Dubai real estate reaches Dh625 billion in 10 months: 181,866 transactions and Dh412 billion in sales

Dubai: The value of real estate transactions in Dubai approached AED625 billion during the first 10 months of 2026, with 181,866 transactions recorded, while sales amounted to approximately AED411.98 billion, indicating continued activity in the real estate market and diversified demand across various asset classes. According to a survey, based on data from the Dubai Land Department, the value of real estate transactions during the period from January to the end of October amounted to AED624.8 billion, which is equivalent to about 68% of the total transactions recorded during 2025, amounting to AED919 billion. Sales amounted to AED411.98 billion, through 134,730 transactions, including 113,353 transactions for residential units, 10,498 transactions for buildings, and 10,879 transactions for land. Ready-built properties accounted for the largest share of sales, valued at AED215.6 billion, through approximately 43,970 transactions, distributed as follows: 30,180 transactions for residential units, 2,906 transactions for buildings, and 10,879 transactions for land. In contrast, off-plan property sales reached AED196.38 billion, through 90,760 transactions, including 83,170 transactions for residential units and 7,592 transactions for buildings. Mortgage transactions totalled AED163.8 billion, through 39,461 transactions, distributed as follows: 24,800 transactions for residential units, 4,738 transactions for buildings, and 9,920 transactions for land. The value of the donations amounted to AED49.07 billion, through 7,682 transactions, including 5,819 transactions for residential units, 494 transactions for buildings, and 1,369 transactions for land. Business Bay topped the list of best-selling areas during the first 10 months of the year, with a value exceeding AED21.96 billion, followed by Airport City with approximately AED18.35 billion, and then Al Yalayis 1 with a value of AED16.63 billion. Palm Deira came in fourth place with a value of AED13.85 billion, followed by Palm Jumeirah with about AED12.77 billion, and then Me’aisem II with a value of AED11.86 billion. Jumeirah Village Circle ranked seventh with a value of AED11.23 billion, followed by Palm Jebel Ali with approximately AED10.9 billion, then Al Ruwayyah First with a value of AED 9.83 billion, while the Burj Khalifa area came in tenth place with approximately AED9.58 billion. On a monthly performance level, Dubai real estate sales during October alone amounted to AED34.12 billion, through 11,610 transactions, distributed across 9,185 transactions for residential units, 985 transactions for buildings, and 1,435 transactions for land. Sales of ready-built properties reached AED20.99 billion through 4,907 transactions, while sales of off-plan properties recorded AED13.13 billion through 6,698 transactions. Mortgage transactions totalled AED12.68 billion, through 4,552 transactions, distributed as follows: 2,744 transactions for residential units, 515 transactions for buildings, and 1,293 transactions for land. Gifts totaled AED5.47 billion across 989 transactions, including 685 for residential units, 63 for buildings, and 241 for land. This brought the total value of real estate transactions in Dubai during October to over AED52.27 billion, encompassing approximately 17,150 transactions.