- April 16, 2026
- 1
- News&Media
The Dubai real estate market continues to showcase remarkable dynamism, with total transactions recorded at AED 1.51 billion on December 5, 2024. This report delves into the details of both off-plan and ready property sales, breaking down their contributions and providing an insight into the various property types.
Total Transaction Breakdown: Off-Plan vs. Ready Properties
The transactions for December 5, 2024, revealed a balanced market with a total value of AED 1,507,753,833 split between off-plan and ready properties. The off-plan sector accounted for AED 777.88 million, contributing approximately 51.6% to the total, whereas ready properties represented AED 729.88 million, making up about 48.4% of the overall transactions.
Off-Plan Transactions Overview
The off-plan property transactions recorded a total of AED 777,876,775, showcasing strong investor confidence in upcoming projects. The breakdown of the off-plan market is as follows:
- Flats: Flats contributed AED 491,425,557, representing 63.2% of the off-plan total. Flats continued to be a popular choice among investors, likely due to their affordability and appeal to a broader audience.
- Villas: Villas accounted for AED 211,208,202, making up 27.2% of the off-plan transactions. This strong contribution highlights the sustained demand for spacious and private residential options.
- Hotel Apartments & Rooms: This category saw a transaction value of AED 3,602,597, contributing a modest 0.5% to the off-plan segment.
- Commercial Properties: Commercial off-plan properties contributed AED 71,640,419, representing 9.2% of the total off-plan value, indicating a steady demand for business spaces in Dubai’s growing economy.
Ready Properties Overview
Ready properties brought in AED 729,877,059 in total transactions, reflecting the appeal of fully developed, immediately livable or usable properties. The breakdown of the ready property transactions is as follows:
- Flats: Flats dominated the ready market with AED 543,938,528, contributing 74.5% to the ready property category. This reflects a significant preference for move-in-ready homes, catering to both residents and investors.
- Villas: Ready villas made up AED 146,763,984, contributing 20.1% to the ready transactions, showcasing the ongoing demand for luxury living options in Dubai.
- Hotel Apartments & Rooms: AED 11,024,704 worth of transactions were recorded for hotel apartments and rooms, contributing 1.5% to the ready category.
- Commercial Properties: The ready commercial properties segment saw a transaction value of AED 28,149,843, accounting for 3.9% of the ready market, reflecting interest in established commercial spaces.
Conclusion
The Dubai real estate market remains robust, with a balanced distribution between off-plan and ready property transactions. Off-plan properties hold a slight edge in total value, driven by investor confidence in future projects and Dubai’s continued growth as a global city. Ready properties, however, are nearly equal in demand, indicating the strong appeal for immediate occupancy and long-term investments.
Flats, in both off-plan and ready categories, dominate the market, highlighting their affordability and attractiveness to a broad buyer base. Villas, while contributing a smaller share, continue to reflect the demand for upscale and spacious living. The modest yet notable interest in commercial properties underscores the growing opportunities within Dubai’s thriving business landscape.
This mix of transactions illustrates a healthy market, with diverse opportunities catering to different investor needs and preferences, reinforcing Dubai’s position as a vibrant, multifaceted real estate hub.
Dubai Real Estate Market Review 06-Dec-2024
Apartment sales rose 31.2%, while villa and plot sales saw declines. ENBD REIT reported a 6.57% year-on-year increase in NAV to USD 202 million. 4-bedroom unit leased out for Dh4.4 million a year.
Dubai real estate sales top Dh40 billion in November
Dubai’s real estate market recorded 13,502 sales worth Dh40 billion in November, with an 8.8% rise in average property prices. Apartment sales rose 31.2%, while villa and plot sales saw declines. Total sales were up 10.5% from last November, reflecting sustained demand and investor confidence.
Dubai real estate: Tokinvest and YallaValue to support fractional property investments
Dubai’s Tokinvest DMCC is teaming up with YallaValue to deliver independent property valuations to support tokenised real estate investment decisions.
Beyond Developments launches Orise project in Dubai Maritime City
Beyond has launched its second project, Orise, featuring 530 bespoke residences in Dubai Maritime City. The development offers modern waterfront living, flexible customization options, and extensive amenities, including lush gardens and fitness facilities. Orise aims to build on the success of Beyond’s first project, Saria.
Dubai-based digital platform offers $134 entry into Saudi real estate market
Dubai-based fractional ownership firm Stake plans to invest SAR1 billion in Saudi Arabia’s real estate market, targeting properties including a Riyadh mall. Stake aims to tap growing foreign interest in Saudi real estate, officially launching on Dec. 9, with a focus on rental income and long-term property appreciation.
ENBD REIT announces H1 NAV to 30th September 2024
ENBD REIT reported a 6.57% year-on-year increase in NAV to USD 202 million. Funds From Operations rose 42%, boosting dividends to USD 5 million. Occupancy reached a record 94%. The REIT continues its turnaround strategy, enhancing shareholder value through improved FFO and portfolio performance.
BPMG signs landmark MoU with Institute of Real Estate Management
The Dubai Real Estate Brokerage and Property Management Group (BPMG) signed an MOU with the Institute of Real Estate Management (IREM) to enhance real estate management standards in Dubai. The collaboration focuses on education, certifications, and events, aligning with Dubai’s D33 agenda to foster professional growth and innovation.
Dubai: Highest apartment rent in history? 4-bedroom unit leased out for Dh4.4 million a year
A penthouse at The Royal Atlantis on Palm Jumeirah was rented for Dh4.4 million, setting a record as Dubai’s most expensive apartment lease. The 10,000 sqft penthouse offers luxury amenities including a terrace, infinity pool, and hotel concierge. The tenant, a European family, chose it for its high-end features.
Bahria Town signs agreement to launch major project in Dubai
Bahria Town launched its first international project in Dubai South, developing a gated master community featuring residential, commercial, and lifestyle amenities. The project includes villas, townhouses, educational facilities, parks, and entertainment, contributing to Dubai South’s vision of attracting 1 million residents near Al Maktoum International Airport.
