Dubai Real Estate in September 2026
In line with historical patterns, September saw an increase in transaction value from August.
Words by Christie's International Real Estate Dubai in Dubai · Oct 8th, 2026
In September 2026, Dubai’s real estate market saw total transaction value rise by 7.61% from August to AED 50.9 billion, while the average value of transactions also increased by 6.9%. Overall transaction volume remained broadly stable at 16,387 transactions, reflecting a market that continued to show depth as activity picked up following the summer period.
Residential real estate also strengthened, with AED 33.6 billion in sales, up 5.99% month on month. While residential sales volume eased slightly to 14,499 transactions, the overall value growth points to resilience across Dubai’s residential property market.
The September pickup is broadly consistent with historical seasonal patterns in Dubai, where real estate activity typically gathers pace following the summer break.
Dubai's Residential Market Remains Balanced
The residential market continued to show a balanced mix between ready and off-plan properties. Ready homes accounted for 56.5% of residential sales by value, while off-plan transactions represented 43.5%.
By volume, the split was reversed, with 51.1% of transactions being off-plan and 48.9% ready properties. This highlights depth across both established homes and Dubai’s pipeline of new developments.
The average residential sales price stood at AED 1,600 per sq. ft., broadly stable from August.
Notable Communities
Dubai Hills Estate saw average residential sales prices per sq. ft. rise 29.24%, while Palm Jumeirah recorded a 10.2% increase. Palm Jumeirah residential sales value also rose 33.3%.
Elsewhere, Business Bay recorded an 11% increase in residential sales volume, while Downtown Dubai saw residential sales value increase 20%, alongside a 12% rise in sales volume.
These results reinforce the strength of demand across some of Dubai’s most established residential and luxury destinations.
Resilient Ultra-Prime Real Estate
The luxury segment distinguished itself in September, with a number of significant ultra-prime transactions across established and emerging luxury communities.
Notable sales included AED 300 million and AED 181.2 million villas in Jumeirah Bay, AED 260 million and AED 130 million villas at EŌME on Palm Jumeirah, and a AED 252 million villa in Dubai Hills Estate.
The presence of transactions at this level signals resilient demand for prime and ultra-prime Dubai property.
The Rental Market
Dubai’s residential rental market strengthened in September, with total transaction value rising 25.45% and transaction volume up 15.58% from August, reflecting the seasonal return of residents following the summer.
Office and commercial rental activity also accelerated, with total transaction value rising 38.46% and transaction volume increasing 8.99%. The return of professionals, alongside stable occupancy among established companies and continued new company registrations, points to demand for office and commercial space.
Looking Ahead
Dubai’s real estate market enters the final quarter with more positive momentum than before. Activity is expected to strengthen across both the broader residential and luxury segments, supported by resilient fundamentals and strong long-term growth potential.