- April 17, 2026
- 10
- News&Media
The total value of real estate transactions in Dubai on 7th January 2024 reached AED 1,003,690,363. This substantial figure reflects Dubai’s robust and dynamic real estate market, with contributions from both off-plan and ready properties.
Breakdown by Property Type
1. Off-Plan Properties
The total transaction value for off-plan properties amounted to AED 471,627,412, accounting for 47% of the total transactions. This demonstrates the continued confidence in Dubai’s future developments and infrastructure growth.
Category Contributions:
- Flats: AED 405,379,149 (86% of off-plan transactions)
- Villas: AED 57,933,730 (12%)
- Hotel Apartments & Rooms: AED 2,843,434 (0.6%)
- Commercial: AED 5,471,100 (1.2%)
The dominance of flats in the off-plan segment indicates strong demand for modern apartment living and investment in Dubai’s emerging neighborhoods.
2. Ready Properties
Ready properties led the market with a total transaction value of AED 532,062,951, representing 53% of the total market share. This highlights the appeal of move-in-ready properties and their growing role in Dubai’s real estate landscape.
Category Contributions:
- Flats: AED 280,455,126 (53% of ready transactions)
- Villas: AED 159,871,160 (30%)
- Hotel Apartments & Rooms: AED 42,943,175 (8%)
- Commercial: AED 48,793,489 (9%)
The strong performance of flats and villas reflects a balanced demand across residential spaces, while the significant contribution from hotel apartments and commercial properties underscores Dubai’s role as a global business and leisure hub.
Key Insights
- Ready Properties Lead
With a 53% contribution to the total transaction value, ready properties slightly outpaced off-plan properties, showcasing buyers’ preference for immediate occupancy and tangible assets. - Flats Dominate Across Segments
Flats were the top-performing subcategory in both off-plan (86%) and ready (53%) transactions, indicating their appeal as versatile investments and homes for various demographics. - Emerging Opportunities in Commercial and Hospitality
Though smaller in proportion, hotel apartments and commercial properties collectively contributed over AED 100 million to the total, reflecting Dubai’s growing reputation as a tourism and business destination.
Conclusion The 7th January 2024 transactions reveal a dynamic and thriving real estate market, driven by a mix of off-plan ambition and ready property reliability. With nearly equal contributions from both segments, Dubai continues to cement its position as a global hub for real estate investment. Buyers and investors can look forward to sustained growth, supported by Dubai’s strategic developments and growing global appeal.
Dubai Real Estate Market Review 08-Jan-2025
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