Dubai ready home sales jump 20% to $2.45bn as property market rebounds

Dubai ready home sales jumped almost 20% in July to more than 3,400 properties worth AED9bn, reaching their highest monthly level since February.

Dubai ready home sales jumped almost 20 per cent in July 2026, reaching their highest monthly level since February as activity in the emirate’s completed residential property market strengthened.

More than 3,400 ready residential properties worth AED9bn ($2.45bn) were purchased during the month, according to new data from real estate advisory and property consultancy Cavendish Maxwell.

July’s performance represented a significant increase from June, when around 2,870 ready homes worth AED7.5bn ($2.04bn) were sold.

The increase took monthly ready-home transactions to their highest level since February.

Across both the ready and off-plan markets, total residential sales approached 12,860 transactions in July, with properties worth AED26.1bn ($7.11bn) sold.

Dubai ready home sales rise

The figures indicate continued improvement following the market rebound recorded in June, although overall transaction levels remain below those seen a year earlier.

Cavendish Maxwell data shows that Dubai recorded 92,130 off-plan and ready home transactions worth more than AED247.2bn ($67.31bn) between January and July 2026.

Despite the scale of sales, the figures represent year-on-year declines.

Total sales value was down 21 per cent compared with the same period last year, while the number of transactions declined 17 per cent.

The figures point to more measured conditions in Dubai’s residential property market following an extended period of exceptional activity.

Off-plan property continues to dominate Dubai sales

Off-plan property remains the dominant segment of Dubai’s residential market.

The sector has consistently accounted for around 74 per cent of monthly residential transactions so far in 2026, according to Cavendish Maxwell.

Ready property, however, provided support to the market’s month-on-month improvement in July.

Ronan Arthur, Director, Head of Residential Valuation at Cavendish Maxwell, said: “The market rebound that we saw in June has also been reflected in July’s figures, indicating a continuation of the more measured market conditions that have emerged this year. While residential sales activity improved modestly from June, supported by the ready market, overall transactions remained lower than a year earlier as the market continues to transition following an extended period of exceptional activity.”