Dubai property market report: Q1 2026
42,106 residential sales worth AED 106.3bn, with ready apartments selling at a median AED 1,433 per sqft. Real recorded transactions from the Dubai Land Department, not asking prices.
Data to 25 September 2026 · residential sales · calendar quarterQ1 2026 at a glance
- Dubai recorded 42,106 residential sales in Q1 2026, worth AED 106.3bn. Sales volume was up 6.2% on Q1 2025, and down 20.4% on Q4 2025.
- Off-plan sales made up 70.4% of transactions (+8.1 percentage points versus Q1 2025).
- Ready apartments sold at a median AED 1,433 per sqft, up 6.3% on Q1 2025. Off-plan apartments sold at AED 1,852 per sqft, up 2.3% on Q1 2025.
- Ready villas and townhouses sold at a median AED 1,495 per sqft, up 10.4% on Q1 2025, with a median price of AED 3.23M.
- By sales value, Al Yelayiss 1 led with AED 9.1bn, followed by Palm Deira and Business Bay.
- Maybach Six was the most active project with 656 sales.
- Lenders registered 10,150 mortgages worth AED 37.9bn (all property types), up 9.3% on Q1 2025.
- Among areas with at least 20 ready-apartment sales in both periods, Dubai Studio City had the biggest rise in price per sqft year on year (+38.8%), while Majan fell the most (-17.0%).
Prices
Sales per quarter
Residential sales transactions, last 8 quarters.
Sales value per quarter
AED billion, last 8 quarters.
Ready apartment price per sqft
Median AED per sqft, existing properties only.
Off-plan share of sales
Percentage of transactions.
What buyers bought
Sales by price band
Share of Q1 2026 residential sales.
Apartments by bedrooms
All apartment sales, ready and off-plan.
| Bedrooms | Sales | Median price | AED / sqft |
|---|---|---|---|
| 1 bed | 15,061 | AED 1.28M | 1,646 |
| 2 bed | 9,177 | AED 2.32M | 1,855 |
| 3 bed | 2,242 | AED 4.14M | 2,229 |
| 4 bed | 227 | AED 12M | 3,164 |
| Studio | 8,754 | AED 718,999 | 1,758 |
Top areas by sales value
Prices for every area →| Area | Sales | Total value | Median price | Off-plan |
|---|---|---|---|---|
| Al Yelayiss 1 | 2,751 | AED 9.1bn | AED 2.9M | 100% |
| Palm Deira | 1,638 | AED 5.4bn | AED 2.68M | 100% |
| Business Bay | 1,735 | AED 5.1bn | AED 2.31M | 62% |
| Palm Jumeirah | 333 | AED 3.8bn | AED 6.08M | 41% |
| Dubai Creek Harbour | 1,192 | AED 3.6bn | AED 2.95M | 70% |
| Jumeirah Village Circle | 2,980 | AED 3.4bn | AED 1.05M | 62% |
| Hadaeq Sheikh Mohammed Bin Rashid | 112 | AED 2.9bn | AED 20.67M | 0% |
| Downtown Dubai | 577 | AED 2.7bn | AED 3.05M | 31% |
| Dubai Maritime City | 865 | AED 2.5bn | AED 2.55M | 99% |
| Dubai World Central | 1,287 | AED 2.3bn | AED 1.3M | 94% |
Most active projects
| Project / building | Sales | Median AED / sqft | Off-plan |
|---|---|---|---|
| Maybach Six | 656 | 3,626 | 100% |
| Binghatti Vintage | 539 | 1,853 | 100% |
| Hado By Beyond | 513 | 3,158 | 100% |
| Damac Islands 2 - Bahamas 2 | 376 | 1,822 | 100% |
| Damac Islands 2 - Cuba | 370 | 1,772 | 100% |
| Damac Islands 2 - Bahamas 1 | 345 | 1,822 | 100% |
| Sierra By Iman | 338 | 1,690 | 100% |
| Damac Islands 2 - Tahiti 2 | 331 | 1,797 | 100% |
| Binghatti Cullinan | 323 | 2,207 | 100% |
| Damac Islands 2 - Bermuda | 323 | 1,822 | 100% |
Biggest price movers, year on year
Median price per sqft of ready properties in Q1 2026 versus Q1 2025, for areas with at least 20 sales in both periods.
Apartments: biggest rises
| Area | Sales | AED / sqft | Year on year |
|---|---|---|---|
| Dubai Studio City | 125 | 1,404 | ▲ +38.8% |
| Dubai Investment Park Second | 110 | 829 | ▲ +38.2% |
| Jumeirah Village Triangle | 136 | 1,409 | ▲ +34.7% |
| Liwan1 | 159 | 980 | ▲ +32.9% |
| Down Town Jabal Ali | 44 | 1,443 | ▲ +31.1% |
| Dubai Health Care City Phase 2 | 135 | 1,824 | ▲ +30.1% |
Apartments: biggest falls
| Area | Sales | AED / sqft | Year on year |
|---|---|---|---|
| Majan | 473 | 851 | ▼ -17.0% |
| Bluewaters Island | 34 | 5,381 | ▼ -4.0% |
| International City Phase 3 | 80 | 1,005 | ▼ -4.0% |
| Dubai Harbour | 92 | 3,425 | ▼ -2.5% |
| Mohammed Bin Rashid Al Maktoum City -district -1 Community | 24 | 2,228 | ▼ -0.8% |
| Wasl 1 | 27 | 2,017 | ▼ -0.5% |
Villas and townhouses: biggest rises
| Area | Sales | AED / sqft | Year on year |
|---|---|---|---|
| Mudon | 86 | 1,696 | ▲ +34.0% |
| The Villa | 29 | 1,007 | ▲ +26.4% |
| Dubai South Residential District | 54 | 1,334 | ▲ +24.5% |
| Arabian Ranches II | 20 | 1,518 | ▲ +23.8% |
| Jumeirah Golf Estates | 26 | 2,758 | ▲ +16.8% |
| Al Aryam | 48 | 1,263 | ▲ +15.9% |
Villas and townhouses: biggest falls
| Area | Sales | AED / sqft | Year on year |
|---|---|---|---|
| Jumeirah Village Triangle | 42 | 1,135 | ▼ -1.1% |
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Frequently asked questions
How many residential properties were sold in Dubai in Q1 2026?
Dubai Land Department recorded 42,106 residential sales worth AED 106.3bn in Q1 2026.
What was the average price per sqft for Dubai apartments in Q1 2026?
The median price of ready (existing) apartments was AED 1,433 per sqft, and off-plan apartments sold at a median AED 1,852 per sqft.
Which Dubai areas had the highest sales value in Q1 2026?
By total sales value the top areas were Al Yelayiss 1, Palm Deira and Business Bay.
How much of the Dubai market was off-plan in Q1 2026?
Off-plan properties accounted for 70.4% of residential sales transactions.
Other reports
All reports →Source: Dubai Land Department open transaction data, residential sales registered up to 25 September 2026 (apartments, hotel apartments, villas, townhouses and residential land), grouped by calendar quarter of the transaction date. Prices per sqft are medians; ready (existing) and off-plan sales are shown separately because they are priced differently, and sales under AED 250 per sqft are ignored. Total value excludes single transactions above AED 300 million. Villa, townhouse and plot prices per sqft use the registered unit or plot area. Area and project names follow Dubai Land Department records. Mortgage figures cover all property types. Recent quarters are preliminary because the Dubai Land Department adds transactions after the fact. This is market information, not a valuation or financial advice.
