Dubai property market: May 2026
Registered sales, prices, areas and best-selling projects — counted from the open data of the Dubai Land Department.
May 2026 in brief
In May 2026 the Dubai Land Department registered 10,469 property sales worth AED 29.4 billion — 25% fewer than in April (14,051). Off-plan homes made up 73% of the deals (7,594 sales, AED 16.1 billion); ready property accounted for 2,875 sales worth AED 13.3 billion. The median price of an apartment was AED 1,085,427, or AED 1,636 per square foot; the median price of a villa was AED 3,400,000.
Sales by month, 2026
Off-plan and ready
| Segment | Sales | Share | Value |
|---|---|---|---|
| Off-plan | 7,594 | 73% | AED 16.1B |
| Ready | 2,875 | 27% | AED 13.3B |
Apartment prices by bedrooms
| Apartment | Sales | Median price | Per sq ft |
|---|---|---|---|
| Studio | 3,007 | AED 629,426 | AED 1,662 |
| 1 bedroom | 3,464 | AED 1,198,922 | AED 1,584 |
| 2 bedrooms | 1,678 | AED 2,016,337 | AED 1,652 |
| 3 bedrooms | 401 | AED 3,900,000 | AED 2,047 |
The median is the price in the middle: half of the deals were cheaper, half more expensive. It is less distorted by a few very expensive sales than the average.
What was sold
| Type | Sales | Median price | Value |
|---|---|---|---|
| Apartments | 8,610 | AED 1,085,427 | AED 14.5B |
| Villas | 631 | AED 3,400,000 | AED 2.9B |
| Residential | 314 | AED 3,450,000 | AED 2.1B |
| Offices | 249 | AED 3,192,897 | AED 2.6B |
| Hotel apartments | 221 | AED 759,360 | AED 0.3B |
| Commercial | 138 | AED 12,899,000 | AED 4.1B |
Top areas by number of sales
| Area (as named in the registry) | Sales | Off-plan | Apartments, per sq ft | Value |
|---|---|---|---|---|
| Madinat Al Mataar | 1,208 | 99% | AED 1,703 | AED 1.38B |
| Majan | 822 | 97% | AED 1,383 | AED 0.67B |
| Dubai Land Residence Complex | 569 | 92% | AED 1,480 | AED 0.52B |
| Jumeirah Village Circle | 563 | 57% | AED 1,439 | AED 0.64B |
| Business Bay | 399 | 54% | AED 2,229 | AED 2.72B |
| Dubai Investment Park First | 353 | 100% | AED 1,214 | AED 0.30B |
| Palm Deira | 329 | 100% | AED 3,061 | AED 1.25B |
| International City Ph 2 & 3 | 269 | 55% | AED 1,019 | AED 0.24B |
| Al Hebiah Fifth | 252 | 75% | AED 1,831 | AED 0.43B |
| City Of Arabia | 246 | 100% | AED 1,660 | AED 0.17B |
| Jabal Ali First | 223 | 99% | AED 1,722 | AED 0.53B |
| Arjan | 203 | 67% | AED 1,622 | AED 0.25B |
| Al Furjan | 187 | 67% | AED 1,408 | AED 0.27B |
| Jumeirah Village Triangle | 175 | 83% | AED 1,705 | AED 0.20B |
| Horizon | 158 | 100% | AED 2,385 | AED 0.36B |
Best-selling off-plan projects
| Project | Area | Sales | Median price | Lowest sale |
|---|---|---|---|---|
| AZIZI VENICE 14 | Madinat Al Mataar | 508 | AED 655,000 | AED 539,000 |
| Binghatti Skyflame 1 | Majan | 447 | AED 550,000 | AED 500,000 |
| Binghatti Skyflame 2 | Majan | 193 | AED 565,000 | AED 540,000 |
| THE MERIVA COLLECTION | Palm Deira | 119 | AED 4,723,828 | AED 2,595,828 |
| Azizi Milan Heights | City Of Arabia | 110 | AED 611,000 | AED 534,060 |
| Sobha Central | Jabal Ali First | 99 | AED 2,119,088 | AED 1,779,057 |
| DAMAC LAGOONS - VALENCIA | Al Hebiah Fifth | 95 | AED 777,000 | AED 628,000 |
| LUNAYA | Saih Shuaib 1 | 88 | AED 6,835,500 | AED 4,676,500 |
| Linea by Holm | Al Satwa | 79 | AED 1,544,711 | AED 917,459 |
| Greenfield by Samana Developers | International City Ph 2 & 3 | 75 | AED 899,062 | AED 629,300 |
| Le Blanc Residence by Imtiaz | Dubai Land Residence Complex | 73 | AED 806,990 | AED 673,782 |
| Arian By Azizi | Down Town Jabal Ali | 73 | AED 759,360 | AED 557,760 |
| Verdana Residence 7 | Dubai Investment Park First | 69 | AED 865,600 | AED 333,550 |
| Serenz by Danube | Jumeirah Village Circle | 65 | AED 967,260 | AED 814,980 |
| Verdana Residence 3 | Dubai Investment Park First | 65 | AED 620,846 | AED 290,986 |
The largest residential sale
The most expensive residential sale of the month was a property in Al Mamzer for AED 300,000,000.
How we count
The source is the open data of the Dubai Land Department: registered sale transactions only, without mortgages and gifts. Deals under AED 50,000 are left out as technical records. Areas and projects are named as in the registry, so some names differ from the marketing ones. The figures can change slightly when the department adds late registrations. You are welcome to quote the report with a link to this page.
Other months
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