- April 17, 2026
- 6
- News&Media
The Dubai real estate market witnessed transactions totaling AED 1,399,812,622 on 8 January 2024. These transactions were split between Off-Plan and Ready properties, with Off-Plan dominating the market.
Market Breakdown
- Off-Plan Properties
Total Off-Plan transactions amounted to AED 817,890,663, contributing 58.4% of the day’s total market transactions. The sub-category contributions within the Off-Plan segment were as follows:
- Flats: AED 692,989,406 (84.7% of Off-Plan transactions)
- Villas: AED 116,644,027 (14.3% of Off-Plan transactions)
- Hotel Apartments & Rooms: AED 2,022,650 (0.2% of Off-Plan transactions)
- Commercial: AED 6,234,580 (0.8% of Off-Plan transactions)
Key Highlight: Flats overwhelmingly led Off-Plan transactions, accounting for nearly 85% of the segment’s total, showcasing strong demand in this category.
2. Ready Properties
Total Ready property transactions reached AED 581,921,959, representing 41.6% of the total market volume. The contributions of sub-categories within the Ready segment were:
- Flats: AED 357,048,507 (61.4% of Ready transactions)
- Villas: AED 104,941,397 (18% of Ready transactions)
- Hotel Apartments & Rooms: AED 62,741,302 (10.8% of Ready transactions)
- Commercial: AED 57,190,754 (9.8% of Ready transactions)
Key Highlight: Flats also led the Ready property segment, contributing over 61% of its total, signaling sustained buyer interest in completed residential units.
Off-Plan vs. Ready Market Comparison
- The Off-Plan market outperformed the Ready segment, contributing 58.4% to the total transaction value compared to Ready’s 41.6%.
- The preference for Off-Plan properties highlights strong investor confidence in Dubai’s future real estate developments.
Conclusion The data reflects Dubai’s dynamic real estate market, with strong demand for both Off-Plan and Ready Flats dominating their respective segments. The substantial contribution of Off-Plan properties underlines investor optimism in upcoming developments, while the Ready market continues to attract end-users seeking immediate occupancy. With a balanced mix of asset types, Dubai’s real estate sector remains an attractive hub for local and international investors.
Dubai Real Estate Market Review 09-Jan-2025
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