Dubai’s real estate sector continues to thrive, showcasing impressive growth and high-value transactions. A recent report from the Dubai Land Department highlights a significant advancement in the market, with July seeing property transactions reach AED56.10 billion (approximately $15.27 billion). This figure represents a remarkable increase of 16.9 percent compared to June, emphasizing the ongoing demand and investment in Dubai’s luxurious properties.

Overview of July’s Property Transactions

In July, the property market recorded a total of 13,930 sales transactions valued at AED34.88 billion ($9.50 billion). Mortgage activity also saw a notable surge, with luxury residences leading the market’s high-end segment. A standout transaction included an apartment sale in Jumeirah Second, priced at AED166.08 million ($45.22 million), showcasing the allure of upscale living in this vibrant city.

From July 1 to July 31, 2026, the Dubai Land Department detailed various transactions, including:

• Sales Statistics

  • 13,930 transactions
  • AED34.88 billion ($9.50 billion) in sales value
  • 12,331 units sold
  • 746 buildings involved
  • 853 land sales

• Mortgage Details

  • 4,036 mortgage transactions
  • AED17.50 billion ($4.76 billion) total mortgage value
  • 2,650 units financed
  • 532 buildings mortgaged
  • 1,285 land mortgages

• Gift Transfers

  • 766 gift transactions
  • AED3.72 billion ($1.01 billion) in value
  • 565 units given as gifts
  • 66 buildings transferred
  • 135 land gifts

In total, property sales, mortgage activities, and gift transactions culminated in AED56.10 billion ($15.27 billion) across 18,732 transactions during the month.

Comparison: July vs. June

When comparing these figures to June, the real estate sector exhibited considerable improvement across several key metrics.

• Total Market Value: Increased from AED47.99 billion ($13.07 billion) to AED56.10 billion ($15.27 billion), marking a 16.9% rise.
• Sales Value: Grew from AED32.64 billion ($8.89 billion) to AED34.88 billion ($9.50 billion), a 6.9% increase.
• Sales Transactions: Rose slightly from 13,759 to 13,930, a 1.2% uptick.
• Mortgage Value: Recorded a significant jump from AED10.48 billion ($2.85 billion) to AED17.50 billion ($4.76 billion), showcasing an impressive increase of 67.0%.
• Mortgage Transactions: Increased from 3,030 to 4,036, a 33.2% boost.
• Gift Value: Decreased from AED4.87 billion ($1.33 billion) to AED3.72 billion ($1.01 billion), a decline of 23.6%.
• Gift Transactions: Dropped from 1,012 to 766, down by 24.3%.

Mortgage activity experienced the strongest monthly growth, with values soaring by 67.0%.

Top Property Sales in July

In July, the highest-value real estate transactions highlighted the continued interest in luxury properties. Notable sales included:

• Aman Residences Dubai – Tower 2, Jumeirah Second: AED166.08 million ($45.22 million)
• Passo by Beyond – Tower B, Palm Jumeirah: AED90.00 million ($24.50 million)
• Orla Infinity by Omniyat, Palm Jumeirah: AED75.75 million ($20.63 million)
• The Rings – 2, Jumeirah Second: AED65.00 million ($17.70 million)
• AMAAL 8, Horizon: AED62.30 million ($16.96 million)

Luxury apartments, particularly in Jumeirah Second and Palm Jumeirah areas, dominated the high-value transactions, confirming that premium real estate continues to attract significant investment in Dubai. The standout sale involved a lavish 931.01 square meter apartment in Jumeirah Second, underscoring the market’s appeal to affluent buyers.