- April 17, 2026
- 3
- News&Media
On December 23, 2024, Dubai recorded an impressive total of AED 1,885,682,855 in real estate transactions. This total was split into two major categories: Off-Plan Properties and Ready Properties. Here is a detailed breakdown and analysis of the contributions of these categories and their respective subcategories.
Off-Plan Properties:
Off-Plan transactions accounted for a substantial 65.2% of the total real estate transactions, amounting to AED 1,228,644,842. The subcategories of Off-Plan properties contributed as follows:
- Flats:
- Transaction Value: AED 1,147,505,586
- Contribution to Off-Plan Total: 93.4%
- Villas:
- Transaction Value: AED 55,112,956
- Contribution to Off-Plan Total: 4.5%
- Hotel Apartments & Rooms:
- Transaction Value: AED 5,471,019
- Contribution to Off-Plan Total: 0.4%
- Commercial Properties:
- Transaction Value: AED 20,555,280
- Contribution to Off-Plan Total: 1.7%
Off-Plan Flats dominated this category, representing a massive share of over 93%, showcasing sustained interest in residential units under development.
Ready Properties:
Ready transactions made up the remaining 34.8% of the total, amounting to AED 657,038,014. Here is the breakdown of contributions from the subcategories:
- Flats:
- Transaction Value: AED 422,575,836
- Contribution to Ready Total: 64.3%
- Villas:
- Transaction Value: AED 163,583,666
- Contribution to Ready Total: 24.9%
- Hotel Apartments & Rooms:
- Transaction Value: AED 29,756,628
- Contribution to Ready Total: 4.5%
- Commercial Properties:
- Transaction Value: AED 6,082,946
- Contribution to Ready Total: 0.9%
Ready Flats emerged as the leader in this category, contributing significantly to the overall transactions with over 64% of the total Ready Property value.
Key Insights:
- Off-Plan Dominance:
- The majority of the transactions came from Off-Plan properties, reflecting strong investor confidence in Dubai’s upcoming developments and the appeal of flexible payment plans.
- Flats were the standout performers, dominating both Off-Plan and overall transactions.
- Steady Demand for Ready Properties:
- While Off-Plan dominated, Ready properties still accounted for a substantial share, driven primarily by Flats and Villas.
- Ready Villas, contributing nearly a quarter of the Ready total, demonstrated a continued preference for family-oriented housing.
- Niche Segments:
- Hotel Apartments & Rooms and Commercial properties in both categories had a smaller share but remain attractive for specific investor groups seeking rental yields and business opportunities.
Conclusion: Dubai’s real estate market continues to showcase resilience and vibrancy, with strong activity across both Off-Plan and Ready properties. Flats lead the market in both categories, emphasizing the city’s appeal to investors and end-users seeking high-quality urban living. With continued investment in infrastructure and community development, Dubai remains a top destination for real estate investment.
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