Dubai real estate transactions reached AED90.62bn ($24.67bn) in the third quarter of 2026, with more than 84 per cent of transactions captured in price-band data involving properties below AED3m ($817,000).
A total of 36,738 residential and commercial transactions were recorded during the quarter, according to data released by Springfield Properties.
Residential property accounted for AED72.58bn ($19.76bn) across 33,949 transactions.
Off-plan remained the largest residential segment, recording AED41.58bn ($11.32bn) across 23,457 transactions. The secondary market recorded AED30.83bn ($8.39bn) across 10,442 transactions.
Secondary transaction value increased 24.22 per cent compared with Q2, while transaction volumes rose 22.52 per cent.
Dubai property prices
Properties priced below AED3m accounted for 84.28 per cent of transactions captured in the Q3 price-band data, increasing from 82.45 per cent in Q2.
The AED1m ($272,000) to AED3m price bracket represented the largest share, accounting for 44.04 per cent of transactions.
Properties costing less than AED1m represented another 40.24 per cent.
Farooq Syed, CEO of Springfield Properties, said: “Dubai’s continued expansion is creating a new generation of residential communities, and off-plan remains central to that growth. The breadth of development across the city is giving buyers access to more locations, property types and price points, while supporting the housing needs of a growing resident population.”
Average prices varied significantly by property type.
Villas recorded the highest average at AED2,216 ($603) per sq ft, followed by apartments at AED1,794 ($488) per sq ft and townhouses at AED1,341 ($365) per sq ft.
Dubai South leads property transactions
Dubai South was the most active residential location during Q3, recording 5,165 transactions at an average AED1,690 ($460) per sq ft.
Jumeirah Village Circle was second with 2,312 transactions, increasing from 1,992 in Q2.
Downtown Jebel Ali ranked third with 1,890 transactions.
Business Bay, Dubai Creek Harbour and Dubai Marina were also among the most active locations during the quarter.
Syed said: “Dubai’s residential growth is extending across a wider geography, with communities such as Dubai South building significant transaction scale alongside established locations. Continued investment in infrastructure, connectivity and community development is opening new residential corridors and creating opportunities for buyers across different parts of the city.”
Dubai commercial property reaches $4.9bn
The commercial property market recorded AED18.04bn ($4.91bn) across 2,789 transactions during Q3.
Land was the largest commercial category by value, accounting for AED6.91bn ($1.88bn), or 38.3 per cent of sales.
Offices were the most actively traded commercial asset, with 1,123 transactions worth AED4.35bn ($1.18bn). That compared with 1,005 office transactions in Q2.
Whole-building transactions totalled AED3.64bn ($991m) across 87 deals and represented 20.18 per cent of commercial sales value, compared with 13.4 per cent during Q2.
Combined, land, offices and whole buildings accounted for 82.6 per cent of commercial transaction value.
Syed said: “Dubai’s real estate story continues to be supported by the growth of the city itself. New residents, businesses and infrastructure are creating demand across residential and commercial property, while the development pipeline is expanding the range of opportunities available to investors. This combination continues to strengthen Dubai’s position as one of the world’s most dynamic real estate markets.”
