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In the third quarter of 2026, Dubai real estate recorded approximately 34,500 residential transactions worth Dh70.8 billion, witnessing a quarter-on-quarter (QoQ) drop of four percent and 14 percent, respectively. Transaction volume declined by 38 percent year-on-year (YoY).
The Dubai real estate sector recorded 335 sales of homes valued at US$10 million (Dh36.7 million) and above in the first eight months of 2026, underling the city’s position as one of the world’s leading luxury residential markets.
While the ready unit market in Dubai achieved pre-war sales record in July, the off-plan sector dominated the market, accounting for 74 percent of monthly transactions so far. Property consultancy Cavendish Maxwell revealed that combined sales in July reached 12,860 transactions worth Dh26.1 billion. Sales topped Dh247.2 billion across 92,130 transactions from January to July 2026 - exhibiting a drop of 21 percent and 17 percent respectively year on year from H1 2025.
