Dubai residential real estate market secures $60.26 billion in sales during H1 2026

Summary:

In the first half of 2026, Dubai's residential real estate market saw sales nearing AED221.3 billion ($60.26 billion) across almost 79,200 transactions, according to Cavendish Maxwell. June alone recorded 12,315 transactions worth AED25.17 billion, a 30% increase from May. Off-plan sales dominated, making up 76% of June's transactions. Despite a nearly 14% decline in sales compared to the previous year, Dubai's overall real estate market recorded AED286 billion ($77.88 billion) in sales, marking the second-highest half-year sales in its history. Total transactions reached approximately AED419.94 billion across 112,850 deals.