- April 17, 2026
- 4
- News&Media
The real estate market in Dubai showcased impressive activity on January 13, 2024, with total transactions amounting to AED 1,615,489,308. This report provides a detailed breakdown of the transactions, highlighting the contributions of off-plan and ready properties, as well as the performance of key sub-categories within these segments.
Overview of Off-Plan and Ready Transactions
- Off-Plan Properties:
- Total value: AED 984,111,938
- Contribution to total transactions: 60.9%
- Ready Properties:
- Total value: AED 631,377,370
- Contribution to total transactions: 39.1%
The dominance of off-plan properties demonstrates strong investor confidence in future developments, while ready properties maintain their appeal for immediate use and investment returns.
Breakdown of Off-Plan Transactions
The off-plan segment accounted for over 60% of total transactions, with the following sub-category contributions:
- Flats:
- Total value: AED 753,901,049
- Contribution to off-plan transactions: 76.6%
- Villas:
- Total value: AED 214,435,001
- Contribution to off-plan transactions: 21.8%
- Hotel Apartments & Rooms:
- Total value: AED 3,441,816
- Contribution to off-plan transactions: 0.35%
- Commercial Properties:
- Total value: AED 12,334,073
- Contribution to off-plan transactions: 1.3%
Flats dominated the off-plan market, reflecting a preference for urban living and investment-friendly apartment developments.
Breakdown of Ready Transactions
Ready properties contributed over 39% to total transactions, with the following sub-category distributions:
- Flats:
- Total value: AED 442,755,931
- Contribution to ready transactions: 70.1%
- Villas:
- Total value: AED 124,827,352
- Contribution to ready transactions: 19.8%
- Hotel Apartments & Rooms:
- Total value: AED 22,343,660
- Contribution to ready transactions: 3.5%
- Commercial Properties:
- Total value: AED 41,450,426
- Contribution to ready transactions: 6.6%
Flats also led the ready segment, while villas remained a significant choice for end-users seeking spacious, family-friendly homes.
Key Insights and Implications
- Strong Off-Plan Market: The off-plan market’s substantial share (60.9%) reflects robust demand for future projects, likely driven by attractive payment plans and investor confidence in Dubai’s long-term growth.
- Steady Demand for Ready Properties: The ready segment’s significant contribution (39.1%) underscores consistent demand for properties offering immediate returns or occupancy.
- Flats Leading Across Segments: Flats dominated both off-plan (76.6%) and ready (70.1%) transactions, indicating a sustained preference for compact, urban-centric living spaces.
- Villas Gaining Momentum: Villas contributed notably to both segments, driven by growing interest in spacious and premium living options, particularly among families.
Conclusion
Dubai’s real estate market continues to exhibit resilience and dynamism, with off-plan properties playing a pivotal role in driving transactions. Ready properties remain a reliable choice for immediate investment, while sub-categories such as flats and villas reflect diverse buyer preferences. These trends underline Dubai’s position as a global real estate hub, catering to a wide spectrum of investors and residents alike.
Dubai Real Estate Market Review 14-Jan-2025
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