Monthly reportPublished 16 September 202616 pagesMENA HOMES Research Team

Dubai Residential Market Report — July 2026

Dubai recorded 13,499 residential transactions in July 2026, with a total value of AED 29.57 billion. Transaction volume was broadly stable, declining 0.5% month on month, while total value increased 4.1%. Average residential pricing stood at AED 1,801 per sq.ft, down 2.7% month on month. Off-plan transactions continued to dominate the market, accounting for 69.9% of total residential sales.

July 2026 Institutional Market Watch Summary

Dubai recorded 13,499 residential transactions in July 2026, with a total value of AED 29.57 billion. Transaction volume was broadly stable, declining 0.5% month on month, while total value increased 4.1%. Average residential pricing stood at AED 1,801 per sq.ft, down 2.7% month on month. Off-plan transactions continued to dominate the market, accounting for 69.9% of total residential sales.

Dubai Market Performance

Apartments remained the largest residential segment, recording 11,547 transactions worth AED 17.8 billion. Off-plan sales reached 9,441 transactions worth AED 15.71 billion, while ready properties recorded 4,058 transactions worth AED 13.86 billion. The market therefore remained apartment-led and off-plan-heavy, although ready-market activity showed stronger monthly momentum.

Abu Dhabi Market

Abu Dhabi recorded 1,917 residential transactions worth AED 7.09 billion. Off-plan sales accounted for 1,445 transactions and 75.4% of activity, while ready sales contributed 442 transactions worth AED 1.78 billion. Apartments led transaction volume, while villas generated a similar overall transaction value despite a smaller number of deals.

Pricing & Yield

Dubai's headline residential sale price was AED 1,801 per sq.ft, with a headline gross rental yield of 7.71%. Apartments delivered the strongest valid gross yield at 7.92%, compared with 4.53% for villas. Cap rates were not calculated because the imported datasets do not contain the required net operating income and operating-expense information.

Market Structure & Liquidity

Dubai remained highly concentrated in apartments and off-plan sales, with the strongest project-level liquidity centered in major development corridors such as Madinat Al Mataar, Jumeirah Village Circle, Jabal Ali Industrial Second, and City of Arabia. Madinat Al Mataar was the largest micro-market, recording 2,223 transactions and a 16.5% market share.

Risk Assessment

The July market remained active, but softer pricing momentum and high off-plan concentration were the main risks. Off-plan represented 69.9% of transactions, while the five largest areas accounted for 35.2% of market activity. Rental-market depth remained supportive, with 67,338 rental registrations and a 56% renewal share.

Overall Market View

The July 2026 market remained liquid and active, but momentum was mixed. Transaction volumes were broadly stable, total value increased, and ready-market activity improved, while pricing softened and off-plan concentration remained high. Apartments continued to offer the strongest combination of transaction depth and gross rental yield, while villas and smaller segments remained more selective.

Methodology

Published numerical metrics are derived from imported Dubai Land Department (DLD) sales and rental records and Abu Dhabi Real Estate Centre (ADREC) sales data. AI is used only for narrative interpretation and is not the source of published numerical market figures.