Dubai property market records $7.1bn in July home sales as off-plan dominates
Dubai’s residential property market recorded AED25.95bn ($7.1bn) in July sales, with off-plan homes accounting for more than 70 per cent of transactions.
Dubai’s residential property market generated AED25.95bn ($7.1bn) in sales across 12,748 transactions during July 2026, with off-plan developments continuing to dominate buyer activity despite a more measured pace compared with the exceptionally strong market seen a year earlier.
According to Springfield Properties’ latest Dubai Real Estate Report, continued population growth, economic diversification and long-term investor confidence are supporting a transition towards a more balanced and fundamentally driven property market.
Residential sales totalled AED25.95bn ($7.1bn) across 12,748 transactions during July.
Off-plan developments accounted for 70.8 per cent of residential transaction volume and 58.9 per cent of total residential transaction value, reflecting continued confidence in Dubai’s development pipeline and the sustained appeal of integrated master-planned communities.
Farooq Syed, CEO of Springfield Properties, said: “Dubai’s residential market continues to be supported by genuine, long-term demand. Buyers remain confident in the city’s future because of its economic strength, world-class infrastructure and exceptional quality of life. While transaction activity is naturally becoming more balanced following several years of exceptional growth, the market’s underlying fundamentals remain remarkably resilient and continue to reinforce Dubai’s position as one of the world’s leading real estate destinations.”
Dubai South leads residential demand
The report said residential demand remained broad-based across both established communities and emerging growth corridors.
Dubai South recorded the highest transaction volumes during July, alongside continued activity in:
- Downtown Jebel Ali
- Jumeirah Village Circle
- Business Bay
- Arjan
The commercial real estate sector also remained active during the month, recording AED7.45bn ($2.03bn) in transactions across 1,011 deals.
Land transactions accounted for nearly half of total commercial transaction value, followed by offices and whole buildings, reflecting continued confidence in Dubai’s long-term business environment.
Farooq Syed added: “The definition of value continues to evolve. Buyers are increasingly choosing communities that combine connectivity, quality infrastructure, lifestyle amenities and long-term liveability alongside strong investment fundamentals. At the same time, sustained activity across the commercial market reflects continued confidence in Dubai’s economic outlook, creating a resilient real estate ecosystem supported by both end-users and investors”.
Market fundamentals remain strong
Springfield Properties said the continued performance of both residential and commercial real estate reflects the strength of Dubai’s diversified economy and the emirate’s long-term development strategy.
According to the report, continued investment in infrastructure, business expansion and integrated communities is strengthening the emirate’s position as one of the world’s most competitive and resilient real estate markets while creating opportunities across every segment of the sector.
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