UAE Real Estate Transactions Surge 103% in H1 2026, Dubai Records Second-Highest Sales Volume

The UAE's real estate market demonstrated robust performance in the first half of 2026, driven by strong investor demand, population growth, and supportive government policies. This growth indicates a transition towards a more mature phase for the sector, with momentum expected to continue throughout the year, according to the Emirates News Agency (WAM).

Transaction and Sales Highlights

Property transactions saw substantial increases across the UAE. The combined value of apartment and villa sales soared by 173.9%, reaching more than AED 84.4 billion (approximately $23 billion). This was accompanied by a 103% rise in transaction volumes, totalling 16,585 deals compared to the same period last year, based on ADXinteract analysis cited by WAM.

Dubai, in particular, recorded over $77.8 billion in property sales during H1 2026, marking the second-highest half-year sales volume in the emirate's history. This data comes from W Capital Real Estate Broker, utilising Dubai Land Department information. Beyond that, new real estate projects announced in Dubai since the start of 2026 exceeded $74.8 billion in value, representing the largest half-year cycle of project launches ever for the emirate.

Market Drivers and Outlook

Industry experts attribute the sector's strength to various factors, including the UAE's economic stability, flexible regulations, and long-term development plans. Farhad Azizi, Group CEO of Azizi Developments, highlighted the growing role of property in the UAE economy, supported by housing demand, foreign investment, and an increasing number of self-financed buyers.

Looking ahead, growth is anticipated to become more balanced, with heightened competition among projects based on location, quality, execution, and investment potential. Key drivers for future demand include population growth, expanding economic activity, sustained residential demand, and major infrastructure projects, particularly around Dubai South and Al Maktoum International Airport. Demand for master-planned communities, branded residences, and waterfront developments is expected to remain strong, while new supply could contribute to a more balanced market.