Dubai property market report: Q3 2026
32,428 residential sales worth AED 62.6bn, with ready apartments selling at a median AED 1,388 per sqft. Real recorded transactions from the Dubai Land Department, not asking prices.
Data to 25 September 2026 · residential sales · calendar quarterQ3 2026 at a glance
- Dubai recorded 32,428 residential sales in Q3 2026 (to 25 September 2026), worth AED 62.6bn. Sales volume was down 39.4% on Q3 2025, and down 5.8% on Q2 2026.
- Off-plan sales made up 70.7% of transactions (-1.8 percentage points versus Q3 2025).
- Ready apartments sold at a median AED 1,388 per sqft, up 5.2% on Q3 2025. Off-plan apartments sold at AED 1,737 per sqft, down 7.2% on Q3 2025.
- Ready villas and townhouses sold at a median AED 1,434 per sqft, up 3.5% on Q3 2025, with a median price of AED 3.48M.
- By sales value, Dubai World Central led with AED 4.9bn, followed by Jumeirah Village Circle and City Of Arabia.
- Azizi Venice 6 was the most active project with 657 sales.
- Lenders registered 10,779 mortgages worth AED 40.1bn (all property types), down 4.4% on Q3 2025.
- Among areas with at least 20 ready-apartment sales in both periods, Majan had the biggest rise in price per sqft year on year (+65.5%), while Mohammed Bin Rashid Al Maktoum City -district -1 Community fell the most (-18.2%).
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 Q3 2026 residential sales.
Apartments by bedrooms
All apartment sales, ready and off-plan.
| Bedrooms | Sales | Median price | AED / sqft |
|---|---|---|---|
| 1 bed | 11,102 | AED 1.2M | 1,607 |
| 2 bed | 5,691 | AED 2.03M | 1,654 |
| 3 bed | 1,348 | AED 3.54M | 1,911 |
| 4 bed | 175 | AED 9.2M | 2,707 |
| Studio | 10,803 | AED 650,000 | 1,732 |
Top areas by sales value
Prices for every area →| Area | Sales | Total value | Median price | Off-plan |
|---|---|---|---|---|
| Dubai World Central | 4,564 | AED 4.9bn | AED 725,800 | 99% |
| Jumeirah Village Circle | 2,339 | AED 2.4bn | AED 958,657 | 48% |
| City Of Arabia | 1,681 | AED 2.4bn | AED 619,000 | 97% |
| Business Bay | 901 | AED 2.4bn | AED 1.69M | 39% |
| Palm Jumeirah | 175 | AED 2.1bn | AED 5.48M | 29% |
| Dubai Creek Harbour | 710 | AED 2.0bn | AED 2.55M | 69% |
| Downtown Dubai | 450 | AED 1.8bn | AED 2.78M | 20% |
| Down Town Jabal Ali | 1,857 | AED 1.7bn | AED 725,359 | 98% |
| Dubai Marina | 536 | AED 1.3bn | AED 2.25M | 6% |
| Palm Deira | 381 | AED 1.2bn | AED 2.75M | 100% |
Most active projects
| Project / building | Sales | Median AED / sqft | Off-plan |
|---|---|---|---|
| Azizi Venice 6 | 657 | 2,044 | 100% |
| Azizi Venice 14 | 620 | 1,639 | 100% |
| Raw District By Imtiaz R | 587 | 1,760 | 100% |
| Azizi Venice 15 | 516 | 1,726 | 100% |
| Azizi Milan Heights | 428 | 1,758 | 100% |
| Azizi Venice 13 | 396 | 1,687 | 100% |
| Azizi Venice 7 | 393 | 1,846 | 100% |
| Binghatti Skyterraces | 388 | 1,781 | 100% |
| Raw District By Imtiaz Cr | 368 | 1,767 | 100% |
| Eltiera Views | 336 | 2,322 | 100% |
Biggest price movers, year on year
Median price per sqft of ready properties in Q3 2026 versus Q3 2025, for areas with at least 20 sales in both periods.
Apartments: biggest rises
| Area | Sales | AED / sqft | Year on year |
|---|---|---|---|
| Majan | 103 | 1,277 | ▲ +65.5% |
| International City Phase 3 | 77 | 1,100 | ▲ +29.6% |
| Jaddaf Waterfront | 25 | 1,910 | ▲ +26.6% |
| Dubai Studio City | 62 | 1,378 | ▲ +26.2% |
| Living Legends | 32 | 1,075 | ▲ +25.6% |
| Al Goze Fourth | 20 | 943 | ▲ +15.5% |
Apartments: biggest falls
| Area | Sales | AED / sqft | Year on year |
|---|---|---|---|
| Mohammed Bin Rashid Al Maktoum City -district -1 Community | 38 | 1,837 | ▼ -18.2% |
| Liwan1 | 75 | 884 | ▼ -11.6% |
| Dubai Harbour | 54 | 3,192 | ▼ -11.1% |
| Dubai Science Park | 33 | 1,367 | ▼ -10.8% |
| Wasl 1 | 26 | 1,935 | ▼ -7.9% |
| Meydan One Community | 186 | 1,853 | ▼ -7.8% |
Villas and townhouses: biggest rises
| Area | Sales | AED / sqft | Year on year |
|---|---|---|---|
| Mudon | 107 | 1,712 | ▲ +12.3% |
| Dubai South Residential District | 21 | 1,287 | ▲ +8.1% |
| Jumeirah Village Circle | 49 | 1,552 | ▲ +7.2% |
| Emirates Living | 78 | 1,636 | ▲ +5.6% |
| Damac Hills | 28 | 1,290 | ▲ +3.3% |
| Town Square | 57 | 1,342 | ▲ +1.4% |
Villas and townhouses: biggest falls
| Area | Sales | AED / sqft | Year on year |
|---|---|---|---|
| Arabian Ranches 3 | 63 | 1,764 | ▼ -17.2% |
| Dubai World Central | 24 | 1,361 | ▼ -10.1% |
| Wadi Al Safa 5 | 63 | 1,445 | ▼ -7.7% |
| Arabian Ranches - 1 | 59 | 1,357 | ▼ -7.4% |
| Tilal Al Ghaf | 33 | 2,282 | ▼ -6.2% |
| The Valley | 70 | 1,392 | ▼ -5.1% |
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Frequently asked questions
How many residential properties were sold in Dubai in Q3 2026?
Dubai Land Department recorded 32,428 residential sales worth AED 62.6bn in Q3 2026 (to 25 September 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 Q3 2026?
The median price of ready (existing) apartments was AED 1,388 per sqft, and off-plan apartments sold at a median AED 1,737 per sqft.
Which Dubai areas had the highest sales value in Q3 2026?
By total sales value the top areas were Dubai World Central, Jumeirah Village Circle and City Of Arabia.
How much of the Dubai market was off-plan in Q3 2026?
Off-plan properties accounted for 70.7% 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.
