Dubai Land Department figures show the emirate’s property market processed AED 32.7 billion in total sales value during July 2026, a 3 percent increase from June even as year-on-year comparisons remain constrained by an exceptionally strong July 2025. Transaction volume reached 13,405 deals, also up 3 percent month-on-month, with the average sale price settling at AED 2,440,486.
Understanding these figures requires attention to timing. The Dubai Land Department data reflects agreements reached in March and April, a period coinciding with regional tensions that created uncertainty in the market. The July figures therefore represent the delayed impact of those earlier conditions. By contrast, activity recorded in the current month provides a more accurate window into what is actually occurring on the ground in real time.
Residential property maintained its commanding position in market composition, representing 95 percent of total transaction volume while accounting for 79 percent of overall value. Commercial transactions comprised the remaining 689 deals, valued at AED 6.9 billion. Despite representing just 5 percent of transaction volume, commercial deals delivered 21 percent of total value, a disparity that reflects the structural nature of Dubai’s commercial real estate activity, where office, retail, and land transactions typically involve substantially larger individual values than residential sales.
Off-plan sales continued to serve as the market’s foundation, generating 9,293 transactions worth AED 16.8 billion and representing 69 percent of volume and 65 percent of residential value. The secondary market experienced a notably stronger month-on-month performance, rising 17.35 percent to 3,423 transactions valued at AED 9 billion. Given the inherent lag between contract signing and official transfer, this secondary market strength suggests resale activity from spring commitments is now working through the system.
Property type analysis revealed villa and townhouse transactions reaching 1,368 units at an average price of AED 6,074,999, showing month-on-month gains. Apartments dominated volume with 11,348 transactions at an average price of AED 1,538,886. Villas and townhouses continued to command outsized value relative to their transaction share, representing 32 percent of total value from just 11 percent of volume.
High-end transactions underscored continued strength in the luxury segment. The largest villa and townhouse sales included a Wildflower villa in Jumeirah Golf Estates for AED 110 million, a unit at The Oasis for AED 72.67 million, a Frond M villa on Palm Jumeirah for AED 63 million, a plot on Al Wasl for AED 60 million, and an Emirates Hills villa for AED 56 million. The apartment market saw a Jumeirah 2 Aman Residences unit reach AED 164.1 million, a Dubai Silicon Oasis penthouse sell for AED 100 million, and three additional Palm Jumeirah and International City transactions each exceeding AED 74 million.
By community, Dubai South led with 2,334 transactions, followed by Downtown Jebel Ali with 881 deals, Jumeirah Village Circle with 864, Azizi Milan with 624, and Dubai Residence Complex with 448.
Completed units reached 4,782 in July, a 51 percent increase compared to July 2025. Unlike sales figures, which reflect agreements signed months prior, completion data offers a clearer indication of actual construction progress and pipeline health independent of shorter-term sentiment fluctuations. Commercial activity showed office transactions totalling 376 deals worth AED 1.37 billion, with average office sale prices rising 55 percent year-on-year to AED 3,635,993, though month-on-month pricing softened. Retail and warehouse transactions accounted for 145 deals valued at AED 552 million.
July’s transfer activity demonstrates that spring-era agreements are moving through the system in reasonable volume. Whether this represents genuine renewed market momentum or simply the mechanical clearing of earlier commitments will become clearer as August and September data, which more closely reflect current contract activity, emerges.