Dubai Real Estate Transactions as Reported on the 4th of February 2025

Dubai’s real estate market witnessed AED 1.73 billion in transactions on February 4, 2024, showcasing strong investor confidence across both off-plan and ready properties. This report breaks down the contributions of different property categories, highlighting trends and market dynamics shaping Dubai’s real estate sector.

Breakdown of Transactions

1. Off-Plan Market Performance

The off-plan segment accounted for 67.4% of the total real estate transactions, amounting to AED 1.17 billion. The breakdown of this segment is as follows:

• Flats: AED 737.1 million (63.1% of the off-plan market)
• Villas: AED 415.8 million (35.6% of the off-plan market)
• Hotel Apartments & Rooms: AED 2.6 million (0.2% of the off-plan market)
• Commercial Properties: AED 12.1 million (1.0% of the off-plan market)

2. Ready Market Performance

The ready property segment contributed 32.6% of the total transactions, reaching AED 563.9 million. The category-wise distribution is:

• Flats: AED 390.9 million (69.3% of the ready market)
• Villas: AED 116.0 million (20.6% of the ready market)
• Hotel Apartments & Rooms: AED 30.5 million (5.4% of the ready market)
• Commercial Properties: AED 3.1 million (0.6% of the ready market)

Key Market Insights

• Dominance of Off-Plan Sales:

• Off-plan properties dominated the market, capturing nearly two-thirds (67.4%) of all transactions.
  • Flats led this segment, contributing 1% of the off-plan market, reinforcing the strong demand for future-ready residential units in Dubai.
  • Villas followed at 6%, reflecting continued buyer interest in larger living spaces.

• Flats Remain the Most Traded Asset:

  • Flats in both off-plan and ready categories together contributed AED 1.13 billion, accounting for 5% of total transactions.
  • This trend highlights the sustained demand for apartment living, catering to both investors and end-users.

• Ready Properties Hold Firm:

  • Despite a smaller share (32.6%), the ready market remains robust, driven by immediate availability and end-user demand.
  • Flats contributed nearly 70% of ready transactions, reflecting a buyer preference for move-in-ready properties.

• Niche Segments Play a Limited Role:

  • Hotel apartments & rooms saw relatively low transaction volumes (AED 33.1 million in both categories combined), reflecting the niche nature of this asset class.
  • Commercial transactions remained modest (AED 15.3 million total), suggesting limited movement in this segment on the given day.

Conclusion

Dubai’s real estate market continues to thrive, with off-plan properties leading the charge. The high demand for flats, both in the off-plan and ready markets, underscores the city’s appeal to investors and homebuyers alike. As new developments continue to roll out, the off-plan sector is expected to maintain its strong momentum, while ready properties remain a solid choice for end-users seeking immediate occupancy.

This AED 1.73 billion transaction volume on a single day reflects the resilience and attractiveness of Dubai’s real estate landscape, reinforcing its position as a global property investment hub.

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