- June 2, 2026
- 1
- News&Media
Binghatti Skyflame helped push Majan into second place with 569 transactions worth AED402.3 million.
Week 20 recorded AED7.86 billion in off-plan and ready property transactions, while land added a further AED7.53 billion, taking wider market activity to AED15.39 billion. Within the off-plan and ready market, off-plan dominated with AED5.35 billion, or 68.1%, while ready properties accounted for AED2.50 billion, or 31.9%.
| Category | Off-Plan (AED millions) | Ready (AED millions) |
| Flat | 4,051.0 | 1,714.1 |
| Villa | 664.9 | 541.2 |
| Hotel Apt. & Rooms | 132.5 | 84.3 |
| Commercials | 506.5 | 165.3 |
| Total | 5,354.8 | 2,504.9 |
Off-Plan Market Performance
Total Value: AED5.35 billion
Share of Weekly Total: 68.1%
| Sub-category | Value (AED millions) | % of Off-Plan |
| Flat | 4,051.0 | 75.7% |
| Villa | 664.9 | 12.4% |
| Hotel Apt. & Rooms | 132.5 | 2.5% |
| Commercials | 506.5 | 9.5% |
| Total | 5,354.8 | 100.0% |
Off-plan activity was once again led by apartments, which accounted for more than three quarters of the segment. Villas contributed a solid 12.4%, while commercial off-plan activity remained meaningful at AED506.5 million, showing that investor demand is still spreading beyond residential units.
Top Performing Off-Plan Areas
| Area | Value (AED millions) | % of Off-Plan |
| Dubai Islands | 475.0 | 8.9% |
| Majan | 466.8 | 8.7% |
| Business Bay | 459.3 | 8.6% |
| Wadi Al Safa 3 | 428.1 | 8.0% |
| Madinat Al Mataar | 376.2 | 7.0% |
The top 10 off-plan areas generated AED3.07 billion, equal to 57.4% of all off-plan activity. Dubai Islands led the table, but Majan was the standout story of the week, supported by Binghatti Skyflame, which helped push the area into second place with 569 transactions worth AED402.3 million.
Ready Market Performance
Total Value: AED2.50 billion
Share of Weekly Total: 31.9%
| Sub-category | Value (AED millions) | % of Ready |
| Flat | 1,714.1 | 68.4% |
| Villa | 541.2 | 21.6% |
| Hotel Apt. & Rooms | 84.3 | 3.4% |
| Commercials | 165.3 | 6.6% |
| Total | 2,504.9 | 100.0% |
Ready apartments remained the core of the secondary market, contributing 68.4% of ready value. Villas also played an important role, with AED541.2 million, or 21.6%, showing continued demand for completed family homes.
Top Performing Ready Areas
| Area | Value (AED millions) | % of Ready |
| Burj Khalifa | 279.1 | 11.1% |
| Business Bay | 208.2 | 8.3% |
| JLT | 164.1 | 6.6% |
| JVC | 159.3 | 6.4% |
| Dubai Marina | 129.8 | 5.2% |
The top 10 ready areas recorded AED1.40 billion, representing 56.1% of the ready market. Burj Khalifa led the segment with AED279.1 million, supported by high-value apartment activity, while Business Bay, JLT, JVC and Dubai Marina continued to anchor the broader secondary apartment market.
Transaction Type Analysis
| Transaction Type | Off-Plan (AED millions) | Ready (AED millions) |
| Gifts | 102.4 | 304.3 |
| Mortgage | 20.2 | 843.3 |
| Sales | 5,232.2 | 1,357.3 |
| Total | 5,354.8 | 2,504.9 |
Sales dominated the off-plan market, accounting for 97.7% of off-plan value. This reflects the primary-market nature of the segment, where activity is overwhelmingly driven by new sales rather than financing or transfers.
The ready market showed a more balanced structure. Sales accounted for 54.2% of ready value, while mortgages contributed a significant 33.7%, highlighting the financing-heavy nature of completed-property transactions. Gifts were also more visible in the ready segment, with AED304.3 million, or 12.1% of ready value.
On the Micro Level
The highest off-plan apartment transaction was recorded in Como Residences, Palm Jumeirah, at AED56.5 million. The highest off-plan villa transaction was in Karl Lagerfeld Villas by Taraf, Wadi Al Safa 3, at AED41.1 million.
In the ready market, the highest apartment transaction was in Il Primo, Burj Khalifa, at AED26.8 million, while the highest villa transaction was recorded in Al Barari at AED9.9 million.
Weekly Comparison
| Metric | Last Week | This Week | Change |
| Total Volume | AED7.99 billion | AED7.86 billion | -1.6% |
| Total Number of Transactions | 3,598 | 4,567 | +26.9% |
Week 20 saw a slight decline in off-plan and ready transaction value, down 1.6% from last week’s AED7.99 billion. However, the number of transactions rose sharply by 26.9%, reaching 4,567 transactions including land. This suggests that activity broadened during the week, even as the average value per transaction moderated.
Market Insights & Outlook
Week 20 points to a market that remains active, but more distributed. Off-plan continued to dominate, supported by large apartment volumes and strong launches in areas such as Dubai Islands, Majan, Business Bay and Wadi Al Safa 3. The performance of Majan, boosted by Binghatti Skyflame, shows how a single major project can quickly reshape weekly area rankings.
The ready market remained anchored by established locations, with Burj Khalifa, Business Bay, JLT, JVC and Dubai Marina leading by value. Mortgage activity in the ready segment also shows that end-user and leveraged buyer demand remain important parts of the market.
Overall, the week delivered a useful signal: value slipped slightly, but transaction count increased strongly. That points to a market with healthy participation, even if buyers are spreading activity across a wider range of price points. Off-plan remains the main engine of Dubai’s property market, while the ready segment continues to provide liquidity and depth in established communities.
Data Source: Dubai Land Department
Only freehold transactions are included
