Dubai Real Estate Market Review 07-May-2026

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Dubai Real Estate Market Review 15-May-2026  

Dubai’s off-plan office sales hit a record AED3 billion in April 2026

Dubai property owners still doubling money even after market softening

Dubai is shifting toward a buyers’ market as price growth softens after a five-year rally. Opportunistic and long-term investors are returning, especially in off-plan and infrastructure-linked areas. Despite April sales falling year-on-year, executives say liquidity, fundamentals, and investor confidence remain strong.

Read the full article on Khaleej Times

32 offices in Business Bay sold for Dhs646 million in Dubai

Business Bay recorded AED646 million in office sales across 32 transactions on Wednesday. Omniyat’s Lumena dominated with AED558.5 million from 20 office deals, while The HQ by Rove contributed AED50.3 million and Lumena Alta added AED37.2 million.

Read the full article on Gulf Today

Ajman records Dh200 million land deal as largest single-day transaction

Ajman recorded a AED200 million land deal in Al Zahia, its largest transaction of the day. The mixed-use plot highlights investor confidence in flexible development sites. The deal follows a strong Q1, with valuation transactions rising 63% year-on-year to AED2.92 billion.

Read the full article on Travels Dubai

Dubai records highest-ever monthly off-plan office sales at $817 million in April

Dubai’s off-plan office sales hit a record AED3 billion in April 2026, led by Business Bay with AED2.8 billion. First-four-month off-plan office sales reached AED9.4 billion, already more than double 2025’s full-year value, while ready office sales also rose month-on-month.

Read the full article on Economy Middle East

Dubai residential property sales hit 57,300 in four months of 2026

Dubai recorded over 57,300 residential sales from January to April 2026, with off-plan accounting for 74% of activity. While total sales fell 2.5% year-on-year and April was down 20%, Cavendish Maxwell says fundamentals remain strong and Q2 will offer clearer direction.

Read the full article on Zawya

Palmridge Appoints JLL To Deliver New Residential Development in Dubai

Palmridge appointed JLL to manage project and cost delivery for Villea West, its debut Dubai residential project in Jumeirah Garden City. The 11-storey development will offer 229 furnished apartments with lifestyle and wellness amenities, with completion scheduled for Q4 2027.

Read the full article on Construction Business News

Dubai beachfront plots sell for Dh400 million in record luxury land deal

A AED400 million beachfront land deal in Jumeirah Coastline has created one of Dubai’s rare large coastal development sites. The 113,000 sq ft plot assembly will host three ultra-luxury villas with private beach and marina access, highlighting continued demand for scarce super-prime land.

Read the full article on Gulf News

Abu Dhabi’s first floating sales gallery opens on Reem Island

MERED has launched a floating sales gallery on Al Reem Island as an introduction to Riviera Residences, its waterfront residential project in Abu Dhabi.

Read the full article on Arabian Business

QUBE Development appoints ASGC as main contractor for ELIRE managed by LUX*

QUBE Development appointed ASGC as main contractor for ELIRE, Managed by LUX*, a branded residence in Business Bay. Construction is underway, with handover planned for Q4 2028, signalling QUBE’s focus on build quality, delivery confidence, and long-term asset value.

Read the full article on Zawya

Fire breaks out at construction site in Dubai Marina, promptly contained

A fire broke out early Wednesday at an under-construction building near Al Habtoor Grand in Dubai Marina. Emergency crews responded quickly, roads were closed for safety, and the blaze appeared under control by around 9:00am, with cooling operations continuing.

Read the full article on Gulf Business

Tilal Binghatti attracts over 10,000 at Dubai pre-booking event

Tilal Binghatti’s pre-launch drew more than 10,000 visitors to Coca-Cola Arena, signalling strong demand for Dubai villa communities. The project marks Binghatti’s first integrated villa and mansion development, positioned between Dubai Academic City and Emirates Road.

Read the full article on Travels Dubai

Dubai Real Estate Transactions as Reported on the 6th of May 2026

On the 06-May-2026, the total transacted value reached AED 1.47 billion. Off-plan dominated with AED 1.05 billion (71.2%), while Ready accounted for AED 423.2 million (28.8%).

CategoryOff-Plan (AED millions)Ready (AED millions)
Flats697.9299.6
Villas137.0102.7
Hotel Apt. & Rooms7.817.2
Commercial203.03.7
Total1,045.7423.2

Off-Plan Market Performance

Total Value: AED 1.05 billion

•            Flats: AED 697.9 million (66.7%)

•            Villas: AED 137.0 million (13.1%)

•            Hotel Apts & Rooms: AED 7.8 million (0.7%)

•            Commercial: AED 203.0 million (19.4%)

Off-plan activity remained the clear driver of the market, with flats accounting for two-thirds of the segment. Commercial transactions also made a notable contribution, reinforcing the growing role of income-generating and business-related assets within Dubai’s off-plan market.

Ready Market Performance

Total Value: AED 423.2 million

•            Flats: AED 299.6 million (70.8%)

•            Villas: AED 102.7 million (24.3%)

•            Hotel Apts & Rooms: AED 17.2 million (4.1%)

•            Commercial: AED 3.7 million (0.9%)

Ready transactions were also led by flats, which represented more than 70% of the segment. Villas provided the second-largest contribution, while hotel apartments and commercial assets remained relatively limited.

On The Micro Level

Market Insights & Outlook

Dubai’s market on 06-May-2026 remained heavily tilted toward off-plan activity, which contributed more than 71% of total value. This reinforces the continued dominance of future-delivery assets, supported by developer launches, payment-plan appeal, and investor confidence in Dubai’s medium-term growth.

Ready sales still provided a meaningful base of liquidity, but the wider trend remains clear: off-plan continues to set the pace, while ready activity reflects more selective end-user and investor demand.

Data Source: Dubai Land Department

*We use only freehold transactions

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