- April 17, 2026
- 4
- News&Media
Dubai recorded total real estate transactions worth AED 1.49 billion on 19 December 2024. The transactions were split into two primary categories: Off-Plan properties and Ready properties.
Off-Plan Transactions
Off-Plan properties contributed 53.2% of the total transactions, amounting to AED 793.8 million. This category’s breakdown is as follows:
- Flats: AED 662.1 million (83.4% of Off-Plan total)
- Villas: AED 116.4 million (14.7% of Off-Plan total)
- Hotel Apartments & Rooms: AED 3.2 million (0.4% of Off-Plan total)
- Commercial Properties: AED 12.1 million (1.5% of Off-Plan total)
Ready Transactions
Ready properties accounted for 46.8% of the total, reaching AED 699.4 million. The sub-category contributions are:
- Flats: AED 540.6 million (77.3% of Ready total)
- Villas: AED 113.2 million (16.2% of Ready total)
- Hotel Apartments & Rooms: AED 18.6 million (2.7% of Ready total)
- Commercial Properties: AED 27.1 million (3.9% of Ready total)
Key Highlights
- Flats Dominate Transactions: Flats made up the majority of activity, contributing 81% of the overall total, with Off-Plan Flats leading their category and Ready Flats following closely.
- Consistent Villa Performance: Villas represented 15% of total transactions, with balanced activity in both Off-Plan and Ready segments.
- Hotel Apartments & Rooms: These niche properties contributed a modest 1% to the total but were present in both categories.
- Commercial Properties: Accounting for 3% of total transactions, Commercial properties saw higher values in the Ready segment compared to Off-Plan.
Public Appeal and Market Outlook
Dubai’s real estate market on 19 December 2024 showcased strong investor confidence across both Off-Plan and Ready properties. The dominance of Off-Plan properties indicates ongoing interest in future developments, while the significant Ready transactions reflect steady demand for immediate ownership.
The market’s diverse offerings, from flats and villas to niche commercial and hospitality properties, ensure Dubai remains a leading global real estate hub. This balance of categories continues to attract a broad range of investors and end-users, reinforcing the city’s position as a dynamic and resilient market.
Dubai Real Estate Market Review 20-Dec-2024
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