Off-Plan Market Performance
Total Value: AED558.00 million
Share of Total Market: 45.4%
Flats remained the principal driver of off-plan activity, accounting for 70.7% of the segment. Villas made a substantial contribution of 23.6%, while commercial properties represented 4.8%. Hotel apartments and rooms remained limited, contributing less than 1%.
Flats led ready-property activity with a 58.9% share. Villas contributed 24.2%, while commercial properties generated a notable 16.0% of the segment. Hotel apartments and rooms accounted for the remaining 0.9%.
Market Insights & Outlook
The considerable value of land transactions was the day’s most prominent feature, surpassing the entire off-plan and ready-property market combined.
Flats generated a combined AED789.42 million across the off-plan and ready markets, representing 64.2% of total ex-land transaction value.
Villas followed with AED293.87 million, equivalent to 23.9% of the market, while commercial properties contributed AED134.25 million, or 10.9%. Hotel apartments and rooms recorded AED11.23 million, representing 0.9%.
Land transactions reached AED1,367.47 million, exceeding the combined off-plan and ready-property total by AED138.70 million. Including land, overall transaction value reached AED2,596.24 million, with land accounting for 52.7% of the combined market.
Source: Dubai Land Department
