Instead of substituting \( z = e^{i\theta} \), let's use the conjugate/algebraic property that for \( |z|=1 \), \( \bar z = 1/z \), and test whether \( w = \dfrac{z-1}{z+1} \) satisfies \( \bar w = -w \) (the defining property of a purely imaginary number).
Compute \( \bar w = \dfrac{\bar z - 1}{\bar z + 1} = \dfrac{1/z - 1}{1/z+1} = \dfrac{1-z}{1+z} = -\dfrac{z-1}{z+1} = -w \). Since \( \bar w = -w \), the number \( w \) is purely imaginary (this is exactly the algebraic condition that characterizes numbers with zero real part).
- 0: \( w=0 \) would require \( z=1 \), a single specific point on the unit circle, not the value for a general \( z \) with \( |z|=1 \); this is too restrictive to be the general answer.
- real: A real number satisfies \( \bar w = w \), but we've shown \( \bar w=-w \), which is the opposite condition (unless \( w=0 \)); so "real" does not describe \( w \) in general.
- purely imaginary: This matches the condition \( \bar w=-w \) derived directly from \( |z|=1 \), confirming this option.
- complex numbers: While technically every number (including purely imaginary ones) is complex, this option is too vague and doesn't capture the specific structural property (\( \bar w=-w \)) that \( w \) actually satisfies; "purely imaginary" is the precise classification.
The conjugate relation confirms \( w=\dfrac{z-1}{z+1} \) is purely imaginary whenever \( |z|=1 \) (and \( z\ne-1 \)).
Therefore, the correct answer is purely imaginary.