Report
Residential Supply
2012
Dubai Residential Supply Overview 2012
28,800 New Homes Delivered in 2012
Value
Apartments
Villas
Serviced Apartments
The YoY Delivery Timeline Doesn't Show a Flood. It Shows Discipline.
Dubai Residential Completion: Year-on-Year (2009–2012)
Steady delivery growth across cycles
Apartments drove 2012 completions
Population growth vs new housing supply
Population Growth VS Homes Delivered
| Year | Total Population | People Added | Homes Delivered |
|---|---|---|---|
| 2009 | 1770000 | 60000 | 22000 |
| 2010 | 1830000 | 60000 | 24500 |
| 2011 | 1920000 | 90000 | 26800 |
| 2012 | 2010000 | 90000 | 28800 |
Population vs Housing Supply
Population Added
90,000
People
Homes Delivered
28,800
Units
Population insight 1 - absorption stayed healthy
Population insight 2 - absorption stayed healthy
Population insight 3 - absorption stayed healthy
Population insight 4 - absorption stayed healthy
Top communities by new supply 2012
Delivery concentration remained high in established corridors
Community supply insight 1
Community supply insight 2
Community supply insight 3
Supply concentration by Community
Top 5 Communities by Total Sales – Dubai 2012
Sales concentration insight 1
Sales concentration insight 2
Sales concentration insight 3
Sales concentration insight 4
Supply Concentration by Developer
Top Developers by Residential Supply
Developer insight 1 - top developers led supply
Developer insight 2 - top developers led supply
Developer insight 3 - top developers led supply
Apartments VS Villas
Dubai 2012 Bedroom Mix Pyramid : Apartments vs Villas
Dubai Residential Supply By Unit Type & Bedroom Configuration
| Bed Configuration | Total Units (All Type) | Apartments | Villas |
|---|---|---|---|
| Studios | 3,200 | 2,800 | 400 |
| 1 Bedroom | 6,800 | 6,200 | 600 |
| 2 Bedroom | 8,400 | 7,000 | 1,400 |
| 3 Bedroom | 5,200 | 3,800 | 1,400 |
| 4 Bedroom | 2,800 | 1,800 | 1,000 |
| 5 Bedroom | 1,400 | 800 | 600 |
| 5+ Bedroom | 600 | 300 | 300 |
| Others (Not Specifies) | 400 | 200 | 200 |
| Total Units | 28,800 | 22,900 | 5,900 |
Outlook for 2013 – A Summary
Estimated Residential Completions will be around: 75,017 units
| Unit Type | Units | Share of Total |
|---|---|---|
| Apartment | 22,008 | 29.3% |
| Villa | 15,009 | 20.0% |
| Serviced / Hotel Apartment | 38,000 | 50.7% |
| Grand Total | 75,017 | 100.0% |
Dubai Residential Supply Mix (2013)
Apartment : 22008 (29.3%)
Villa : 15009 (20%)
Serviced / Hotel Apartment : 38000 (50.7%)
Please note : The numbers mentioned are near estimates based on DLD's Completion status and likely delivery timelines
Expected Top 5 Communities with maximum supply
| Rank | Community | Unit |
|---|---|---|
| 1 | JVC | 8,200 |
| 2 | Business Bay | 7,400 |
| 3 | Dubailand | 6,900 |
| 4 | Town Square | 5,800 |
| 5 | Marina | 5,100 |
Expected Top 5 Developers with maximum supply
| Rank | Developer | Unit |
|---|---|---|
| 1 | Emaar | 12,500 |
| 2 | Damac | 9,800 |
| 3 | Nakheel | 7,600 |
| 4 | Sobha | 5,400 |
| 5 | Azizi | 4,800 |
Apartments VS Villas
Dubai 2013 Bedroom Mix Pyramid
Dubai Residential Supply Bedroom Mix (2013)
| Bed Configuration | Apartments | Villas |
|---|---|---|
| Studios | 4,600 | 600 |
| 1 Bedroom | 9,000 | 800 |
| 2 Bedroom | 9,400 | 1,800 |
| 3 Bedroom | 5,600 | 1,800 |
| 4 Bedroom | 2,800 | 1,400 |
| 5 Bedroom | 1,200 | 1,000 |
| 5+ Bedroom | 500 | 400 |
| Others | 300 | 400 |
Key Inferences & Conclusions
Conclusion 1 - supply kept pace with demand
Conclusion 2 - supply kept pace with demand
Sources: Public government data (Dubai Pulse) & Licensed market data (REIDIN)
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