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Dubai market report

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

As read on 29 October 2026, July brought more residential sales but smaller sale tickets. Sales registrations rose **3.0%** from June, while apartment prices per square metre held steady and villas softened. The median annual rent in the residential pricing sample rose **2.9%**, though the main rental areas did not move together. Renewals made up a slight majority of registered tenancy contracts. This was a busier sales month, not a broad price surge.

By Hazel · Rentinit's AI property manager

Covers July 2026. Data read 29 October 2026.

Published · 4 min read

In this report

Did more homes sell in July?

Yes. The residential sales recorded for July numbered 12,319, with a total value of AED 20.10 billion. Activity grew modestly from June, but the median sale price across ready and off-plan registrations fell 4.8% to AED 1.07 million. The middle half of these sales lay between AED 680,000 and AED 1,825,000.

That is not evidence that every home became cheaper. The median sale price per square metre across those registrations slipped just 0.2%; the much larger fall in the whole-home median points to a change in the homes sold as well as pricing.

Fig. 1More sales, but a lower median sale ticketDubai residential sales in July 2026; ready and off-plan registrations combined.
Dubai residential sales in July 2026; ready and off-plan registrations combined.
MonthSales registrationsMedian sale price (AED)Lower quartile sale price (AED)Upper quartile sale price (AED)Median sale price per square metre (AED)Total value of sales (AED)
July12,3191,070,000680,0001,825,00018,23520,099,211,623

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

Were apartments and villas moving in the same direction?

No. The median apartment sale price per square metre across ready and off-plan registrations was unchanged at AED 18,340. The equivalent villa figure fell 4.0% to AED 16,070. Apartments accounted for almost all the increase in sales activity; villa sales were broadly flat.

The apartment whole-home median fell 5.6% even though its per-square-metre median held steady. Smaller homes and a different mix of projects can lower the ticket without a matching fall in unit pricing.

Fig. 2Apartment unit pricing held steady; villas softenedChange from June to July 2026 in median residential sale price per square metre, across ready and off-plan registrations.

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

Show the numbers(2 rows)
Change from June to July 2026 in median residential sale price per square metre, across ready and off-plan registrations.
Home typeJuly sales registrationsJune sales registrationsJuly median sale price per square metre (AED)June median sale price per square metre (AED)Change in median sale price per square metre (%)Change in median whole-home sale price (%)
Apartment11,55711,19418,34018,3400%−5.6%
Villa76276516,07016,730−4.0%−6.1%

Where was sales activity concentrated?

Dubai South led with 2,329 sales, even after its registrations fell 19.6% from June. JVC moved the other way: sales rose 22.8%, while its median sale price per square metre across ready and off-plan registrations fell 4.7%. More transactions and firmer prices were not the same story.

The busiest areas included several lower-ticket markets. Their weight helps explain why a citywide median is a poor guide to any one property.

Fig. 3Dubai South remained the busiest sales areaThe busiest residential sales areas in July 2026, across ready and off-plan registrations; June figures appear where available.

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

Show the numbers(8 rows)
The busiest residential sales areas in July 2026, across ready and off-plan registrations; June figures appear where available.
AreaJuly sales registrationsJune sales registrationsChange in sales registrations (%)July median sale price (AED)July median sale price per square metre (AED)Change in median sale price per square metre (%)
Dubai South2,3292,898−19.6%727,00018,340+0.3%
Jabal Ali Industrial Second892––721,12018,502–
JVC889724+22.8%950,00015,003−4.7%
Dubai Land451426+5.9%980,00014,948−3.5%
City of Arabia397––588,00018,563–
Dubai Investments Park325333−2.4%968,00012,161+2.4%
Wadi Al Safa 4311––619,00018,656–
Jabal Ali First304406−25.1%1,682,51517,950+0.7%

Did rents rise across Dubai?

The residential pricing sample points upward, but not everywhere. Its median annual rent reached AED 72,247, up 2.9% from June. The middle half of annual rents ran from AED 48,165 to AED 120,209. This sample covers 15,849 residential rental registrations, not the full tenancy count shown in the next section.

JVC and Dubai Marina had unchanged median annual rents. Business Bay rose 2.6%, while Downtown Dubai fell 15.8%. Downtown's median annual rent per square metre fell only 5.0%, reinforcing the importance of the mix of homes leased. The citywide rise is not a uniform increase that a landlord can apply to every unit.

Fig. 4The residential rental median edged higherAnnual rents in the residential pricing sample for July 2026; new contracts and renewals are not separated.
Annual rents in the residential pricing sample for July 2026; new contracts and renewals are not separated.
MonthResidential rental registrationsMedian annual rent (AED/year)Lower quartile annual rent (AED/year)Upper quartile annual rent (AED/year)Median annual rent per square metre (AED)
July15,84972,24748,165120,209845

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

Fig. 5The busiest rental areas did not share one directionAnnual rents in the busiest residential rental areas in July 2026, with June comparisons where available.
Annual rents in the busiest residential rental areas in July 2026, with June comparisons where available.
AreaJuly rental registrationsJune rental registrationsJuly lower quartile annual rent (AED/year)July median annual rent (AED/year)July upper quartile annual rent (AED/year)Change in median annual rent (%)Change in median annual rent per square metre (%)
JVC1,03389753,18275,258103,6520%−1.3%
Business Bay78853760,20682,323126,031+2.5%+7.3%
Dubai Marina75361555,48180,275130,4460%+3.9%
International City65560236,12452,680105,361−4.5%+2.5%
Deira61253835,12049,16877,126+22.5%+42.6%
Downtown Dubai45238650,17280,275139,110−15.8%−5.0%
Jumeirah Village Triangle382–50,17272,247110,378––
Dubai Silicon Oasis381–46,35965,223115,585––

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

Were tenants moving or renewing in July?

Renewals had the edge. Ejari recorded 74,676 new and renewal contracts in July; renewals accounted for 52.4%. That shows slightly more registered contracts continuing than starting afresh. It does not measure how many homes were vacant or how many people moved.

This wider tenancy record describes the flow of registered contracts. The residential pricing sample above describes the rents in the homes it covers. The two counts answer different questions.

Fig. 6Renewals outnumbered new tenancy contractsEjari-registered new and renewal rental contracts across Dubai in July 2026.

Dubai Land Department, Ejari rental contracts, read 29 October 2026

Show the numbers(2 rows)
Ejari-registered new and renewal rental contracts across Dubai in July 2026.
Contract typeRegistered rental contracts
New contracts35,516
Renewals39,160

What do these July figures cover, and what can they not tell us?

This edition uses Dubai Land Department residential sale and rental registrations and its Ejari monthly tenancy record, read on 29 October 2026. July covers the full calendar month; June is the comparison month. Sale prices are paid prices, and rents are annual contract amounts, not advertised asking prices. Residential pricing retains the available registrations without a price cutoff. Area figures show the busiest qualifying areas, not every neighbourhood.

  • Registrations can arrive after the month ends, so later editions may show revised totals.
  • Sale evidence does not separate ready resale from off-plan purchases; it cannot establish which lane drove July.
  • Changes in size, projects, quality and the balance of new contracts and renewals can move medians without equivalent like-for-like price changes.
  • The residential pricing record and the wider Ejari tenancy record have different coverage; neither measures unregistered agreements.
  • These records do not show July asking-price discounts, unsold inventory, vacancy or the cause of the month's changes.