Dubai's Ready Home Sales Surge 20% in July, Overall Market Tops AED 247 Billion YTD

Dubai's ready residential property market experienced a significant uplift in July 2026, with sales volumes rising by almost 20% compared to the previous month. This surge marks the highest monthly level for ready home sales since February, as reported by real estate advisory firm Cavendish Maxwell.

Over 3,400 ready residential properties were purchased in July, translating to a sales value of AED 9 billion. This represents a notable increase from June, which saw approximately 2,870 sales worth AED 7.5 billion. Across both ready and off-plan segments, July's total sales approached 12,860 transactions, accumulating a value of AED 26.1 billion.

Looking at the broader picture, Dubai's total off-plan and ready home sales value from January to July 2026 reached an impressive AED 247.2 billion, spread across 92,130 transactions. However, this indicates a year-on-year decline of 21% in value and 17% in transactions compared to the same period last year. The off-plan sector continues to be the dominant force, consistently making up about 74% of monthly transactions during the first seven months of the year.

Ronan Arthur, Director and Head of Residential Valuation at Cavendish Maxwell, commented on the trend, noting that "The market rebound that we saw in June has also been reflected in July’s figures, indicating a continuation of the more measured market conditions that have emerged this year." He added that while activity improved modestly, overall transactions remained lower than the previous year as the market undergoes a transition after an extended period of exceptional growth.