Dubai’s residential real estate market recorded 12,748 transactions in July 2026, with sales reaching AED 25.95 billion, equivalent to $7.1 billion. Although the pace of transactions has moderated compared to last year’s exceptional performance, the market continues to be supported by genuine, long-term demand.

Dominance of Off-Plan Projects

Off-plan projects continued to represent the core of buyer activity, accounting for 70.8% of the number of residential transactions and 58.9% of the total sales value. These statistics demonstrate buyer confidence in projects under development and the attractiveness of integrated, master-planned communities in Dubai.

High-Demand Areas

According to a report by Springfield Properties, Dubai South recorded the highest number of residential transactions in July. Alongside it, areas such as Downtown Jebel Ali, Jumeirah Village Circle, Business Bay, and Arjan also witnessed significant activity. Demand is leaning more toward areas that offer convenient access, high-quality infrastructure, amenities, and long-term livability.

Springfield Properties Perspective

Farooq Syed, CEO of Springfield Properties, said that Dubai’s residential market remains supported by long-term demand, the city’s economic strength, world-class infrastructure, and high quality of life. According to him, a moderation in transaction activity is natural after several years of exceptional growth, but market fundamentals remain resilient.

Dubai Commercial Market

The commercial real estate sector was also active in July, recording a value of AED 7.45 billion across 1,011 transactions. Land transactions accounted for nearly half of the total commercial transaction value, followed by office spaces and whole buildings.

Conclusion

The Springfield Properties report shows that despite the moderation in growth speed, Dubai’s real estate market remains one of the most resilient and competitive in the world, based on a growing population, economic diversity, infrastructure development, and investor confidence.