That was once additionally 16% upper than the collection of $10 million-plus offers recorded within the first half of of 2025 and 49% upper than H1 2024, appearing that international wealth remains to be flowing into Dubai’s high residential marketplace in spite of regional uncertainty.
Knight Frank stated 165 properties above $10 million had been bought within the first quarter, adopted via 131 in the second one quarter. The primary half of additionally integrated a file 26 offers above $25 million.
Tremendous-prime properties lead the marketplace
Dubai Hills Property was once the strongest-performing luxurious location in H1, with 51 properties bought for greater than $10 million. Palm Jumeirah adopted carefully with 50 offers, whilst Palm Jebel Ali recorded 40 luxurious transactions forward of its scheduled crowning glory in 2028.
The costliest transaction within the first half of was once a six-bedroom rental at Aman Flats in Jumeirah 2d, advanced via H&H Funding and Building, which bought for $114.9 million, or Dh422 million.
Faisal Durrani, Spouse and Head of Analysis, MENA at Knight Frank, stated Dubai’s luxurious marketplace has “consistently broken records over the last five years,” including that many of the newest recorded offers had been closed sooner than the hot regional struggle however registered later on account of the standard four-to-six-week prolong.
Marketplace process has no longer stopped, he stated, as a result of Dubai’s core strengths stay in position, together with infrastructure, international connectivity, a pro-business surroundings, way of life, schooling and healthcare.
Wider marketplace eases from 2025 top
The wider residential marketplace stays busy, however the tempo has cooled from final yr. Cavendish Maxwell stated residential gross sales reached Dh221.3 billion throughout nearly 79,200 transactions within the first half of of 2026.
That places general H1 residential gross sales just below 14% underneath the similar duration final yr, whilst general gross sales values had been down 15.7%.
June, then again, confirmed a rebound after a quieter Would possibly. Cavendish Maxwell stated just about 12,315 residential transactions price Dh25.17 billion had been recorded in June, when put next with 9,500 purchases price Dh22 billion in Would possibly.
Ronan Arthur, Director and Head of Residential Valuation at Cavendish Maxwell, defined that the restoration adopted a quieter Would possibly in part suffering from the Eid vacation, with transactions emerging nearly 30% month on month. A few of that building up mirrored offers deferred from Would possibly, however the rebound confirmed that investor self belief remained resilient in spite of regional uncertainty.
Off-plan gross sales persisted to dominate June process, with 9,442 transactions accounting for 76% of the marketplace. The worth of off-plan gross sales rose to Dh17.6 billion, up from Dh15.2 billion in Would possibly.
June brings sturdy gross sales process
A separate marketplace research from fäm Homes, in response to open information from DXBinteract, confirmed a fair more potent June efficiency around the wider marketplace, with 13,933 gross sales transactions price Dh33.2 billion.
That represented a 35.5% month-on-month building up in transaction quantity and a 14.9% upward push in price. The second one quarter closed with 38,157 offers price Dh110.2 billion, whilst the 1st half of recorded 86,077 gross sales transactions price Dh286.2 billion.
Number one gross sales remained forward of resale process in June, with 10,398 transactions price Dh21.6 billion, when put next with 3,535 resale transactions valued at Dh11.6 billion.
Villa gross sales rose 46.5% month on month to at least one,474 transactions price Dh7.5 billion, whilst rental gross sales climbed 32.3% to 11,605 offers price Dh17.8 billion. Business assets gross sales additionally higher, with places of work and retail outlets recording 478 offers price Dh2.3 billion.
Firas Al Msaddi, CEO of fäm Homes, stated patrons and tenants had been appearing rising self belief throughout leases, gross sales and person assets sectors.
Dubai South helps to keep gaining flooring
Dubai South was once the best-performing space for the fourth consecutive month, recording 2,869 transactions price Dh3.3 billion in June, in keeping with fäm Homes.
The realm posted a 111% upward push in transaction quantity and a 106% building up in price month on month. It has now ranked amongst Dubai’s peak 5 appearing places for 8 directly months, with expansion led in large part via developer off-plan gross sales.
Jebel Ali First, Al Barsha South Fourth, Wadi Al Safa 5 and Al Thanya 5th had been additionally a few of the top-performing spaces in June.
Leases hit per thirty days file
Dubai’s condominium marketplace additionally reached a brand new excessive in June. fäm Homes stated 40,022 condominium contracts had been registered throughout the month, the easiest per thirty days general on file.
New condominium contracts rose 48.6% yr on yr to 19,245, whilst renewed contracts higher 28.5% to twenty,777. The knowledge issues to call for from new tenants coming into the marketplace in addition to current citizens opting for to stick.
Consistent with condominium generation platform Rently, Dubai recorded Dh32.2 billion in condominium contract price throughout 253,992 new and renewed tenancy contracts within the first quarter of 2026. Apartment contract cancellations declined via 25%, which the corporate stated mirrored rising steadiness available in the market.
Rently’s personal buyer information confirmed that greater than 56% of customers are renting properties priced between Dh50,000 and Dh100,000 a yr. The median annual hire price at the platform stands at Dh72,000, whilst the typical is Dh92,000, hanging versatile hire bills firmly within the mid-market phase.
Knight Frank famous that the present cycle may be other from earlier downturns for the reason that marketplace now has a bigger proportion of end-users. Durrani stated 25% of houses had been resold inside of one year of acquire in 2008, when put next with 4% final yr, indicating decrease speculative process.
That has helped finished neighbourhoods, particularly villa-led communities, display extra value steadiness throughout the hot duration of regional uncertainty.
Worth drive nonetheless visual
Knight Frank stated costs throughout Dubai’s mainstream marketplace have softened via 5% to twenty%, relying on location, as some house owners and traders go out the marketplace, together with motivated dealers who would possibly nonetheless be reserving good points after the sturdy run-up in costs over the last five-and-a-half years.
Nicholas Spencer, Spouse and Head of Residential, MENA at Knight Frank, stated the whole impact of the regional struggle would possibly most effective transform clearer within the autumn, assuming prerequisites stay solid.
With the muted summer time months now underway, transaction volumes would possibly sluggish additional. Alternatively, the first-half information display that Dubai’s assets marketplace remains to be being supported via off-plan call for and file condominium process.
Nivetha Dayanand is Assistant Industry Editor at Gulf Information, the place she spends her days unpacking cash, markets, aviation, and the large shifts shaping existence within the Gulf. Prior to returning to Gulf Information, she introduced Finance Center East, whole with a podcast and video collection.
Her reporting has taken her from breaking spot information to long-form options and high-profile interviews. Nivetha has interviewed Prince Khaled bin Alwaleed Al Saud, Indian ministers Hardeep Singh Puri and N. Chandrababu Naidu, IMF’s Jihad Azour, and a protracted listing of CEOs, regulators, and founders who’re reshaping the area’s financial system.
An Erasmus Mundus journalism alum, Nivetha has shared study rooms and newsrooms with reporters from greater than 40 nations, which more than likely explains her weak spot for information, context, and a excellent follow-up query.
When she is clear of her keyboard (AFK), you’re perhaps to search out her on the gymnasium with an Eminem playlist, bingeing One Piece, or exploring video games on her PS5.
