Latest read: May 2026.

Every figure below is drawn from the May 2026 Dubai Land Department record. The full report, and 6 years of archive, follow below.

AED 29.46B Sales Value -39.2% MoM
10,483 Sales Transactions -25.6% MoM
AED 1,650 Avg Price/sqft +3.1% YoY
72.6% Off-Plan Share -0.4pp MoM
AED 17.55B Mortgage Lending +20.7% MoM
AED 51.81B Total Market Activity -25.3% MoM
Sales Transactions — 2026
Average Price / sqft (AED)
Off-Plan vs Ready
What it means
  • Total May activity was AED 51.81B across 13,631 transactions; direct sales were AED 29.46B across 10,483 deals.
  • The big year-on-year falls are a base effect: May 2025 was Dubai's all-time record month (AED 66.8B), not a fair comparison.
  • Official Q1 2026 was +31% YoY and YTD residential value (AED 196.2B) is only 9.9% below 2025 — the trend is cooling, not breaking.
Source: Dubai Land Department · 1–31 May 2026

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