Market News

Dubai Residential Sales Rise as Ready Market Gains Momentum in July 2026

Dubai recorded AED 26.9 billion in residential property sales during July 2026, with renewed activity in the ready market and continued demand for prime villas.

Words by Christie's International Real Estate Dubai in Market News · Aug 5th, 2026

Dubai Property Market Records a Constructive July

Dubai’s real estate market maintained its positive trajectory in July 2026. Across all registered property activity, transaction value reached AED 57.2 billion, an increase of 14.9% MoM, while transaction volume rose by 2.7% to 19,526. 

Within the residential sales market 13,495 properties transacted for a combined AED 26.9 billion. Sales volume increased by 0.7% MoM, while value rose by 1.2%.

The figures indicate a broadly stable residential market, with growth distributed differently across property types and completion statuses.

Ready Property Sales Gain Momentum

Ready homes were among the strongest-performing areas of the market during July.

Ready residential sales volume increased by 13.6% from the previous month to 3,821 transactions. Sales value rose by 11.8% to AED 9.5 billion. 

Off-plan property remained the larger component of the market, generating 9,674 sales worth AED 17.5 billion. However, both off-plan volume and value declined by 3.7% month on month.

This shift does not indicate a loss of relevance for off-plan property, which still represented almost two-thirds of residential sales value. It does, however, show increased buyer participation in completed properties where the home, location and surrounding infrastructure can be assessed immediately.

Apartment Demand Supports Transaction Volume

Dubai recorded 12,125 apartment sales in July, an increase of 2.1% from June. Their combined value remained stable at AED 18.7 billion.

The ready apartment market produced the clearest increase in activity. Sales volume rose by 20% to 3,129 transactions, while value increased by 6.1% to AED 5.3 billion.

Off-plan apartment sales remained dominant, accounting for 74.2% of apartment transaction volume and 71.5% of value. Nevertheless, off-plan volume declined by 2.9%, while value fell by 2.2%.

The contrast between the two segments suggests that July’s apartment market growth came primarily from a larger number of completed homes.

Villa Values Rise Despite Lower Sales Volume

Villa sales presented a different pattern. A total of 1,370 villas were sold during July, representing a 10.6% monthly decline in volume. However, their combined value increased by 4.1% to AED 8.2 billion. The average sale price per square foot rose by 4.9% to AED 1,547.

Higher value alongside lower volume indicates that activity was weighted towards the prime market during the month. This was particularly visible some communites:

Jumeirah Golf Estates recorded 53 villa sales worth approximately AED 1 billion. Transaction volume increased by 40%, while value rose by 51.6% from June.

Palm Jumeirah recorded 11 villa sales with a combined value of AED 444.4 million. This represented a 450% increase in volume and a 351% increase in value.

Dubai’s Market Continues to Broaden

July’s results point to a market supported by several distinct sources of demand. Off-plan property continues to represent the majority of residential activity, while the completed-home segment is recording faster monthly growth. Apartment volumes are rising, and villa transaction values remain supported by purchases in Dubai’s prime communities.

Rather than relying on a single segment, the market is being sustained by buyers with different objectives, from investors entering new developments to end users and international purchasers seeking completed homes in established locations.