- April 16, 2026
- 1
- News&Media
On 25th November 2024, the total value of real estate transactions in Dubai reached an impressive AED 1.29 billion. This figure encompasses both off-plan and ready properties, providing an insightful snapshot into the dynamics of Dubai’s real estate market. Below, we analyze the contributions from off-plan and ready properties as well as the distribution across various property sub-categories.
Breakdown of Off-Plan vs Ready Properties
Out of the AED 1.29 billion total, off-plan transactions accounted for AED 663.8 million, representing 51.4% of the total transactions. Meanwhile, ready properties contributed AED 628.4 million, making up 48.6% of the total. This near-even split highlights a balanced market where both new developments and existing properties are seeing substantial activity.
Off-Plan Property Contributions
The total value of off-plan transactions was AED 663.8 million. Breaking down this category:
- Flats were the dominant contributor, totaling AED 582.5 million, which equates to 87.7% of the total off-plan transactions. This reflects the continuing strong demand for residential apartments in developing projects.
- Villas contributed AED 60.9 million, representing 9.2% of off-plan transactions. This suggests a steady interest in larger properties in the early stages of development.
- Hotel Apartments & Rooms accounted for AED 13.1 million, which is 2.0% of the off-plan market, showing moderate interest in tourism-focused properties.
- Commercial properties contributed AED 7.3 million, equaling 1.1% of the off-plan total, indicating a smaller but still active interest in commercial investments.
Ready Property Contributions
For ready properties, the total transaction value stood at AED 628.4 million. The breakdown is as follows:
- Flats were also the leading contributor among ready properties, with transactions worth AED 426.2 million, making up 67.8% of the total ready property transactions. This underlines a high preference for immediate residential occupancy.
- Villas contributed AED 124.1 million, representing 19.8% of ready transactions, indicating solid demand for ready-to-move-in spacious residences.
- Hotel Apartments & Rooms accounted for AED 18.6 million, which is 3.0% of the ready property market, reflecting a niche but consistent demand for investment in hospitality.
- Commercial properties contributed AED 59.4 million, representing 9.5% of the total ready property transactions, showing notable interest in immediately available business spaces.
Market Insights
The real estate market in Dubai continues to exhibit resilience and balanced growth, as evidenced by the almost equal distribution of value between off-plan and ready properties. The predominance of flats in both segments indicates that apartments remain a favorite for both investors and end-users, while villas also show steady traction, particularly among buyers looking for larger living spaces.
Commercial and hospitality segments, while smaller in terms of total value, are significant contributors that indicate investor confidence in Dubai’s long-term growth, especially in areas tied to tourism and business activities. The emergence of such balanced contributions from various property types points to the robustness of Dubai’s diverse real estate offerings.
This performance provides a solid foundation as the emirate continues to attract both local and international buyers, driven by favorable government policies, innovative projects, and a thriving economic environment.
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