Dubai Real Estate Transactions as Reported on the 29th of January 2025

The Dubai real estate market continues to showcase robust activity, with a total transaction value of AED 1,353,874,924 recorded on January 29, 2024. This report provides an in-depth analysis of the distribution between off-plan and ready properties and their respective contributions to the overall market.

Market Breakdown: Off-Plan vs. Ready Properties

The market composition reflects a continued investor interest in off-plan properties, which accounted for AED 802,857,704, representing 59.3% of total transactions. Meanwhile, the ready property segment recorded AED 551,017,220, contributing 40.7% to the total transaction value.

Off-Plan Transactions: Dominance of Flats

Within the off-plan category, flats led the segment with a transaction volume of AED 541,665,256, accounting for 67.5% of all off-plan transactions.

• Villas followed, securing AED 249,814,876, representing 31.1% of the off-plan sector.
• Hotel apartments & rooms saw limited activity with AED 7,110,055 (0.9%).
• Commercial properties contributed AED 4,267,517, making up 0.5% of off-plan transactions.

The dominance of flats in the off-plan segment highlights strong demand from investors seeking high-yield opportunities in emerging developments.

Ready Transactions: Balanced Growth Across Segments

The ready property market showed a more balanced distribution across various subcategories, with flats again leading the way at AED 349,517,354, accounting for 63.4% of all ready transactions.

• Villas recorded AED 100,634,459, contributing 18.3% to the ready property segment.
• Hotel apartments & rooms had a transaction volume of AED 21,525,953, making up 3.9% of the segment.
• Commercial properties demonstrated a strong presence with AED 79,339,454, accounting for 14.4% of all ready transactions.

Key Takeaways and Market Trends

1. Off-plan properties continue to drive the market, constituting nearly 60% of all transactions. This trend indicates sustained investor confidence in Dubai’s long-term real estate growth.
2. Flats remain the most sought-after asset, dominating both off-plan and ready markets, with a combined value exceeding AED 891 million.
3. Villas maintain strong demand, particularly in the off-plan segment, where they hold over 31% of transactions.
4. Commercial properties show resilience, contributing meaningfully to both off-plan and ready sectors.

Conclusion

Dubai’s real estate market remains dynamic, with off-plan developments attracting the majority of investments. While flats continue to dominate the transaction landscape, villas and commercial properties are also demonstrating steady growth. As the emirate advances towards its strategic vision, investor confidence remains strong, reinforcing Dubai’s position as a leading global real estate hub.

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