Dubai Real Estate Weekly Market Analysis 31-Mar-2025

The total real estate transactions in Dubai for Week 12 was AED7.55 billion. Down 10% from last week's AED8.4 billion. Off-plan contributed 53%, while Ready properties contributed 47%.

Author

The Real Estate Report
March 31, 2025

Dubai’s real estate market recorded a total of AED 7.55 billion in transactions during Week 12, reflecting a 10.1% decline compared to the AED 8.4 billion achieved in the previous week. This week saw a near-even split between Off-Plan and Ready property segments, with Off-Plan slightly edging out in total transaction value.

Category

Off-Plan (AED Millions)

Ready (AED Millions)

Flat

AED3,356.0

AED2,484.5

Villa

AED635.0

AED689.9

H. Ap. & Rooms

AED14.4

AED139.8

Commercials

AED100.4

AED232.1

Total

AED4,006.0

AED3,546.2

Transaction Breakdown

Off-Plan Market

Total Value: AED 4.01 billion
Share of Weekly Total: 53.0%

By Property Type:

  • Flats: AED 3.26 billion (81.3% of Off-Plan)

  • Villas: AED 635.25 million (15.9%)

  • Hotel Apartments & Rooms: AED 14.35 million (0.4%)

  • Commercials: AED 100.44 million (2.5%)

Flats continued to dominate the Off-Plan space, with strong investor appetite for new developments.

Most Active Areas by Value of Transactions

  • Madinat Al Mataar: AED 503.95 million

  • Business Bay: AED 428.65 million

  • Jumeirah Village Circle (JVC): AED 279.25 million

  • Palm Jumeirah: AED 220.00 million

  • Madinat Dubai Almelaheya: AED 217.00 million

Ready Market

Total Value: AED 3.55 billion
Share of Weekly Total: 47.0%

By Property Type:

  • Flats: AED 2.48 billion (70.1% of Ready)

  • Villas: AED 689.85 million (19.5%)

  • Hotel Apartments & Rooms: AED 139.80 million (3.9%)

  • Commercials: AED 232.06 million (6.5%)

The Ready segment maintained solid performance, particularly in flats and premium commercial units.

Most Active Areas by Value of Transactions

  • Burj Khalifa: AED 393.28 million

  • Business Bay: AED 324.84 million

  • Dubai Marina: AED 236.84 million

  • Palm Jumeirah: AED 195.48 million

  • Dubai Creek Harbour: AED 171.17 million

Key Takeaways

  • Overall slowdown: Week 12 marked a notable decline of AED 850 million from the previous week’s total, suggesting a temporary cooling after robust activity.

  • Off-Plan dominance: Continuing to lead the market, Off-Plan sales are driven by demand for flats, particularly in Madinat Al Mataar and Business Bay.

  • Ready segment strength: High-value transactions in Burj Khalifa and Business Bay highlight ongoing investor interest in luxury and central districts.

  • Balanced demand: The near-even split between Off-Plan and Ready transactions shows diversified investor appetite across both new developments and established communities.

Data Source: Dubai Land Department

Reply

or to participate.