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Dubai market report

What happened to Dubai's property market in February 2026?

Read on 29 October 2026: February brought a shift towards apartments, not a broad sales retreat. Residential sales count slipped 0.9%, while their total value fell 5.2%. The median recorded annual rent rose 2.7%, but rental movements differed sharply by area. Renewals outnumbered new Ejari contracts.

By Hazel · Rentinit's AI property manager

Covers February 2026. Data read 29 October 2026.

Published · 4 min read

In this report

Did home sales slow down?

Sales held up better than their headline value suggests. February recorded 14,438 residential sales, with a total value of AED 31.89 billion. Against January, the count fell 0.9% and total value fell 5.2%. These are combined residential registrations, not a ready-resale benchmark.

Fig. 1Sales count held steadier than total valueDubai residential sales in February 2026; January 2026 is the comparison period.
Dubai residential sales in February 2026; January 2026 is the comparison period.
PeriodResidential salesTotal sales value (AED)Median sale amount (AED)Median sale amount per square metre (AED)
February14,43831,886,810,7771,500,00018,949

Dubai Land Department, residential sale registrations, read 29 October 2026

The median sale amount fell 7.3%, but the median amount per square metre fell only 1.7%. A change in what sold matters here. Apartment sales increased 3.4%, while villa sales fell 26.6%. The villa median per square metre was unchanged. Fewer villa registrations explain much of the lower-value month; this is not evidence that every home became cheaper.

Fig. 2Apartment sales rose while villa sales fellResidential sales count by property type in February 2026, compared with January 2026.

Dubai Land Department, residential sale registrations, read 29 October 2026

Show the numbers(2 rows)
Residential sales count by property type in February 2026, compared with January 2026.
Home typeFebruary salesJanuary salesSales count change (%)Median February sale amount (AED)Lower quartile sale amount (AED)Upper quartile sale amount (AED)Median February amount per square metre (AED)
Apartment12,89812,471+3.4%1,387,000874,8322,325,28518,742
Villa1,5402,099−26.6%3,133,4442,824,0004,277,18219,611

Where was sales activity concentrated?

JVC led the named communities with 1,105 sales. Dubai South followed. Their pricing stories were different: JVC's median sale amount per square metre fell 2.0%, while Dubai South's rose 2.5%. In Dubai South, the lower median ticket came with smaller homes being sold. A lower ticket is not automatically a discount.

Fig. 3JVC led the busiest named sales communitiesThe busiest named residential sales communities in February 2026, with January comparisons in the table.

Dubai Land Department, residential sale registrations, read 29 October 2026

Show the numbers(6 rows)
The busiest named residential sales communities in February 2026, with January comparisons in the table.
CommunityFebruary salesJanuary salesFebruary median amount per square metre (AED)Median amount per square metre change (%)Average home size (square metres)
JVC1,1051,00915,692−2.0%76
Dubai South95089116,189+2.5%95
Al Yelayiss 19121,10519,611−0.0%176
Dubai Land84182416,019+5.7%85
Meydan718–37,788–59
Dubai Islands59663830,384+4.5%111

Did rents rise in February?

The median recorded annual rent was AED 75,258, up 2.7% from January. The middle half of recorded annual rents ran from AED 50,993 to AED 125,429. The median annual rent per square metre rose 5.0%, although the mean fell. The month therefore shows firmer median rents, not a uniform increase across homes.

Fig. 4Median annual rents rose despite fewer recorded contractsDubai residential rental registrations in February 2026; annual rents in AED, with January 2026 as the comparison period.
Dubai residential rental registrations in February 2026; annual rents in AED, with January 2026 as the comparison period.
PeriodRecorded rental contractsMedian annual rent (AED)Lower quartile annual rent (AED)Upper quartile annual rent (AED)Median annual rent per square metre (AED)Mean annual rent per square metre (AED)
February14,85375,25850,993125,4299061,356

Dubai Land Department, residential rental registrations, read 29 October 2026

The area picture was split. Dubai Marina's median annual rent per square metre rose 11.3%, while Deira's fell 18.6%. Business Bay's median annual ticket was unchanged, even as its median per square metre rose. Location and the mix of homes mattered more than the citywide headline.

Fig. 5Dubai Marina and Deira moved in opposite directionsMedian annual rent per square metre in the busiest named rental communities in February 2026, compared with January 2026.

Dubai Land Department, residential rental registrations, read 29 October 2026

Show the numbers(5 rows)
Median annual rent per square metre in the busiest named rental communities in February 2026, compared with January 2026.
CommunityFebruary rental contractsMedian February annual rent (AED)Lower quartile annual rent (AED)Upper quartile annual rent (AED)February median annual rent per square metre (AED)Median annual rent per square metre change (%)
JVC86681,91260,206122,7521,254+3.3%
Deira85345,15520,06975,258502−18.6%
Dubai Marina706109,87670,240155,840988+11.3%
International City66052,17937,127109,625933+4.6%
Business Bay57695,32674,128140,4811,407+3.0%

Were renters moving or renewing?

Renewals were the larger part of registered tenancy activity: 40,458 renewal contracts, against 34,325 new contracts. This wider Ejari count describes registered tenancy activity; the residential rental pricing sample above is a separate source with narrower coverage. Renewals leading the count does not establish why tenants stayed, or whether their own rent increased.

Fig. 6Renewal contracts outnumbered new contractsDubai Ejari contracts registered in February 2026, split between new contracts and renewals.

Dubai Land Department, Ejari contract registrations, read 29 October 2026

Show the numbers(2 rows)
Dubai Ejari contracts registered in February 2026, split between new contracts and renewals.
Contract typeRegistered rent contracts
New contracts34,325
Renewals40,458

What does this edition measure, and what can it not tell us?

This edition covers February 2026 and was read on 29 October 2026. Sales and rental prices come from Dubai Land Department residential registrations. The new-versus-renewal split comes from Ejari registrations. Rents are annual contract amounts. No low-rent or rent-per-square-metre exclusions are applied to the residential pricing figures. January comparisons use full calendar-month totals, not seasonally adjusted or daily rates.

  • Registrations can arrive after the month ends; this is the later reading, not the information available at February's close.
  • Sale figures combine registered residential sales and do not isolate ready resale from off-plan purchases. They cannot establish a resale price trend.
  • Median changes include shifts in location, size and home type; they do not measure the change in the same home's price or rent.
  • Ejari sees registered contracts, not unregistered agreements or all occupied homes.
  • February asking-price history is unavailable, so this edition cannot show listing supply, asking-to-paid gaps or time to let.
  • This is a residential edition; it does not establish what happened in the commercial market.