The Dubai real estate sector is poised in 2026 to reach unprecedented levels of rental contracts, indicating a robust market trajectory. Recent research by fäm Properties reveals significant numbers that highlight this growth, showcasing the emirate’s continuing appeal to investors and tenants alike.

Record Rental Agreements in 2026

In July alone, Dubai registered a staggering 38,197 rental contracts, divided into 18,431 new agreements and 19,766 renewals. This brings the cumulative total for the first seven months of 2026 to approximately 214,445 contracts, representing a 1.9% increase compared to the same timeframe in 2025. Last year concluded with an impressive total of 377,660 registered contracts, setting the stage for another record-breaking year.

The preference for apartments remains prominent, with 88,327 rental contracts allocated to one-bedroom units, constituting around 41% of all leases recorded. This ongoing demand mirrors the lifestyle choices of many Dubai residents, reflecting the city’s vibrant living conditions and appealing amenities.

Sales Transactions Surge in the Market

July also marked a notable month for property sales, with 13,872 transactions generating a remarkable AED 34.5 billion (approximately $9.39 billion). The majority of these sales were off-plan properties, totaling 9,585 transactions worth AED 20.5 billion. In comparison, the resale market saw 4,287 transactions valued at AED 14.0 billion. The data signals a robust investor interest, especially in new developments, as buyers continue to be drawn to Dubai’s thriving economy.

Moreover, figures from DXBinteract indicate that Dubai South has maintained its status as the leading area for sales volume for five consecutive months. Last month, the region witnessed 2,351 transactions totaling AED 2.6 billion, primarily driven by off-plan sales that accounted for AED 2.3 billion of this total.

Market Resilience and Future Outlook

Firas Al Msaddi, CEO of fäm Properties, emphasizes the significance of these statistics, proposing that the level of rental activity reflects a resilient market despite regional uncertainties. The considerable volume of renewals suggests that many individuals continue to view Dubai as an excellent place to live and work, reinforcing the investment potential of the market.

In July, the city also recorded substantial sales in the residential sector, with 11,759 apartment transactions valued at AED 17.8 billion. The villa sector contributed an impressive 1,322 sales worth AED 7.8 billion, along with 268 plot sales generating AED 6.9 billion. The commercial real estate market comprised 515 transactions, including offices and shops, totaling AED 1.9 billion.

The most notable sale in July was an apartment at Aman Residences Tower 2 in Jumeirah Second, priced at AED 166 million. Meanwhile, the most expensive villa was sold for AED 73 million at The Oasis – Lavita. The data shows current trends, with properties valued above AED 5 million comprising 7% of total sales, while 8.2% fell within the AED 3-5 million range.

In summary, the Dubai property market showcases resilience and growth potential as it heads toward another record-setting year in rental contracts. The increasing number of transactions, both rental and sales, signifies sustained interest in the emirate as a premier destination for living and investing.