September Week 1 Insights

September Week 1 Snapshot: Dubai Property Market Records AED 11.25 Billion in Sales

📍 Overview

Dubai started September strong with 3,969 sales transactions worth AED 11.25 Bn. Residential properties drove the market, contributing AED 9 Bn, led by off-plan apartments.

• Off-plan: 2,720 deals | AED 6.42 Bn
• Ready: 1,249 deals | AED 4.82 Bn

✨ Insight: Off-plan retained dominance, reflecting buyer confidence in upcoming developments, while ready transactions kept pace, showing continued end-user demand.

🏡 Residential Market 3,733 transactions | AED 9.02 Bn

• Apartments: 3,231 sales | AED 6.31 Bn
• Villas: 425 sales | AED 2.41 Bn
• Serviced/Hotel Apartments: 61 sales |

📌 Insight: Apartments contributed over 86% of transactions, confirming affordability and investor preference. Ready villas outperformed off-plan on per sq.ft. value, while serviced units achieved standout pricing despite lower volume.

🏬 Commercial Market 107 transactions | AED 432 Mn

• Off-plan: 34 deals | AED 115 Mn
• Ready: 73 deals | AED 317 Mn

📌 Insight: Offices dominated transaction volume, while shops commanded premium pricing, reflecting strong retail demand.

🏢 Leasing Market Residential: 12,741 rental contracts | AED 1.16 Bn

• New: 5,020 | AED 551 Mn
• Renewals: 7,721 | AED 616 Mn

Commercial: 5,238 rental contracts | AED 524 Mn

• New: 2,800 | AED 253 Mn
• Renewals: 2,438 | AED 271 Mn

📌 Insight: Commercial new rentals outpaced renewals, showing expansion and fresh leasing demand. Residential renewals remained strong, highlighting high tenant retention, especially in apartments and villas.

🔑 Key Takeaways

• For Developers: Off-plan continues to dominate; completions in Business Bay & Mudon expand ready supply.
• For Investors: Shops and serviced apartments offer premium yields; emerging communities like DIP 2 show growth potential.
• For Homebuyers: Ready villas continue to deliver higher per sq.ft. value, offering secure, livable options for families.

📈 Reliant Surveyors’ Perspective

Week 1 of September reinforces Dubai’s market balance: off-plan dominance, rising ready villa absorption, and a surge in commercial leasing demand. Apartments and villas lead residential leasing, while serviced apartments and retail shops remain premium investment segments.

📩 Looking to invest, buy, or lease with confidence? Reliant Surveyors provides independent valuations, transaction insights, and advisory to guide your next move in Dubai’s property market.