Dubai Real Estate Transactions as Reported on the 13th of February 2025

Transaction Value Exceeds AED 1.76 Billion, With Strong Off-Plan Market Activity

The Dubai real estate market continues to demonstrate resilience and investor confidence, with total property transactions reaching AED 1.76 billion on 13 February 2024. This surge in activity underscores the city’s growing appeal for both off-plan and ready property investments.

Off-Plan Market Performance

The off-plan segment contributed AED 1.03 billion, accounting for 58.7% of the total transactions, reflecting a strong preference for new developments and future-ready investments. Within this category:

• Flats emerged as the dominant segment, with transactions worth AED 734.7 million, representing 71.1% of the off-plan market.
• Villas followed with AED 271 million, making up 26.2% of off-plan sales, showcasing sustained demand for luxury and family-oriented living spaces.
• Hotel Apartments & Rooms recorded a modest AED 5.6 million (0.5%), suggesting niche but steady investment interest in hospitality real estate.
• Commercial properties contributed AED 22.2 million, representing 2.1% of off-plan sales, indicating a selective approach to commercial investments in upcoming developments.

Ready Property Transactions

The ready property segment reached AED 727 million, constituting 41.3% of the total transactions, reflecting sustained investor interest in completed, move-in-ready properties. The breakdown of this category is as follows:

• Flats led the segment with AED 472.7 million, accounting for 65.0% of total ready property transactions, reinforcing the strong demand for urban residential units.
• Villas secured AED 162.3 million in transactions, contributing 22.3%, confirming steady interest in premium housing.
• Hotel Apartments & Rooms recorded AED 25.1 million (3.5%), indicating investor confidence in Dubai’s thriving hospitality market.
• Commercial properties saw transactions worth AED 67.0 million, making up 9.2% of the ready property segment, highlighting ongoing business expansion and demand for commercial spaces.

Market Insights and Trends

• The off-plan market continues to dominate, signaling investor confidence in Dubai’s long-term growth and the appeal of new developments.
• Flats led both the off-plan and ready property segments, emphasizing strong demand for residential units, particularly in prime locations.
• The higher share of ready commercial transactions (9.2%) compared to off-plan (2.1%) suggests an immediate need for operational spaces in Dubai’s thriving business landscape.
• The hotel and hospitality sector saw limited activity, but consistent investment suggests long-term interest in tourism-driven assets.

Conclusion

Dubai’s real estate market remains a magnet for investors, with off-plan properties leading the way and ready units maintaining solid traction. With the total transaction volume exceeding AED 1.76 billion, the city’s real estate sector continues to thrive, bolstered by strategic developments and increasing investor confidence.

As Dubai continues to evolve as a global investment hub, the balance between off-plan and ready properties indicates a diverse market catering to both speculative and immediate demand.

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