The latest survey data reveals that Dubai's real estate market is experiencing some shifts.

Among property buyers, 57% are currently looking for apartments, while 43% are exploring villas and townhouses.

Compared to previous trends, there has been a 3.2% decline in apartment demand. Among property buyers, the most commonly searched apartment type is two-bedroom units, accounting for 35%, followed by one-bedroom units at 32%.

Meanwhile, in the rental sector, 81% of individuals are seeking apartments, while 19% are interested in villas.

However, preferences differ when tenants can afford villa/townhouse rentals.

Approximately 57% of tenants opt for unfurnished units, while 43% prefer furnished units.

Around 38% of renters are searching for one-bedroom apartments, 29% prefer two-bedroom apartments, and 23% are looking for studios.

As for villas/townhouses, 49% of tenants primarily seek three-bedroom units, while 31% are looking for four-bedroom or larger options.

Additionally, real estate companies and developers in the Dubai market have responded to these changes by launching more high-end villa projects to meet the increasing demand for villas among buyers.

Popular areas for villa/townhouse rentals in Dubai include Dubai Hills, Jumeirah, Al Barsha, Dubai Hills 2 (Akoya), and Arabian Ranches. Among property buyers, top communities with apartments include Downtown Dubai, Jumeirah Village Circle, Business Bay, Dubai Marina, and Jumeirah Palm Island.

Combining the data above, the decline in apartment demand may be attributed to various factors such as increased demand for larger spaces and better living environments, as well as evolving buyer preferences in the property market.

Various types of property supply in the Dubai market are continuously adjusted to cater to the diverse housing needs of consumers. As Dubai's real estate market continues to evolve, these changes and trends are likely to have a profound impact on the market moving forward."