Off-Plan Market Performance
Total Value: AED3,158.3 million
Share of Weekly Ex-Land Market: 49.7%
Off-plan flats remained the largest contributor, generating AED2,068.1 million, equivalent to 65.5% of the segment's total value. Apartment transactions continued to anchor off-plan activity, although the contribution from other property categories demonstrates a broader distribution of transaction value.
Villas accounted for AED690.8 million, representing 21.9% of off-plan activity, while commercial properties contributed AED267.3 million, or 8.5%. Hotel apartments and rooms added AED132.2 million, equal to 4.2%, reflecting activity across multiple property categories.
Top Off-Plan Areas by Transaction Value
The 10 listed off-plan areas generated a combined AED1,474.9 million, representing 46.7% of total off-plan transaction value, highlighting the concentration of activity across several established and emerging development locations.
Al Yufrah 1 led the off-plan market with AED271.8 million, accounting for 8.6% of total off-plan value. Its leading position highlights the significant transaction activity recorded in the area during the week.
Dubai Maritime City followed with AED214.1 million, representing 6.8% of the off-plan market. Business Bay and Jumeirah Village Circle recorded AED169.0 million and AED167.8 million, respectively, demonstrating continued activity across established residential and mixed-use locations.
Ready Market Performance
Total Value: AED3,201.5 million
Share of Weekly Ex-Land Market: 50.3%
Ready properties slightly outperformed off-plan transactions in Week 44, accounting for 50.3% of the overall ex-land market. Flats dominated the segment, generating AED2,219.4 million, equivalent to 69.3% of total ready transaction value.
Villas contributed AED693.2 million, representing 21.7% of ready market activity, while commercial properties accounted for AED234.8 million, or 7.3%. Hotel apartments and rooms generated AED54.1 million, representing 1.7% of the segment.
The relatively balanced contribution from ready flats and villas, compared with the off-plan market, indicates continued transaction activity across completed apartments and family-oriented residential properties.
Top Ready Areas by Transaction Value
The 10 listed ready areas collectively recorded AED1,065.9 million, representing 33.3% of the ready market. This lower concentration compared with the off-plan segment suggests that completed-property transactions were distributed more broadly across Dubai's residential districts.
Business Bay led the ready market with AED199.1 million, accounting for 6.2% of total ready transaction value. Liwan followed closely with AED181.7 million, representing 5.7%, while Palm Jumeirah recorded AED131.5 million, equivalent to 4.1% of the segment.
Jumeirah Village Circle contributed AED116.3 million, while Burj Khalifa recorded AED107.9 million, reflecting transaction activity across a range of established residential communities and premium locations.
Transaction Type Analysis
Ex-land sales remained the dominant transaction type during Week 44, generating AED4,685.3 million, representing 73.7% of total ex-land transaction value. Mortgages followed with AED1,239.0 million, accounting for 19.5%, while gifts contributed AED435.5 million, equivalent to 6.8%.
Off-plan transactions were overwhelmingly driven by sales, which generated AED2,826.1 million, accounting for 89.5% of the segment. Mortgages represented just 4.3%, while gifts contributed 6.2%, highlighting the dominance of sales activity within the off-plan market.
The ready market demonstrated a different transaction profile. Sales contributed AED1,859.2 million, representing 58.1%, while mortgages accounted for a substantial AED1,102.5 million, or 34.4%. Gifts contributed the remaining 7.5%.
The significant difference in mortgage contributions between the two segments highlights the greater role of mortgage-backed transactions in the completed-property market, while off-plan activity remained predominantly sales-driven.
On the Micro Level
The highest off-plan apartment transaction of the week was recorded at Mercedes-Benz Places in Burj Khalifa, where a flat transacted for AED22.6 million. The highest off-plan villa transaction took place at Lunaya in Saih Shuaib, reaching AED12.3 million.
In the ready segment, Palm Jumeirah dominated the highest-value residential transactions. An apartment at The Royal Atlantis recorded a transaction value of AED29.0 million, while a villa at Zabeel Saray reached AED27.0 million.
On the land side, Barsha Heights recorded a major transaction worth AED600.0 million, making it the standout individual deal of the week. The transaction represented approximately 12.0% of the week's reported land transaction value, highlighting the scale of individual high-value land transactions within Dubai's property market.
Market Insights & Outlook
Week 44 demonstrated an improvement in Dubai's real estate transaction activity, with total ex-land value increasing 8.2% to AED6,359.8 million, compared with AED5,876.4 million the previous week. Total transaction numbers, including land, rose 4.9%, while sales transactions increased 5.6%, indicating growth in both transaction value and activity.
The key development was the nearly equal contribution of off-plan and ready properties. Ready transactions accounted for 50.3% of ex-land value, narrowly exceeding off-plan activity at 49.7%. Flats remained the leading property category across both segments, contributing 65.5% of off-plan value and 69.3% of ready market activity.
Transaction type analysis further highlighted the differences between the two markets. Off-plan sales accounted for 89.5% of segment value, while ready properties showed a considerably higher mortgage contribution of 34.4%. This distinction reflects the different transaction structures supporting new developments and completed properties.
Land transactions totaling AED5,019.8 million, including the AED600.0 million transaction in Barsha Heights, added another significant dimension to the week's property activity. The combination of higher weekly transaction value, increased sales activity, and a balanced contribution from off-plan and ready properties points to continued market participation across multiple segments of Dubai's real estate sector.
Data Source: Dubai Land Department
