Report
Residential Sales
2020
Total Transaction Value
15200
Primary transactions (developer under construction) valued at:
AED 48.5 Bn
9800
Secondary ready units transacted at:
AED 32.2 Bn
640
Secondary under construction transactions valued at:
AED 2 Bn
Year-on-Year Market Evolution: Narrative vs Reality
Dubai Population Growth (2017 – 2026)
Residential Transaction Value (Total Transactions Shown Below)
Dubai Population vs Residential Transactions (2017-2026)
| YEAR | POPULATION | POPULATION Y/Y | NET POPULATION ADDITION | RESIDENTIAL TRANSACTION VALUE (AED BN) | TRANSACTION VALUE Y-O-Y | OFF-PLAN TRANSACTIONS | READY TRANSACTIONS | TOTAL TRANSACTIONS |
|---|---|---|---|---|---|---|---|---|
| 2017 | 2 | - | 0 | 12 | - | 123 | 1 | 124 |
| 2018 | 3 | 16.7% | 0.4 | 12 | 0% | 123 | 12 | 135 |
| 2019 | 3 | 10.7% | 0.3 | 12 | 0% | 123 | 12 | 135 |
| 2020 | 3 | 3.2% | 0.1 | 123 | 925% | 123 | 14 | 137 |
| 2021 | 4 | 9.4% | 0.3 | 134 | 8.9% | 123 | 2 | 125 |
| 2022 | 2 | -31.4% | -1.1 | 143 | 6.7% | 43 | 3 | 46 |
| 2023 | 2 | 0% | 0 | 153 | 7% | 453 | 3 | 456 |
| 2024 | 3 | 8.3% | 0.2 | 154 | 0.7% | 43 | 3 | 46 |
| 2025 | 6 | 130.8% | 3.4 | 145 | -5.8% | 45 | 32 | 77 |
| 2026 | 7 | 11.7% | 0.7 | 1,245 | 758.6% | 42 | 3 | 45 |
Population Growth: Consistent and Resilient
Key Insight:
Test insight: population growth remains resilient against transaction volatility in QA sample.
Residential Transactions: Capital Growth Far Outpacing Population
Key Insight:
Test insight: capital growth outpaces population growth by 3.2x in QA sample data.
Top 5 developers share of Dubai residential transaction value (2020)
| DEVELOPER | PRIMARY (AED BN) | SECONDARY - OFF PLAN | SECONDARY - READY (AED BN) | TOTAL TRANSACTION VALUE | % SHARE WITHIN TOP 5 DEVELOPERS |
|---|---|---|---|---|---|
 Al SAQR DEVELOPERS | 12.5 | 8.3 | 5.2 | 26 | 100% |
Capital is concentrated:
QA test body 1: Auto-filled validation content for market insight. Demand remains concentrated in core segments with steady YoY growth.
Emaar anchors the market:
QA test body 2: Auto-filled validation content for market insight. Demand remains concentrated in core segments with steady YoY growth.
Pricing power is uneven:
QA test body 3: Auto-filled validation content for market insight. Demand remains concentrated in core segments with steady YoY growth.
2025 is conviction-led:
QA test body 4: Auto-filled validation content for market insight. Demand remains concentrated in core segments with steady YoY growth.
2020 Transaction Value:
Apartment vs Villa
Price based segmentation: Apartments
Dubai apartment market 2020 – Segmentation by price
| Segment | Price Range (AED MN) | 2020 Value (AED BN) | Share of 2020 Value (%) | Market Role |
|---|---|---|---|---|
| Affordable | <1M | 18.5 | 24.2% | Core volume driver |
| Mid-Market | 1M – 2M | 32.4 | 42.4% | Mid-market anchor |
| Upper Mid-Market | 2M – 5M | 12.8 | 16.7% | Affordable entry point |
| Luxury | 5M – 12M | 8.6 | 11.2% | Premium segment |
| Ultra-Luxury | >12M | 4.2 | 5.5% | Ultra-luxury niche |
Dubai Apartment Market 2020 – Transaction Value by Price Segment
The apartment market is anchored in the AED 1M–5M band:
QA test body 5: Auto-filled validation content for market insight. Demand remains concentrated in core segments with steady YoY growth.
Affordable housing plays a supporting role, not a driver:
QA test body 6: Auto-filled validation content for market insight. Demand remains concentrated in core segments with steady YoY growth.
Luxury and ultra-luxury remain selective, not speculative:
QA test body 7: Auto-filled validation content for market insight. Demand remains concentrated in core segments with steady YoY growth.
Price based segmentation:
Villas
Dubai villa market 2020 – Segmentation by price
| Segment | Price Range (AED MN) | 2020 Value (AED BN) | Share of 2020 Value (%) | Market Role |
|---|---|---|---|---|
| Affordable & Mid-Market | <1M – 2M | 22.4 | 42.3% | Core volume driver |
| Upper Mid-Market | 2M – 5M | 15.8 | 29.8% | Mid-market anchor |
| Luxury | 5M – 12M | 9.6 | 18.1% | Affordable entry point |
| Ultra-Luxury | >12M | 5.2 | 9.8% | Premium segment |
Dubai Villa Market 2020 – Transaction Value by Price Segment
QA Test Title 1 – Auto-fill sample
QA test body 8: Auto-filled validation content for market insight. Demand remains concentrated in core segments with steady YoY growth.
Key takeaway:
QA takeaway: Villas outperform in value share despite lower transaction count in test sample 2020.
2019 vs 2020
Year-on-Year Comparison (vs 2019)
| Metric | 2019 | 2020 | Change |
|---|---|---|---|
| Total transactions | 95 | 110.5 | +16.3% |
| Total sales value (AED Bn) | 108.5 | 124 | +14.3% |
| Average price per sqft | 122 | 137.5 | +12.7% |
| No. of Off-plan transactions | 135.5 | 151 | +11.4% |
| No. of ready transactions | 149 | 164.5 | +10.4% |
QA Test Title 2 – Auto-fill sample
QA test body 9: Auto-filled validation content for market insight. Demand remains concentrated in core segments with steady YoY growth.
Month on Month trend
Dubai Residential Market: Transactions & Value (Jan–Dec 2020)
QA Test Title 3 – Auto-fill sample
QA test body 10: Auto-filled validation content for market insight. Demand remains concentrated in core segments with steady YoY growth.
Key Inferences & Conclusions
QA Test Title 4 – Auto-fill sample
Sources: Public government data (Dubai Pulse) & Licensed market data (REIDIN)
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