UAE – Mubasher: Dubai’s real estate market recorded total sales transactions valued at AED 138.70 billion across 44,150 transactions in the first quarter (Q1) of 2026, according to a press release.
The record shows a 21.20% increase in value and a 4.35% increase in the number of transactions compared to the same time last year, meaning that buying and selling activity is still growing, supported by strong prices and more high-end
Farooq Syed, CEO of Springfield Properties, said: “The market is holding firm, supported by a depth of demand driven by long-term investors and end-users who view Dubai as a strategic destination for capital.”
Market activity continued into Q1-26, supported by ongoing absorption across new launches and completed inventory, as well as sustained engagement from a diversified buyer base.
He noted: “We are seeing a shift in how buyers engage with the market—more deliberate, more informed, and ultimately more aligned with long-term value.”
The pricing remained solid across the residential segment, with average values reaching AED 1,949 per square foot.
Off-plan apartments averaged AED 2,100 per square foot, while secondary villas maintained premium positioning at AED 2,354 per square foot.
Transaction activity remained concentrated across key residential hubs, including Jumeirah Village Circle, Dubai South, and DAMAC Islands 2.
Meanwhile, the rental market registered 139,439 transactions with a total value of AED 12.20 billion.
“Dubai continues to stand out globally, not just for its growth, but for its ability to sustain momentum and attract capital even as broader market conditions evolve,” Syed noted.
