]

New projects

Dubai-STAMN ONE ▼

Comes with the halo of the protagonist: the hardcore location of the main city, and you can enjoy the all-round package

Hardcore location, urban C position

Located in the heart of Dubai - Jumeirah Garden City, surrounded by complete supporting facilities, the financial center, DOWNTOWN, business port, future museum and other surrounding projects; There are 10 shopping malls or malls or large commercial blocks within 3 kilometers of the surrounding area.

Convenient transportation, smooth access to the whole city

      The traffic is smooth throughout the city, enjoying an aorta and three urban arterial roads, and it also has two subway lines and a regional general bus station, and a 10-minute traffic circle can reach the city center, the beach, the old city center, the financial center, etc.

The first choice for living life: a vibrant rest space, a smart home for the future

A vibrant rest space to enjoy the beauty of life

      The STAMN ONE project plans and designs two themed rest spaces, the sky garden is mainly for leisure and entertainment, children's play space, and is built with node-type landscape to present a high-quality home life; The Starry Sky Oxygen Bar combines a large shared swimming pool and a number of sports facilities to create a home life for all ages;

Smart home, experience the life of science and technology

      The Stamn ONE project is equipped with a variety of high-end smart home systems, making residents more relaxed, more humane, and more convenient in life.

Exquisite life scenes, multi-dimensional space enjoyment

Stamn One project is planned and designed with 77 units, with a small number of households and high privacy; There are studios (441-518Sqf), 1BR (828-1439Sqf), and 2BR (1031Sqf). Using all-bright floor-to-ceiling window design, the brightness of the home, that is, the temperature of life, only a comfortable scale and width, in order to create a more comfortable home, for the elite of the high-income class, there is a temperature, a small home with style can unload the fatigue of the day.

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Company Profile

Dubai-STAR AND MOON  Real Estate Company▼

Dubai STAR AND MOON Real Estate is an independent overseas branch of Xinwan Holdings, a group company headquartered in Nanchang, Jiangxi, China, with 30 years of comprehensive development experience.

Xinwan Holding Group is a comprehensive and diversified large-scale growth group company, which was founded in 1993 and is headquartered in Shenzhen, Guangdong-Hong Kong-Macao Greater Bay Area. The Group has a number of core business subsidiaries, such as Shenzhen Causeway Bay Cultural Tourism Group Co., Ltd., Jiujiang Causeway Bay Investment Co., Ltd., Shenzhen Shifang Commercial Management Co., Ltd., Fuhang Commercial Management Co., Ltd., etc.

The Group has always adhered to the corporate mission of "lighting up the city and creating a better life", continued to practice the brand concept of "making a new life more beautiful with heart", implemented the development goal of "shaping new landmarks in the city and activating a new life of cultural tourism", and gradually moved towards the innovation of a comprehensive cultural, commercial and tourism group in collaboration with the four core sectors of commercial development and operation, cultural and tourism landmark building, comprehensive real estate development and asset management, so as to build a sustainable and upward urban value and a better life.

Since its development, the group has invested more than 4 million square meters in development area, nearly 1.2 million square meters of self-owned properties, and invested more than 30 billion yuan in foreign countries.

Representative Cases:

▲Lushan ° Causeway Bay Square

▲Shenzhen ° Rong Yue Shifangli

▲ Lotus ° Causeway Bay Plaza

▲ camphor tree ° three emperors

......

STAR AND MOON Real Estate - Xinwan Group's overseas company, the future business development model is "driven" by four modules, namely real estate development and operation, commercial investment and operation, real estate sales and leasing, and immigration and study abroad services, and the four major sectors assist each other and integrate and develop each other; The company is committed to building the four core sectors of Dubai's real estate-related chain business, establishing a solid professional foundation, and providing customers with a full range of products and services.

In 2024, STAR AND MOON Real Estate will develop with the four major business models of "development + marketing + business + immigration and study", first breaking through to business, with the help of commercial operations, settling in Dubai with an asset-light model, endorsing customers and peers in the form of asset-light, followed by real estate development, taking asset-heavy development as a flashpoint, demonstrating the company's professional ability and financial strength, so that more customers and peers can trust the company, and re-marketing, immigration, and study abroad will attract traffic, and push the company's development to a new height.

New projects

Dubai-STAMN ONE ▼

STAMN ONE is a new comfort residential building developed by STAMN in Dubai-Jumeirah Garden City.

The project is planned and designed with 77 sets, with a small number of households and high privacy; There are studio441-518Sqf and 1BR828-1439Sqf. The project creates exclusive theme landscapes, fitness facilities, swimming pools and other complete living facilities for the owners. Jumeirah Garden City is the heart of Downtown Dubai, with convenient transport links and lifestyle facilities, and a 10-minute traffic radius to the city centre, the beach, the old city centre, the financial centre and the MRT station entrances. Residents living here can fully enjoy the bustling city of Dubai, a vibrant and cosmopolitan city.

▲Project renderings

Contact us to create a better tomorrow together

Office address: Office 1106, Court Tower, Business Bay, Dubai, UAE

Company email: info@stamndevelopment.com

Phone: +971 4 332 6668