In May 2026, Dubai’s real estate market recorded AED 40.6 billion in total transaction value across 12,879 transactions.
This marked a clear slowdown from April 2026, when the market recorded AED 65.0 billion across 17,792 transactions. Month-on-month, total value declined by 37.5%, while transaction volume fell by 27.6%.
Compared with May 2025, when total transaction value reached AED 80.72 billion, May 2026 was down 49.1% year-on-year, showing a much softer month in value terms.
Market Breakdown
Category | Value (AED millions) | Share of Total Value | Transactions | Share of Transactions |
|---|---|---|---|---|
Off-Plan | 16,345.7 | 40.2% | 7,395 | 57.4% |
Ready | 7,945.3 | 19.6% | 4,412 | 34.3% |
Land | 16,343.4 | 40.2% | 1,072 | 8.3% |
Total | 40,634.4 | 100.0% | 12,879 | 100.0% |
A key feature of the month was the near-perfect balance between off-plan sales and land transactions, each contributing around 40.2% of the market’s total value. However, by transaction count, off-plan remained the clear driver of activity, accounting for 57.4% of all deals.
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