The Dubai real estate market continues to show robust activity, with a total transaction value of AED 1.495 billion on 26 November 2024. This report provides a comprehensive analysis of the off-plan and ready property segments, offering insights into their contributions to the overall transaction volume as well as sub-category performance.

Breakdown of Off-Plan vs Ready Properties
On 26 November 2024, the total real estate transactions in Dubai reached AED 1,495,122,342. Of this amount, 58.4% came from ready properties, amounting to AED 872.6 million, while 41.6% originated from off-plan properties, totaling AED 622.5 million. The breakdown indicates a greater preference among buyers for ready properties, though off-plan transactions remain a significant part of the market.

Off-Plan Transactions (41.6% of Total)
The off-plan segment accounted for AED 622,484,516, which represents 41.6% of the total transaction value. Within this segment, flats dominated with a massive 95.7% contribution (AED 595.7 million), reflecting a continued demand for under-construction residential units. Villas made up 2.5% of off-plan transactions (AED 15.5 million), indicating modest interest in upcoming villa projects. Hotel apartments and rooms contributed 1.2% (AED 7.6 million), while commercial properties comprised 0.6% (AED 3.6 million), highlighting a relatively lower but diverse investment interest in hospitality and commercial spaces.
Ready Property Transactions (58.4% of Total)
Ready properties made up the larger share of the day’s total, amounting to AED 872,637,826, or 58.4% of overall transactions. Within this segment, flats led with 80.0% (AED 697.8 million), showcasing strong demand for immediately available residential units. Villas represented 14.9% (AED 129.7 million), pointing towards a consistent interest in ready villa options. Hotel apartments and rooms comprised 0.4% (AED 3.2 million), while commercial properties made up 4.8% (AED 41.9 million), reflecting a solid interest in established commercial investments.
Key Insights
- Ready Properties Lead the Market: With 58.4% of total transactions, ready properties continue to be the dominant choice for investors and buyers, providing immediate possession and rental income opportunities.
- Flats Dominate Both Segments: Flats are clearly the most popular choice in both off-plan (95.7%) and ready (80.0%) categories, indicating sustained interest in high-density residential living.
- Balanced Investment Portfolio: While ready properties are leading, the strong showing of off-plan flats reflects confidence in future developments, with buyers willing to invest in upcoming projects for potential value appreciation.
The Dubai real estate market remains diverse, offering a range of opportunities for investors across both ready and off-plan categories. The balance between the two segments is indicative of a healthy market that caters to both short-term possession seekers and long-term value investors.
Dubai Real Estate Market Review 27-Nov-2024
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