Dubai’s real estate sector achieved remarkable heights in June, recording an unprecedented number of rental agreements and a significant rise in property sales. This surge in activity showcases the sustained optimism among both buyers and tenants in the emirate’s property market.

Record Rental Numbers in Dubai

A recent analysis by fäm Properties, utilizing data from DXBinteract, revealed that June saw an astonishing 40,022 rental contracts, marking the highest monthly total in history. This impressive figure reflects robust growth in both newly established and renewed leases. Specifically, during June, there were:

• Total rental contracts: 40,022
• New contracts: 19,245, a substantial 48.6% increase year-on-year
• Renewed contracts: 20,777, up 28.5% from the previous year

These statistics indicate a strong interest from new residents moving into the city, alongside current tenants opting to stay in Dubai long-term.

The second quarter of 2026 concluded with:

• Total sales transactions: 38,157
• Sales value: AED 110.2 billion (approximately $30 billion)

Throughout the first half of the year, Dubai recorded:

• Property sales: 86,077
• Total sales value: AED 286.2 billion (around $77.9 billion)

Growth in Buyer Confidence

Firas Al Msaddi, CEO of fäm Properties, noted the increasing confidence among buyers and tenants reflected in both rental and sales data across various property sectors. He stated, “The consistent performance of Dubai South is pivotal in transitioning a location from emerging to established in the eyes of buyers, signaling a positive long-term market trajectory.”

June witnessed a month-on-month increase across all major property segments:

• Villas: 1,474 sales valued at AED 7.5 billion (approximately $2 billion), up 46.5%
• Apartments: 11,605 sales totaling AED 17.8 billion (around $4.8 billion), a 32.3% rise
• Commercial properties: 478 transactions worth AED 2.3 billion (about $626.2 million), up 42.7%
• Plots: 276 deals, valued at AED 5.4 billion (around $1.5 billion), reflecting a 68.3% increase

New builds dominated the sales landscape, contributing 10,398 transactions at a value of AED 21.6 billion (approximately $5.9 billion) compared to 3,535 resale transactions valued at AED 11.6 billion (around $3.2 billion).

Dubai South’s Continued Dominance

For the fourth consecutive month, Dubai South emerged as the leading area in Dubai’s property market. The district achieved:

• Total transactions: 2,869
• Sales value: AED 3.3 billion (around $898.5 million)
• Transaction volume growth: 111% month-on-month
• Sales value growth: 106% month-on-month

Notably, Dubai South has maintained its position among Dubai’s top five performing locales for eight months straight.

Luxury Sales Highlights

In June, the priciest apartment transaction was recorded at AED 200 million (approximately $54.5 million) in the Bugatti Residences by Binghatti, located in Business Bay. Meanwhile, the most expensive villa was sold for AED 89 million (around $24.2 million) in Eden Hills.

The high-performance areas in June included:

The continuous growth and buyer confidence showcased in Dubai’s real estate marketplace highlight a promising future, establishing the emirate as a top destination for property investment.