Monthly reportPublished 15 September 202616 pagesInstitutional Market Watch, Dubai Residential

MENA Homes - August 2026

Dubai's residential market posted 10,819 transactions worth AED 23.26bn in August 2026, up 6.4% month-on-month. Off-plan held a 70.8% share of volume as average pricing stayed firm near AED 1,693/sq ft. Gross yields ranged 6.2%–7.4% and liquidity remained high, led by apartments and steady villa demand across established communities.

August 2026 was another high-liquidity month for Dubai residential real estate, with 10,819 transactions worth AED 23.26 billion — up 6.4% month-on-month by volume and 4.8% by value. Off-plan sales continued to lead, accounting for 70.8% of transactions, while average pricing held steady at AED 1,693 per square foot.

Key drivers

  • Demand concentration: citywide demand stayed concentrated in apartments and off-plan launches, sustaining broad transaction flow.
  • Value support: ready homes captured a larger share of value than volume, pointing to resilient end-user demand for completed stock.
  • Off-plan depth: off-plan remained the market's main volume engine, keeping liquidity and developer sales momentum healthy.
  • Pricing tone: pricing stayed firm across the board, consistent with a healthy mid-cycle market.

Segment stance

Apartments remain the clearest liquidity anchor, with gross yields of 6.2%–7.4% and high-conviction overweight positioning. Villas stayed supported by end-user demand, though liquidity was thinner. Off-plan launches kept leading transaction volume, while land remained a niche, low-turnover segment.

Closing outlook

Overall stance remains constructive: overweight liquid apartment exposure and income-supportive value segments, stay neutral on prime stock, and underweight higher-ticket villa-led exposure where turnover is thinner and pricing is more stretched.