Dubai Property Market Hits AED 90.62 Billion in Q3 2026, Off-Plan Leads Residential Sales

Dubai's real estate market saw robust activity in the third quarter of 2026, registering a total of AED 90.62 billion across 36,738 residential and commercial transactions. Off-plan sales remained the largest segment within the residential market, indicating continued buyer confidence in new developments across the emirate.

Residential Market Performance

Residential sales alone accounted for AED 72.58 billion from 33,949 transactions. Of this, the off-plan segment contributed AED 41.58 billion across 23,457 transactions. The secondary market also showed significant growth, reaching AED 30.83 billion across 10,442 transactions, with transaction value increasing by 24.22% and volumes rising by 22.52% compared to Q2.

Properties priced below AED 3 million made up a substantial 84.28% of all residential transactions in Q3, up from 82.45% in Q2. Homes between AED 1 million and AED 3 million represented the largest share at 44.04%, followed closely by properties under AED 1 million at 40.24%.

Dubai South emerged as the most active residential location with 5,165 transactions and an average price of AED 1,690 per sq. Ft. Other high-activity areas included Jumeirah Village Circle (2,312 transactions), Downtown Jebel Ali (1,890 transactions), Business Bay, Dubai Creek Harbour, and Dubai Marina.

“Dubai’s continued expansion is creating a new generation of residential communities, and off-plan remains central to that growth.”

Residential pricing varied by property type, with villas averaging AED 2,216 per sq. Ft., apartments at AED 1,794 per sq. Ft., and townhouses at AED 1,341 per sq. Ft.

Commercial Market Overview

Beyond residential properties, Dubai’s commercial market recorded AED 18.04 billion across 2,789 transactions in Q3. Land remained the largest commercial category by value, contributing AED 6.91 billion, or 38.30% of sales. Offices were the most actively traded commercial asset, with 1,123 transactions totalling AED 4.35 billion, an increase from Q2. Whole-building transactions also saw a rise, reaching AED 3.64 billion from 87 deals.