Dubai real estate: Home sales near $60.18bn in H1 2026

Transaction volumes recovered sharply in June after a quieter May, though H1 figures still fell short of last year’s pace.

Staff Writer
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Article summary

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Dubai's residential market logged nearly AED221.3 billion across almost 79,200 transactions in the first half of 2026, with June recovering sharply after a slower May. Year-on-year, H1 volumes and values still fell 14% and 15.7% respectively against the same period in 2025.

Key points

  • Dubai H1 2026 residential sales neared AED221.3bn across 79,200 deals
  • June transactions rose roughly a third versus May
  • H1 volumes fell nearly 14% year-on-year

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Dubai’s residential property market recorded close to AED221.3 billion across almost 79,200 transactions in the first half of 2026, according to data published by real estate advisory firm Cavendish Maxwell.

June drove much of the late momentum. Nearly 12,315 transactions worth a combined AED25.17 billion were registered during the month, up roughly a third compared to May’s 9,500 purchases at AED22 billion.

Off-plan sales accounted for the bulk of June activity, with 9,442 transactions representing a 76 per cent market share and a total value of AED17.6 billion, compared with AED15.2 billion in May.

“Following a quieter May, partly because of the Eid holiday, residential sales rebounded in June, with an almost 30 per cent month-on-month rise in transactions. While some of the increase reflects deals deferred from May, the recovery indicates investor confidence remained resilient despite recent regional uncertainty,” Ronan Arthur, Director, Head of Residential Valuation at Cavendish Maxwell said in a statement.

Set against the same period in 2025, however, the picture is more measured. H1 2026 transaction volumes fell just under 14 per cent year-on-year, with total sales values down 15.7 per cent.