Dubai property market records $53.42 billion sales in first five months of 2026

Dubai’s residential real estate market recorded 66,900 sales between January and May 2026, with off-plan properties making up around 74% of total transactions. According to recent data the total value of deals during this period reached AED196.2 billion ($53.42 billion), slightly lower than AED217.8 billion in the same period last year.

Market activity remained relatively strong in early 2026, but signs of moderation became more visible in recent months. Around 9,500 transactions were recorded in May alone, compared to 17,600 in May 2025. 

Dubai’s office real estate sector showed strong momentum. Sales in Q1 2026 reached AED8.2 billion, a 203% increase year-on-year. Transaction volumes also rose significantly, with around 1,600 deals recorded, driven mainly by off-plan office purchases.

Off-plan office sales stood out as the key growth driver, rising sharply compared to last year and accounting for more than 60% of total office transactions. 

Office prices increased by nearly 23% year-on-year, while average rental rates rose by 20%. Prime areas such as DIFC, Downtown Dubai, and Business Bay recorded some of the strongest growth due to sustained demand and limited supply of Grade A spaces.

Bottom line

Overall, while the residential market is showing signs of cooling after a strong run, Dubai’s office sector continues to demonstrate resilience, supported by demand for high-quality commercial space and ongoing investor confidence.

At One Investments, we see developments like this as a strong reminder of the value of forward planning. We prioritise understanding our investors objectives and identifying opportunities that match their vision, ensuring a careful balance between potential growth and security.

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