A June rebound indicates resilient demand despite weaker overall sales in the first half of the year.
Dubai’s residential property market registered sales of Dh221.3 billion through nearly 79,200 transactions in the first half of 2026, according to real estate advisory and consultancy Cavendish Maxwell.
The data indicates another active six-month period for Dubai’s housing market, although residential sales were nearly 14% lower than the same period last year, while overall sales value fell by 15.7%.
June sales rebound
Market activity increased in June after a quieter May, with nearly 12,315 residential transactions worth Dh25.17 billion—about a third higher than May’s 9,500 deals worth Dh22 billion.
“Following a quieter May, partly due to the Eid holiday, residential sales rebounded in June, with nearly a 30% month-on-month increase in transactions,” said Ronan Arthur, Director and Head of Residential Valuation at Cavendish Maxwell. “While part of the rise reflects deferred deals from May, the recovery suggests investor confidence remained strong despite recent regional uncertainty.”
Off-plan continues to dominate the market
Off-plan sales remained the main driver of residential activity in June, accounting for 9,442 transactions, or 76% of the total market.
Off-plan deal value rose to Dh17.6 billion in June, up from Dh15.2 billion in May, indicating sustained buyer interest in new project launches and properties due for future handover.
The June rebound suggests demand has remained steady despite weaker first-half performance, with investors continuing to allocate capital to Dubai’s residential sector following a brief slowdown in May.
