Dubai Real Estate Market Report
Q2, 2026 Analysis
Fateh Almsaddi, The Founder of DXBinteract
12, Nov 2026
Key takeaways
Dubai recorded 38,257 property sales worth 110.36 billion in Q2 2026, across all property types, according to DXBinteract analysis of Dubai Land Department (DLD) records. Transaction count fell 28.2% year on year, while the median price per sqft rose 4.5% to 1,698. Developer sales represented 74.8% of transactions.
Dubai Real Estate Market Report · Q2 2026
Dubai sales fell 28% in Q2 2026
110.36 billion in sales across all property types; the median price was 1,698/sqft.
By Fateh Al Msaddi, Founder, DXBinteract
Updated 2026-10-16 · Data retrieved 2026-10-16
| Metric | Stored figure | Year-on-year change / basis |
|---|---|---|
| Sales transactions | 38,257 | -28.2% |
| Sales value | 110.36 billion | -40.5% |
| Median sale price per sqft | 1,698/sqft | +4.5% |
| Primary share of sales count | 74.8% | All property types |
| Primary share of sales value | 68.9% | All property types |
Dubai recorded 38,257 property sales worth 110.36 billion in Q2 2026, across all property types, according to DXBinteract analysis of Dubai Land Department (DLD) records. Transaction count fell 28.2% year on year, while the median price per sqft rose 4.5% to 1,698. Developer sales represented 74.8% of transactions.
Sales value fell 40.5% year on year
Sales count and traded value fell even as the median price per sqft rose. This divergence makes it important to separate transaction activity from the pricing of the properties that actually sold.
| Metric | 2026 | Same period 2025 | Change |
|---|---|---|---|
| Sales count | 38,257 | 53,318 | -28.2% |
| Sales value () | 110,356,745,892 | 185,361,592,196 | -40.5% |
| Median /sqft | 1,698 | 1,625 | +4.5% |
Sales count fell 20.0% from Q1 2026
In Dubai, Q2 2026 sales count fell 20.0% against Q1 2026, across all property types; sales value fell 37.3%, and the median price per sqft fell 0.5%. These are comparisons of stored period snapshots. Seasonal patterns and the mix of transactions can affect period-to-period changes.
Developer purchases account for 74.8% of sales
Dubai developer sales numbered 28,622 in Q2 2026, or 74.8% of all-property-type transactions, according to DXBinteract analysis of DLD records. Resales numbered 9,635. Primary means bought directly from a developer; it is not a synonym for off-plan, and resales can include homes still under construction.
| Sales channel | Count | Count share | Value () | Value share | Median /sqft |
|---|---|---|---|---|---|
| Primary | 28,622 | 74.8% | 76,084,266,355 | 68.9% | 1,725 |
| Resale | 9,635 | 25.2% | 34,272,479,537 | 31.1% | 1,536 |
Apartment sales lead with 31,895 transactions
Dubai recorded 31,895 apartment sales in Q2 2026, the largest count among the property categories in this report. Category medians describe the properties sold; they are not valuations of an unchanged home.
| Category | Sales count | Sales value () | Median sale price () | Median /sqft | Sales-count YoY |
|---|---|---|---|---|---|
| Apartment | 31,895 | 56,548,330,271 | 1,183,000 | 1,714 | -21.6% |
| Building | 12 | 159,887,606 | 924,771 | 1,015 | +100.0% |
| Commercial | 1,374 | 9,239,655,936 | 3,083,344 | 3,329 | +9.7% |
| Plot | 593 | 16,026,925,990 | 6,942,004 | 761 | -46.0% |
| Villa | 4,383 | 28,381,946,090 | 3,850,000 | 1,403 | -57.4% |
Categories with fewer than 50 sales have small samples: their medians can move sharply when the mix changes. Total medians are calculated for the full population; they are not averages of category medians.
Business Bay leads the reported area ranking by value
Dubai’s Q2 2026 area table puts Business Bay first by sales value at 8.36 billion, for apartments, villas and commercial property only. This ranking excludes townhouses, plots and buildings, so its values and counts are not the basis for shares of the all-property headline.
| Rank | Area as recorded | Sales value () |
|---|---|---|
| 1 | Business Bay | 8,364,863,915 |
| 2 | Dubai South | 6,540,469,316 |
| 3 | Dubai Islands | 5,262,376,714 |
| 4 | Jabal Ali First | 3,840,458,159 |
| 5 | Wadi Al Safa 3 | 3,462,440,398 |
| Rank | Area as recorded | Sales count |
|---|---|---|
| 1 | Dubai South | 5,427 |
| 2 | Jabal Ali First | 2,340 |
| 3 | Al Barsha South Fourth | 2,143 |
| 4 | Wadi Al Safa 5 | 1,967 |
| 5 | Wadi Al Safa 3 | 1,812 |
Area names are reproduced as recorded. A DLD land district can contain several communities; the figures have not been reassigned to a narrower community name.
New apartment leases have a median annual rent of 66,000
Dubai recorded 34,412 new apartment rental contracts in Q2 2026, with median annual rent of 66,000; 43,319 apartment renewals had a median of 58,212. These are separate groups of recorded contracts, not a measure of the increase faced by an individual renewing tenant.
| Property type | Contract type | Count | Median annual rent () | Median annual /sqft |
|---|---|---|---|---|
| Apartment | New | 34,412 | 66,000 | 89 |
| Apartment | Renewal | 43,319 | 58,212 | 72 |
| Commercial | New | 6,124 | 115,000 | 120 |
| Commercial | Renewal | 8,395 | 105,750 | 101 |
| Villa | New | 4,868 | 177,000 | 72 |
| Villa | Renewal | 5,150 | 165,000 | 63 |
The rental section covers the listed apartment, villa and commercial categories. The contract date basis is not specified in the stored report, so rental year-on-year changes are not reproduced here without underlying comparison values. Gross or net rental yields cannot be inferred by dividing unrelated citywide rent and sale medians.
16,402 units launched and 14,563 delivered
Dubai’s Q2 2026 supply summary records 16,402 launched units across 61 projects and 14,563 delivered units across 54 projects. Source: DXBinteract analysis of DLD records. Launches and deliveries describe different stages of supply; their difference is not unsold inventory.
| Stage | Units | Projects |
|---|---|---|
| Launched | 16,402 | 61 |
| Delivered | 14,563 | 54 |
Launched units are not necessarily sold in the same period, and delivered units may have sold in earlier years. These figures do not establish an absorption rate or a forecast of future completions.
The highest listed apartment sale was 171,036,254
Dubai’s Q2 2026 notable-sale list is led by an apartment transaction of 171,036,254 at Aman Residences Tower 2. The villa list is led by 145,000,000 in Palm Jumeirah. These are the highest entries in the supplied lists, not claims about all-time records.
| Project as recorded | Area as recorded | Sale price () |
|---|---|---|
| Aman Residences Tower 2 | Jumeirah Second | 171,036,254 |
| Baccarat Residence T1 | Downtown Dubai | 121,841,000 |
| Solaya 5 | Jumeirah First | 112,603,000 |
| Area as recorded | Sale price () |
|---|---|
| Palm Jumeirah | 145,000,000 |
| Hadaeq Sheikh Mohammed Bin Rashid | 88,800,000 |
| Emirates Living | 86,000,000 |
Stored component periods show how activity changed
Dubai’s component-period snapshots are shown below alongside the Q2 2026 aggregate. Each row retains its own stored figures; medians are not averaged across periods.
| Period | Sales count | Sales value () | Median /sqft |
|---|---|---|---|
| April 2026 | 14,045 | 48,242,318,887 | 1,796 |
| May 2026 | 10,279 | 28,905,483,979 | 1,640 |
| June 2026 | 13,933 | 33,208,943,026 | 1,676 |
What these figures mean for buyers, landlords and market observers
Buyers
The Dubai-wide median of 1,698/sqft in Q2 2026 is a context figure. Location, building, condition, size and the sales channel can all differ from this population. A change in the median is not a like-for-like valuation.
Tenants and landlords
New apartment contracts at a median 66,000 a year and renewals at 58,212 describe different groups. Their gap is not an individual tenant’s rent increase or a property’s net rental yield.
Developers and market observers
Developer purchases represent 74.8% of transaction count, while the supply summary records 16,402 launched units. Transaction counts, launched units and completed units measure different events, so they cannot alone establish how much new supply has been absorbed.
Frequently asked questions
How many properties were sold in Dubai in Q2 2026?
The stored report records 38,257 sales across all property types in Q2 2026, worth 110.36 billion. The sales count fell 28.2% compared with the same period in 2025.
What was Dubai’s median property price per sqft in Q2 2026?
The median sale price per sqft was 1,698 across all property types. This is a transaction-based median, not an asking price or a measure of every home’s appreciation.
What share of Dubai sales came from developers in Q2 2026?
Primary purchases numbered 28,622, representing 74.8% of all sales by count. Primary means a purchase from a developer and includes more than off-plan sales.
What were Dubai apartment rents in Q2 2026?
New apartment contracts had a median annual rent of 66,000 across 34,412 contracts; renewals had a median of 58,212 across 43,319 contracts. These are separate contract populations.
How many units were launched and delivered in Dubai in Q2 2026?
The supply summary records 16,402 launched units and 14,563 delivered units. Launches and deliveries are different stages and do not measure unsold stock.
Methodology and definitions
Source: DXBinteract analysis of Dubai Land Department (DLD) records.
Figures are taken from the stored Q2 2026 report, retrieved on 2026-10-16. The retrieval date is not a confirmed registration cutoff. Sales count, value and median /sqft in the headline cover every property type. Area rankings and the historical series cover apartments, villas and commercial property only; they exclude townhouses, plots and buildings.
Sales are recorded transactions rather than listings or asking prices. Values are in and areas in sqft. Primary is a purchase directly from a developer; resale is a secondary-market purchase. Neither category establishes construction status. A median is the middle recorded value and cannot be averaged across segments.
Year-on-year sales comparisons, where shown, are recalculated from the corresponding stored 2025 and 2026 period rows on the same property-type basis. Monthly changes use the previous stored month and quarterly changes use the previous stored quarter. Figures may be revised as registrations and stored snapshots change; separately rounded category or channel values can differ slightly from totals.
The 2026 yearly row is incomplete and lacks a precise cutoff. No annual year-on-year percentage, full-year record claim, matched-window historical ranking or annualised forecast is asserted. Rental percentage changes are omitted where prior raw values or date definitions are not supplied. Named supply-project forecasts and rental yields are omitted because this report does not establish their basis.