Dubai Real Estate Transactions as Reported on the 03rd of March 2025

Dubai’s real estate market continues to demonstrate robust activity, with total transactions reaching AED 2.54 billion on March 3, 2024. This includes both off-plan and ready property transactions, reflecting strong investor confidence in both new developments and completed properties.

Off-Plan vs. Ready Market Performance

• Off-Plan Transactions: AED 1.54 billion (60.6% of total transactions)
• Ready Transactions: AED 1.00 billion (39.4% of total transactions)
• The off-plan market dominated the day’s transactions, accounting for 60.6% of the total value, signaling continued interest in new developments. The ready market, comprising completed properties, contributed 39.4%, showcasing demand for move-in-ready investments.

Breakdown of Off-Plan Transactions

The off-plan segment recorded AED 1.54 billion in transactions, with the following distribution across asset types:

• Flats: AED 1.13 billion (73.3% of off-plan transactions)
• Villas: AED 281.95 million (18.3%)
• Hotel Apartments & Rooms: AED 28.34 million (1.8%)
• Commercial Properties: AED 101.50 million (6.6%)

Flats continued to drive off-plan sales, contributing a dominant 73.3% of this segment, highlighting investor preference for residential apartments in under-construction projects. Villas made up 18.3%, while commercial properties contributed 6.6%, showing sustained demand for business spaces.

Breakdown of Ready Transactions

Ready properties recorded AED 1.00 billion in sales, distributed as follows:

• Flats: AED 580.16 million (57.9% of ready transactions)
• Villas: AED 213.35 million (21.3%)
• Hotel Apartments & Rooms: AED 92.92 million (9.3%)
• Commercial Properties: AED 115.80 million (11.6%)

In the ready market, flats accounted for 57.9%, indicating a strong preference for immediate occupancy in residential units. Villas represented 21.3%, while commercial properties contributed 11.6%, reinforcing the appeal of fully developed business spaces.

Market Insights

• Off-Plan Dominance: The significant 60.6% share of off-plan properties highlights strong investor confidence in Dubai’s future growth, infrastructure development, and real estate value appreciation.
• Ready Market Strength: Despite the off-plan segment leading the day’s transactions, the 39.4% share of ready properties underscores sustained demand for immediate occupancy and rental investments.
• Residential Preference: Across both segments, flats emerged as the top-performing asset, capturing 73.3% of off-plan sales and 57.9% of ready transactions, making them the preferred choice for investors and homebuyers.
• Commercial Stability: Commercial transactions in both categories contributed a combined AED 217.3 million, reflecting steady demand for business spaces.

Conclusion

Dubai’s real estate market remains highly dynamic, with off-plan properties leading investor interest due to attractive payment plans and future capital appreciation. Meanwhile, the ready property market continues to attract end-users and rental investors, ensuring a balanced growth trajectory.

As new developments continue to shape the skyline, the interplay between off-plan and ready properties will be critical in defining the city’s real estate landscape in the months ahead.

Dubai Real Estate Market Review 04-Mar-2025

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