Dubai real estate transactions surpassed 286 billion, reaching 421 billion dirhams in the first half of 2026.

Dubai real estate transactions surpassed 286 billion, reaching 421 billion dirhams in the first half of 2026.

Dubai’s real estate market has seen significant activity in the first half of this year, highlighting its resilience and growth. Approximately AED 421 billion worth of transactions were recorded from around 109,500 deals, demonstrating a dynamic landscape for investors and homebuyers alike.

Transaction Breakdown

In this bustling market, the distribution of transactions reveals a diverse portfolio. Sales dominated the landscape, reaching AED 286.4 billion from 86,000 transactions. Mortgages accounted for AED 102 billion from 19,000 deals, while donations contributed AED 31.4 billion through 4,500 transactions. Notably, sales included 71,510 residential units, 7,300 buildings and villas, and 7,130 plots of land. Mortgages were granted for 14,500 apartments, 2,590 buildings, and 5,235 plots, while donations comprised 3,510 residential units, 260 villas and buildings, and 735 land plots.

Interestingly, the first half of 2026 witnessed a notable 23% increase in mortgage transactions, pointing to a robust lending environment. Donations also surged by 47.5%. Conversely, sales volume experienced a 12% decline, likely influenced by ongoing geopolitical tensions affecting the region.

Off-Plan versus Completed Transactions

Examining the type of transactions provides further insight into market dynamics. Off-plan transactions reached AED 143.5 billion through 59,640 deals, with sales contributing AED 140 billion. Mortgages in this category amounted to AED 1.3 billion from 212 transactions, while donations were valued at AED 2.2 billion from 630 deals.

In terms of completed transactions, the mid-term trading value stood at AED 277.3 billion from 49,760 deals. This included sales of AED 147 billion from 27,150 transactions and mortgages totaling AED 101 billion from 18,740 deals. Donations in completed transactions reached AED 29.3 billion from 3,870 transactions, signaling ongoing interest in fully developed properties.

Leading Areas for Sales and Mortgages

Analyzing the most active areas for real estate transactions, Dubai Islands led in residential apartment sales, totaling AED 8.4 billion. Airport City followed closely with AED 7.2 billion, and Business Bay came in with AED 6 billion. In the buildings and villas sector, Al-Yalais 1 topped the list with AED 10.6 billion in sales, while Wadi Al-Safa 3 and Saih Shuaib 1 each recorded AED 1.4 billion.

For land sales, Maisam II emerged as the leader with AED 10.1 billion, followed by Al-Yalais 5 at AED 7 billion. Notably, Business Bay excelled in apartment mortgages at AED 1.5 billion, while Palm Jumeirah led for buildings and villas with AED 780 million. The Dubai Waterfront area stood out as the most mortgaged land area, totaling AED 11 billion.

Monthly Trends in June

June marked a pivotal month for Dubai’s real estate sector, with a total turnover of AED 49 billion generated from 17,710 deals. The distribution of these transactions showcased the market’s vitality: sales generated AED 33.5 billion from 13,700 transactions, while mortgages amounted to AED 10.5 billion from 3,000 deals. Additionally, gifting transactions contributed AED 5 billion from 1,010 deals.

This robust monthly performance underscores the ongoing demand in Dubai’s real estate market, despite recent challenges. Investors and homeowners continue to seek opportunities, bolstered by a diverse array of financing options and market offerings. The future looks promising, as Dubai adapts and thrives in a competitive landscape.