Dubai property market report: Q2 2026
34,437 residential sales worth AED 73.7bn, with ready apartments selling at a median AED 1,403 per sqft. Real recorded transactions from the Dubai Land Department, not asking prices.
Data to 25 September 2026 · residential sales · calendar quarterQ2 2026 at a glance
- Dubai recorded 34,437 residential sales in Q2 2026, worth AED 73.7bn. Sales volume was down 23.1% on Q2 2025, and down 18.2% on Q1 2026.
- Off-plan sales made up 75.9% of transactions (+10.2 percentage points versus Q2 2025).
- Ready apartments sold at a median AED 1,403 per sqft, up 2.7% on Q2 2025. Off-plan apartments sold at AED 1,757 per sqft, down 4.2% on Q2 2025.
- Ready villas and townhouses sold at a median AED 1,430 per sqft, up 4.5% on Q2 2025, with a median price of AED 3.6M.
- By sales value, Palm Deira led with AED 4.8bn, followed by Dubai World Central and Saih Shuaib 1.
- Azizi Venice 14 was the most active project with 1,245 sales.
- Lenders registered 8,823 mortgages worth AED 31.6bn (all property types), down 19.7% on Q2 2025.
- Among areas with at least 20 ready-apartment sales in both periods, Jaddaf Waterfront had the biggest rise in price per sqft year on year (+30.4%), while Mohammed Bin Rashid Al Maktoum City -district -1 Community fell the most (-16.3%).
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 Q2 2026 residential sales.
Apartments by bedrooms
All apartment sales, ready and off-plan.
| Bedrooms | Sales | Median price | AED / sqft |
|---|---|---|---|
| 1 bed | 12,496 | AED 1.25M | 1,650 |
| 2 bed | 6,709 | AED 2.15M | 1,738 |
| 3 bed | 1,569 | AED 3.86M | 2,061 |
| 4 bed | 188 | AED 10.85M | 2,895 |
| Studio | 9,846 | AED 655,000 | 1,736 |
Top areas by sales value
Prices for every area →| Area | Sales | Total value | Median price | Off-plan |
|---|---|---|---|---|
| Palm Deira | 1,249 | AED 4.8bn | AED 3.13M | 100% |
| Dubai World Central | 4,125 | AED 4.4bn | AED 730,000 | 99% |
| Saih Shuaib 1 | 354 | AED 2.8bn | AED 6.58M | 100% |
| Dubai Creek Harbour | 932 | AED 2.7bn | AED 2.25M | 73% |
| Business Bay | 911 | AED 2.6bn | AED 2.05M | 52% |
| Jumeirah Village Circle | 2,066 | AED 2.3bn | AED 1M | 60% |
| Palm Jumeirah | 211 | AED 2.1bn | AED 5.9M | 36% |
| Downtown Dubai | 358 | AED 2.0bn | AED 3M | 32% |
| Al Yelayiss 1 | 432 | AED 1.5bn | AED 3.26M | 99% |
| Dubai Land Residence Complex | 1,555 | AED 1.5bn | AED 812,859 | 92% |
Most active projects
| Project / building | Sales | Median AED / sqft | Off-plan |
|---|---|---|---|
| Azizi Venice 14 | 1,245 | 1,697 | 100% |
| Damac Lagoons - Valencia | 766 | 1,871 | 100% |
| Binghatti Skyflame 1 | 482 | 1,370 | 100% |
| The Meriva Collection | 399 | 3,445 | 100% |
| Creek Bay | 386 | 2,751 | 100% |
| Lunaya | 354 | 2,712 | 100% |
| Sobha Central | 350 | 3,205 | 100% |
| Azizi Milan Heights | 286 | 1,751 | 100% |
| Eltiera Views | 285 | 2,650 | 100% |
| Serenz By Danube | 275 | 2,242 | 100% |
Biggest price movers, year on year
Median price per sqft of ready properties in Q2 2026 versus Q2 2025, for areas with at least 20 sales in both periods.
Apartments: biggest rises
| Area | Sales | AED / sqft | Year on year |
|---|---|---|---|
| Jaddaf Waterfront | 24 | 1,848 | ▲ +30.4% |
| Dubai Health Care City Phase 2 | 72 | 1,903 | ▲ +25.4% |
| Majan | 80 | 1,273 | ▲ +19.4% |
| International City Phase 3 | 149 | 877 | ▲ +16.8% |
| Damac Hills | 83 | 1,335 | ▲ +16.3% |
| Dubai Sports City | 191 | 992 | ▲ +12.9% |
Apartments: biggest falls
| Area | Sales | AED / sqft | Year on year |
|---|---|---|---|
| Mohammed Bin Rashid Al Maktoum City -district -1 Community | 47 | 1,829 | ▼ -16.3% |
| Jumeriah Beach Residence - Jbr | 85 | 1,526 | ▼ -11.4% |
| Zaabeel Second | 24 | 2,477 | ▼ -10.8% |
| Dubai Harbour | 53 | 3,295 | ▼ -10.3% |
| Wasl 1 | 21 | 1,894 | ▼ -9.5% |
| Dubai Land Residence Complex | 121 | 778 | ▼ -7.0% |
Villas and townhouses: biggest rises
| Area | Sales | AED / sqft | Year on year |
|---|---|---|---|
| Jumeirah Village Triangle | 21 | 1,242 | ▲ +48.5% |
| Mudon | 62 | 1,576 | ▲ +23.7% |
| Jumeirah Village Circle | 39 | 1,702 | ▲ +14.5% |
| Emirates Living | 66 | 1,702 | ▲ +10.7% |
| Town Square | 44 | 1,360 | ▲ +10.1% |
| Al Aryam | 37 | 1,196 | ▲ +5.9% |
Villas and townhouses: biggest falls
| Area | Sales | AED / sqft | Year on year |
|---|---|---|---|
| Arabian Ranches 3 | 51 | 1,870 | ▼ -8.8% |
| Dubai Investment Park First | 24 | 862 | ▼ -5.9% |
| Dubai World Central | 30 | 1,347 | ▼ -3.8% |
| Wadi Al Safa 5 | 44 | 1,442 | ▼ -2.8% |
| Mohammed Bin Rashid Al Maktoum District 11 | 29 | 1,613 | ▼ -2.7% |
| The Valley | 66 | 1,402 | ▼ -0.9% |
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Frequently asked questions
How many residential properties were sold in Dubai in Q2 2026?
Dubai Land Department recorded 34,437 residential sales worth AED 73.7bn in Q2 2026. Figures for recent quarters are preliminary and can be revised as late-registered transactions are added.
What was the average price per sqft for Dubai apartments in Q2 2026?
The median price of ready (existing) apartments was AED 1,403 per sqft, and off-plan apartments sold at a median AED 1,757 per sqft.
Which Dubai areas had the highest sales value in Q2 2026?
By total sales value the top areas were Palm Deira, Dubai World Central and Saih Shuaib 1.
How much of the Dubai market was off-plan in Q2 2026?
Off-plan properties accounted for 75.9% 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.
