Dubai Real Estate Transactions as Reported on the 27th of February 2025

On February 27, 2024, Dubai’s real estate market recorded a total transaction value of AED 2.44 billion, showcasing the city’s dynamic property sector. The market was driven by off-plan transactions, which accounted for 57.3% of the total value, while ready properties made up the remaining 42.7%.

Off-Plan Transactions

The off-plan segment led the market with a total value of AED 1.40 billion, highlighting strong investor confidence in upcoming developments. The breakdown of sub-categories within the off-plan segment is as follows:

• Flats dominated the off-plan category, contributing 66.4% with AED 927.3 million in transactions.
• Villas accounted for 24.3% of off-plan deals, amounting to AED 339.7 million.
• Commercial properties registered AED 113.3 million, making up 8.1% of the off-plan transactions.
• Hotel apartments & rooms had the smallest share, with transactions worth AED 17.2 million, representing 1.2% of the total off-plan segment.

Ready Property Transactions

The ready property market recorded transactions worth AED 1.04 billion, reflecting continued demand for completed units. The breakdown of sub-categories within the ready property segment is as follows:

• Flats were the most traded category in ready properties, contributing 60.1% with AED 625.3 million.
• Commercial properties followed, with transactions totaling AED 250.7 million, representing 24.1% of ready property deals.
• Villas recorded transactions worth AED 114.2 million, contributing 11.0%.
• Hotel apartments & rooms generated AED 50.3 million, accounting for 4.8% of the ready property segment.

Key Takeaways

• Off-plan properties dominated the market, making up 57.3% of total transactions, demonstrating sustained investor interest in future developments.
• Flats remained the most sought-after asset class in both off-plan and ready property segments, contributing significantly to total transaction volumes.
• Commercial properties showed a notable presence, particularly in the ready segment, highlighting investor appetite for income-generating assets.
• The AED 2.44 billion transaction volume underscores Dubai’s strong position as a global real estate investment hub.

Market Outlook

The Dubai real estate market continues to exhibit resilience and growth, with both off-plan and ready properties attracting strong demand. The dominance of off-plan transactions suggests investor confidence in the city’s long-term development prospects, while the substantial share of ready properties indicates a stable end-user market. With a balanced mix of residential, commercial, and hospitality assets, Dubai remains an attractive destination for both local and international investors.

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