- April 17, 2026
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- News&Media
The Dubai real estate market showcased robust activity on December 17, 2024, with total transactions reaching AED 1,617,790,636. The market continues to demonstrate a significant preference for off-plan properties, while ready properties maintain steady traction, reflecting investor confidence across both segments. Below is a detailed breakdown of the transactions by category and sub-category:
Overall Performance
- Total Transactions: AED 1,617,790,636
- Off-Plan Properties: AED 1,062,740,722 (65.7%)
- Ready Properties: AED 555,049,914 (34.3%)
Off-plan properties accounted for the dominant share of total transactions, representing 65.7% of the market, indicating sustained investor interest in new developments with attractive payment plans and future value potential. Meanwhile, ready properties contributed 34.3% of the total, appealing to buyers seeking immediate ownership and rental opportunities.
Off-Plan Properties
The off-plan market segment recorded a total of AED 1,062,740,722, with the following breakdown by sub-categories:
- Flats: AED 871,037,425.1
- Contribution: 82% of the off-plan total
- Flats emerged as the clear frontrunner in the off-plan category, reflecting strong demand for affordable and mid-tier housing options.
- Villas: AED 170,823,401
- Contribution: 16.1% of the off-plan total
- Villas maintained a smaller but notable share, highlighting continued interest in premium residential spaces.
- Commercial: AED 18,922,040
- Contribution: 1.8% of the off-plan total
- The commercial segment, while modest, underscores steady interest in business-ready spaces for future use.
- Hotel Apartments & Rooms: AED 1,957,856
- Contribution: 0.2% of the off-plan total
- A niche segment with limited transactions, catering to specialized hospitality investments.
Ready Properties
The ready property segment saw transactions totaling AED 555,049,914, distributed across the following sub-categories:
- Flats: AED 397,200,034
- Contribution: 71.6% of the ready total
- Flats continued to dominate the ready market, indicating strong demand for immediate occupancy in residential units.
- Villas: AED 77,024,244
- Contribution: 13.9% of the ready total
- Villas, though secondary to flats, remain a key segment for luxury-ready property seekers.
- Commercial: AED 63,736,836
- Contribution: 11.5% of the ready total
- Commercial ready spaces showed a healthy share, reflecting business expansion and end-user demand.
- Hotel Apartments & Rooms: AED 17,088,800
- Contribution: 3.1% of the ready total
- A smaller yet steady category, signaling ongoing interest in hospitality-ready investments.
Key Insights
- Off-Plan Dominance: Off-plan properties led the market with a 65.7% share, driven primarily by the flats segment, which contributed a significant 82% to the off-plan category.
- Ready Market Stability: Ready properties contributed 34.3% of total transactions, with flats again leading the way at 71.6% of the ready segment.
- Flats as Market Drivers: Across both categories, flats emerged as the preferred asset class, capturing the majority share in off-plan and ready properties.
- Commercial Sector: The commercial sub-category, though smaller in scale, exhibited consistent activity in both off-plan and ready segments.
Conclusion
The real estate market on December 17, 2024, highlights Dubai’s strong position as a global property investment hub. The clear preference for off-plan flats, alongside steady demand for ready properties, reflects diverse investor appetite. As new developments enter the market and ready property prices stabilize, Dubai continues to cater to both end-users and investors seeking long-term value and immediate returns.
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