Dubai residential real estate recorded AED 22.50 billion in sales value across 9,859 transactions in a holiday-shortened May 2026.
Market activity remained led by off-plan transactions, which accounted for AED 15.78 billion across 7,425 sales, representing 70% of total residential sales value and 75% of transaction volume. Ready transactions reached AED 6.72 billion across 2,434 sales.
Apartments continued to provide the majority of market depth, accounting for 89% of transactions and 66% of sales value. Villas represented 11% of transactions but contributed 34% of total sales value, reflecting the higher ticket-size profile of villa transactions.
Citywide average apartment prices stood at AED 1,815 per sq.ft, down 1.2% MoM, while villa prices averaged AED 2,341 per sq.ft, down 0.4% MoM. Both segments remained above May 2025 levels.
Luxury transactions above AED 10 million totalled AED 6.50 billion across 265 sales, representing 29% of total residential sales value from 2.7% of transactions.
The report also tracks primary and secondary sales, ready market cash versus mortgage backed purchases, top performing locations, luxury transactions and the residential supply pipeline.
Download the REIDIN Dubai Residential Real Estate May 2026 Market Overview for the full market breakdown.