Dubai Real Estate Transactions as Reported on the 23rd of January 2025

The Dubai real estate market recorded AED 1.42 billion in total transactions on January 23, 2024, reflecting a vibrant and dynamic property sector. This report examines the contributions of off-plan and ready properties and delves into their subcategories for a comprehensive understanding of the market distribution.

Category Overview

1. Off-Plan Properties: AED 649.2 million (45.6% of total transactions)
2. Ready Properties: AED 775.2 million (54.4% of total transactions)

While ready properties led with a slightly higher share, off-plan transactions showcased strong demand for future developments, indicating continued investor confidence in Dubai’s real estate growth.

Off-Plan Properties: AED 649.2 Million

Off-plan properties accounted for 45.6% of the total market transactions. Within this category, flats dominated, while other subcategories played smaller roles.

• Flats: AED 477.6 million (73.6% of off-plan transactions)
• Villas: AED 163.9 million (25.3% of off-plan transactions)
• Hotel Apartments & Rooms: AED 6.03 million (0.9% of off-plan transactions)
• Commercial: AED 1.64 million (0.3% of off-plan transactions)

The off-plan segment reflects significant interest in flats and villas, reinforcing their appeal among investors seeking accessible and luxurious residential options.

Ready Properties: AED 775.2 Million

Ready properties contributed 54.4% to the day’s total, showcasing Dubai’s appeal for immediate ownership. Flats and villas led this category with notable transaction volumes.

• Flats: AED 506.3 million (65.3% of ready transactions)
• Villas: AED 135.6 million (17.5% of ready transactions)
• Hotel Apartments & Rooms: AED 55.7 million (7.2% of ready transactions)
• Commercial: AED 77.5 million (10.0% of ready transactions)

The ready market saw strong demand for flats, representing the majority of the category. Commercial properties also recorded significant activity, highlighting interest in business-focused assets.

Key Insights

• Ready properties dominated the day, with AED 775.2 million in transactions, underscoring Dubai’s robust secondary market.
• Off-plan properties continued to attract substantial investment, accounting for 45.6% of the total.
• Flats emerged as the most sought-after asset in both off-plan (73.6%) and ready (65.3%) categories, driven by urban living preferences and investment appeal.
• Villas demonstrated consistent demand across both segments, contributing significantly to their respective categories.

Conclusion

Dubai’s real estate market remains highly dynamic, balancing immediate ownership opportunities with future development investments. The consistent performance of flats and villas highlights their enduring appeal, while the diverse contributions of subcategories reflect the sector’s adaptability to a wide range of investor needs.

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