Dubai Real Estate in August 2026

At Christie’s International Real Estate Dubai, we are committed to presenting accurate, transparent market intelligence, irrespective of the direction of market movement.

Our August 2026 Dubai real estate review examines the market’s performance objectively, identifies emerging pockets of momentum and highlights the trends shaping opportunities across the city.

August saw a seasonal cooling in Dubai’s real estate market, with overall transaction activity and residential sales easing from July, broadly in line with historical summer patterns seen in previous years.

While headline transaction data softened, the moderation was not uniform across the market. Certain segments and communities continued to demonstrate greater resilience and sustained momentum, reinforcing the importance of looking beyond aggregate figures to understand where demand remains strongest.

The city recorded AED 47.3 billion in total real estate transactions during August, down 15.6% from July, across 16,489 transactions, a 17.4% monthly decline. Of this total, sales accounted for AED 31.7 billion across 14,858 transactions, while the average residential sales price remained broadly stable at AED 1,616 per sq. ft.

The ready and off-plan markets remained closely balanced by value, at 49% and 51% respectively. By volume, however, off-plan continued to lead, accounting for 55.8% of transactions compared with 44.2% for ready properties.

One of the clearest positive signals came from Dubai’s villa market. 

Average villa sale prices rose 5.2% from July, while off-plan villa sales jumped 15.1% by value and 17.3% by volume. The performance reinforces the enduring appeal of luxury villa living in Dubai, where space, privacy and resort-style amenities continue to attract discerning buyers.

At the luxury end of the market, demand remained robust. Prime destinations including Palm Jumeirah and Emirates Hills, alongside emerging luxury neighbourhoods, continued to record significant transactions.

August saw several notable deals, including a AED 160 million six-bedroom villa in District One, villas on Palm Jumeirah transacting between AED 110 million and AED 125 million, and a AED 97.75 million villa in Emirates Hills.

We expect Dubai’s real estate market to regain momentum as Q3 progresses into Q4, with activity to strengthen across both the broader residential and luxury segments. Our outlook remains positive, supported by resilient fundamentals and strong long-term growth potential.