Off-Plan Market Performance
Total Value: AED3,544.2 million
Share of Weekly Ex-Land Market: 54.0%
Off-plan activity remained heavily concentrated in flats, which generated AED2,706.7 million, accounting for 76.4% of the segment's value. This confirms that apartments continued to anchor the off-plan market in Week 45, maintaining their position as the largest contributor to new property transactions.
Villas contributed AED476.4 million, representing 13.4% of off-plan value, while commercial properties generated AED321.8 million, accounting for 9.1%. Hotel apartments and rooms remained a relatively small segment, contributing AED39.2 million, or 1.1% of total off-plan value.
Top Off-Plan Areas by Transaction Value
The top 10 off-plan areas collectively generated AED1,531.5 million, representing 43.2% of total off-plan transaction value.
Madinat Al Mataar led the off-plan market with AED271.6 million, accounting for 7.7% of total off-plan value. Business Bay followed with AED218.2 million, representing 6.2%, while Madinat Dubai Almela. recorded AED191.3 million, contributing 5.4%.
Al Yelayiss 1 and Al Kifaf also recorded substantial activity, contributing AED165.2 million (4.7%) and AED159.7 million (4.5%), respectively.
Together, the five leading areas generated AED1,006.0 million, representing 28.4% of the off-plan market. The distribution of activity across multiple districts highlights the geographical breadth of new property transactions, rather than an overwhelming concentration in a single location.
Ready Market Performance
Total Value: AED3,023.3 million
Share of Weekly Ex-Land Market: 46.0%
Ready properties also delivered a strong performance, with flats generating AED2,095.7 million, accounting for 69.3% of the segment's total value. Completed apartments remained the dominant property category, although the ready market showed a more balanced distribution between flats and villas than the off-plan segment.
Villas contributed AED593.5 million, representing 19.6% of ready transaction value, compared with 13.4% in the off-plan market. Commercial properties generated AED249.5 million, equal to 8.3%, while hotel apartments and rooms contributed AED84.6 million, representing 2.8% of the ready market.
Top Ready Areas by Transaction Value
The top 10 ready areas together contributed AED849.4 million, equal to 28.1% of total ready transaction value. This suggests that completed-property activity remained more geographically dispersed than the off-plan segment, where the leading 10 areas accounted for 43.2%.
Business Bay led the ready market with AED190.1 million, accounting for 6.3% of total ready transaction value. Burj Khalifa followed with AED161.8 million (5.4%), while Jumeirah Lakes Towers (JLT) recorded AED101.4 million (3.4%).
Dubai Marina contributed AED99.0 million (3.3%), followed by Jumeirah Village Circle (JVC) with AED76.8 million (2.5%).
The five leading ready areas collectively generated AED629.2 million, representing 20.8% of the ready market. The presence of established locations such as Business Bay, Burj Khalifa, JLT and Dubai Marina among the leading areas highlights continued transaction activity across Dubai's mature residential and mixed-use districts.
Transaction Type Analysis
Sales remained the dominant transaction type in Week 45, accounting for AED4,435.6 million, or 67.5% of total ex-land transaction value. Mortgages followed with AED1,326.3 million, representing 20.2%, while gifts contributed AED805.6 million, equal to 12.3%.
The off-plan market remained predominantly sales-driven, with sales transactions generating AED2,917.8 million, representing 82.3% of off-plan value. Gifts accounted for AED502.4 million (14.2%), while mortgages contributed AED124.0 million (3.5%).
The ready market demonstrated a different transaction structure. Sales contributed AED1,517.8 million, accounting for 50.2% of ready value, while mortgages represented a substantial 39.8%, equivalent to AED1,202.3 million. Gifts accounted for the remaining 10.0%, or AED303.2 million.
Notably, the ready segment accounted for approximately 90.6% of total ex-land mortgage transaction value, reinforcing the importance of completed properties within Dubai's recorded mortgage activity.
On the Micro Level
The highest off-plan apartment transaction of the week was recorded at Selina Residences on Dubai Islands, valued at AED58.0 million. In the off-plan villa segment, the highest transaction was recorded at Amara in Tilal Al Ghaf, reaching AED9.1 million.
In the ready segment, the highest apartment transaction was recorded at Il Primo in Burj Khalifa, valued at AED28.1 million. The highest ready villa transaction was recorded in Al Barari, at AED8.0 million.
On the land side, Al Sawta recorded the highest individual transaction at AED62.5 million, making it the standout land deal of the week and contributing to the significant land transaction value recorded during Week 45.
Market Insights & Outlook
Week 45 demonstrated positive momentum in Dubai's real estate transaction activity, with total ex-land value increasing 3.3% to AED6,567.5 million, compared with AED6,359.8 million in the previous week.
Total transactions, including land, increased 6.8% to 3,907, while sales transactions edged up just 0.3% to 2,517. The difference between overall transaction growth and sales transaction growth suggests that the increase in recorded activity extended beyond sales alone.
The off-plan market maintained its leading position, accounting for 54.0% of total ex-land value, supported primarily by flats, which represented 76.4% of the segment. The ready market remained substantial at 46.0%, with completed flats and villas contributing a combined 88.9% of ready transaction value.
The geographic distribution also revealed an important distinction between the two segments. The top 10 off-plan areas accounted for 43.2% of off-plan value, compared with 28.1% for the leading ready areas, indicating a broader distribution of transaction activity across established locations.
Land transactions remained particularly notable, reaching AED6,697.4 million, exceeding the total ex-land value for the week. The substantial land transaction value points to continued large-scale activity in Dubai's land market, although the figures alone do not establish how much of this activity represents new development investment.
Overall, Week 45 reflected a market with increasing transaction value and activity, supported by off-plan sales, a substantial ready property market and significant land transactions. The relatively modest increase in sales transaction numbers, however, suggests that the broader weekly improvement should be assessed alongside transaction composition rather than interpreted as an equivalent increase in property sales demand.
Data Source: Dubai Land Department
