Dubai's Residential Units Surge by 24,800 Amid Fewer New Launches

Summary:

In H1 2026, Dubai's residential real estate inventory increased by 24,800 units, marking a 38% rise from the previous year and a 12% increase from H2 2025, according to Cavendish Maxwell. This surge indicates a shift from a launch-led to a delivery-driven market. However, new project launches fell significantly, with 28,000 units from 124 launches compared to 102,000 units from 410 launches last year. Sales transactions dropped by nearly 14% year-on-year, totaling 79,300, while residential sales values decreased by 16% to AED221.4 billion ($60.29 billion).