96,000 New Homes Set to Enter Dubai Market; 83% Already Sold
Dubai’s property market is set for a major wave of new home completions in 2026, but most of the supply has already been sold off-plan. Of the 96,585 residential units scheduled for delivery this year, 80,127 units, or 82.9%, have been sold.
Apartments account for most of this year’s supply, with 91,209 units scheduled for delivery and a sales rate of 82%. By comparison, around 95% of the 5,376 villas due for completion have already secured buyers, indicating stronger demand in the villa segment.
Overall, 564,072 residential units are under construction across Dubai, many of which are due for completion by 2028. So far, 425,863 units, representing 75.5% of the total, have been sold. The absorption rate stands at 85.4% for the 68,297 villas under construction and around 74.1% for the 495,775 apartments.
Some areas have effectively sold out their entire 2026 supply. In Al Wasl, all 637 planned apartments have been sold, while villa communities including Wadi Al Safa 5, Nad Al Sheba 1 and Al Hebiah 6 have recorded 100% absorption rates. On Palm Jumeirah, 93.5% of the 2,397 apartments due this year have been sold, compared with around 92.8% of 2,324 units in Jumeirah Lakes Towers.
In Downtown Dubai, 96.6% of the 3,981 apartments scheduled for completion this year have secured buyers. In Business Bay, the sales rate for the 16,938 apartments due for delivery in 2026 has reached 88.7%.
Project completion rates have also accelerated. Data from the Dubai Land Department shows that 24,537 new units were completed in the first half of 2026, an increase of more than 36% from the same period last year. During the same period, 104 projects with a total investment value exceeding AED111 billion were completed.