Dubai Property Market Report: September 2026
In September 2026, the median apartment price in Dubai was AED 1,662 per sq ft, across 10,317 residential sales transactions worth AED 22.05 billion, according to Richmond Properties' analysis of Dubai Land Department data.
Key statistics
September 2026, compared with August 2026
- 10,317
- Residential sales transactions −8.7%
- AED22.05 billion
- Sales value −7.1%
- AED1,662
- Apartments, median price per sq ft −2.1%
- AED3.5 million
- Villas and townhouses, median price −14.0%
- 68%
- Off-plan share of sales 7,003 off-plan sales
- 38,480
- New lease registrations (Ejari) +17.6%
- AED97
- Apartment rent per sq ft, a year +3.5%
- 7.0%
- Gross rental yield, apartments +0.3 pts
Apartments, median price per sq ft
Villas and townhouses, median price
Apartment rent, median per sq ft a year
Villa and townhouse rent, median a year
Apartment sales
Off-planReadyTotal sales
Villa and townhouse sales
Off-planReadyTotal sales
Apartment lease registrations
NewRenewedTotal lease registrations
Villa and townhouse lease registrations
NewRenewedTotal lease registrations
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FAQ
How many residential sales transactions were recorded in Dubai in September 2026?
Residential sales transactions in Dubai totalled 10,317 in September 2026, worth AED 22.05 billion. Sales declined 8.7% month-on-month. Off-plan sales accounted for 68% of the total and owner resales 25%.
What is the price per sq ft in Dubai?
The median apartment price in Dubai was AED 1,662 per sq ft in September 2026, across 9,014 sales; it declined 2.1% month-on-month. The median villa and townhouse price was AED 3.5 million, across 1,303 sales; it declined 14.0% month-on-month.
Are property prices in Dubai going up or down?
The monthly median apartment price in Dubai declined 6.3% between January 2026 and September 2026.
How much does a home in Dubai cost by number of bedrooms?
In Dubai in September 2026, median prices were AED 1.2 million for a 1-bedroom apartment (3,680 sales); AED 641,900 for a studio apartment (2,834 sales); AED 3.7 million for a 4-bedroom villa or townhouse (309 sales); AED 3.0 million for a 3-bedroom villa or townhouse (285 sales).
| Bedrooms | Sales | Median price | Per sq ft |
|---|---|---|---|
| Studio | 2,834 | AED 641,900 | AED 1,660 |
| 1-bed | 3,680 | AED 1.2 million | AED 1,632 |
| 2-bed | 1,933 | AED 2.1 million | AED 1,701 |
| 3-bed | 481 | AED 3.6 million | AED 1,908 |
| 4-bed | 81 | AED 7.2 million | AED 2,628 |
| ⚠5-bed | 2 | AED 48.1 million | AED 4,057 |
| Bedrooms | Sales | Median price | New lease registrations | Median rent, a year | Gross yield |
|---|---|---|---|---|---|
| ⚠1-bed | 7 | AED 935,000 | 37 | AED 80,000 | 8.3% |
| 2-bed | 82 | AED 1.4 million | 181 | AED 150,000 | 4.1% |
| 3-bed | 285 | AED 3.0 million | 1,244 | AED 151,000 | 4.7% |
| 4-bed | 309 | AED 3.7 million | 949 | AED 220,000 | 5.5% |
| 5-bed | 96 | AED 5.7 million | 283 | AED 385,000 | 4.7% |
| ⚠6-bed | 1 | AED 260 million | 47 | AED 875,000 | – |
| ⚠7-bed | 0 | – | 3 | AED 5.0 million | – |
What is the average rent in Dubai?
The median rental rate on new apartment lease registrations (Ejari) in Dubai was AED 97 per sq ft a year in September 2026, across 33,248 registrations. New villa and townhouse lease registrations had a median rental rate of AED 185,000 a year, across 3,627 registrations. 38,480 new leases and 40,915 renewals were registered with Ejari.
What is the rental yield in Dubai?
The gross rental yield on ready apartments in Dubai was 7.0% in September 2026, comparing median new rents with median ready sale prices per sq ft. For villas and townhouses it was 4.9%, comparing median new rents with median ready sale prices.
How much does property in Dubai cost in US dollars?
The UAE dirham is pegged to the US dollar at AED 3.6725. At that rate, in Dubai in September 2026, the median apartment price of AED 1,662 per sq ft is approximately $453 per sq ft; the median villa and townhouse price of AED 3.5 million is approximately $953,029; the median new apartment rental rate of AED 97 per sq ft a year is approximately $27.
How many prime sales were recorded in Dubai?
193 prime sales (AED 10 million and above) were recorded in Dubai in September 2026, worth AED 4.20 billion and accounting for 1.9% of sales. Villas and townhouses accounted for 132 of them and off-plan sales for 48. They included 16 super-prime sales ($10 million and above, approximately AED 37 million), worth AED 1.30 billion.
Which Dubai communities recorded the most sales in September 2026?
Dubai South recorded the most sales of the communities tracked in September 2026, with 803 sales worth AED 1.08 billion. The highest sales value was recorded in Palm Jumeirah, at AED 1.36 billion across 70 sales.
| Community | Sales | Change | Value | Apartments, per sq ft | Villas, median | New lease registrations | Apartment rent, per sq ft | Gross yield |
|---|---|---|---|---|---|---|---|---|
| Dubai South | 803 | −59.9% | AED 1.08 billion | AED 1,664 | AED 4.8 million | 211 | AED 81 | 7.4% |
| ⚠Jumeirah Village Circle (JVC) | 785 | +7.4% | AED 841 million | AED 1,406 | AED 2.8 million | 2,021 | AED 94 | 7.6% |
| ⚠Majan and Al Barari | 558 | +77.1% | AED 575 million | AED 1,406 | AED 6.5 million | 94 | AED 90 | 6.6% |
| ⚠Downtown Jebel Ali | 501 | −30.2% | AED 453 million | AED 1,650 | – | 75 | AED 102 | 9.4% |
| Dubai Creek Harbour | 393 | +88.9% | AED 1.11 billion | AED 2,560 | – | 2,994 | AED 118 | 5.2% |
| DAMAC Lagoons and Remraam | 385 | +40.5% | AED 700 million | AED 1,725 | AED 2.5 million | 194 | – | – |
| ⚠City of Arabia | 355 | −59.4% | AED 485 million | AED 1,739 | AED 3.9 million | 25 | AED 84 | 7.4% |
| ⚠Dubai Investments Park 1 (DIP 1) | 339 | +115.9% | AED 388 million | AED 939 | AED 1.3 million | 357 | AED 67 | 5.6% |
| ⚠Motor City | 338 | +97.7% | AED 406 million | AED 1,796 | AED 7.0 million | 24 | AED 80 | 8.2% |
| Business Bay | 328 | +4.5% | AED 729 million | AED 2,027 | – | 2,437 | AED 116 | 6.6% |
| Dubailand Residence Complex (DLRC) | 309 | −6.1% | AED 271 million | AED 1,312 | – | 205 | AED 72 | 8.4% |
| ⚠International City | 268 | +16.5% | AED 187 million | AED 1,097 | AED 2.0 million | 336 | AED 77 | 10.4% |
| ⚠JLT, Jumeirah Park and Jumeirah Islands | 258 | +33.7% | AED 760 million | AED 2,718 | AED 9.2 million | 607 | AED 104 | 7.8% |
| ⚠Dubai Production City and Jumeirah Golf Estates | 219 | −4.4% | AED 464 million | AED 1,494 | AED 13.4 million | 896 | AED 93 | 8.6% |
| Arjan | 216 | +4.3% | AED 233 million | AED 1,529 | – | 592 | AED 101 | 7.4% |
| ⚠Jebel Ali Village and Wasl Gate | 215 | +2.4% | AED 502 million | AED 1,761 | AED 5.6 million | 155 | AED 102 | 9.1% |
| Sobha Sanctuary and The Valley | 178 | −45.1% | AED 842 million | AED 1,930 | AED 9.0 million | 33 | – | – |
| Downtown Dubai | 166 | +2.5% | AED 697 million | AED 2,842 | – | 2,571 | AED 150 | 5.8% |
| ⚠Dubai Hills Estate | 163 | +5.2% | AED 653 million | AED 2,377 | AED 9.5 million | 659 | AED 133 | 6.1% |
| ⚠Dubai Sports City (DSC) | 162 | +27.6% | AED 198 million | AED 1,150 | AED 45.4 million | 574 | AED 80 | 8.4% |
| ⚠Dubai Islands | 150 | +15.4% | AED 516 million | AED 2,687 | AED 6.6 million | 6 | AED 99 | – |
| ⚠Al Jaddaf | 149 | +0.7% | AED 220 million | AED 1,934 | – | 238 | AED 107 | 5.9% |
| ⚠Al Furjan | 137 | −12.7% | AED 252 million | AED 1,346 | AED 4.1 million | 342 | AED 95 | 7.5% |
| ⚠Jumeirah Village Triangle (JVT) | 136 | +1.5% | AED 162 million | AED 1,571 | – | 169 | AED 98 | 7.2% |
| Dubai Marina | 135 | −27.4% | AED 382 million | AED 1,963 | – | 791 | AED 111 | 6.2% |
| Arabian Ranches 3 and Villanova | 129 | +12.2% | AED 459 million | AED 1,637 | AED 3.5 million | 210 | – | – |
| ⚠Meydan Horizon and Sobha Hartland II | 129 | +46.6% | AED 336 million | AED 2,473 | AED 40.6 million | 1 | AED 73 | – |
| ⚠DAMAC Hills | 129 | −8.5% | AED 223 million | AED 1,754 | AED 4.7 million | 368 | AED 100 | 7.6% |
| Dubai Maritime City and Mina Rashid | 111 | +46.1% | AED 307 million | AED 3,202 | – | 31 | AED 90 | – |
| ⚠Town Square | 109 | +18.5% | AED 178 million | AED 1,428 | AED 2.9 million | 373 | AED 104 | 7.8% |
| Dubai Silicon Oasis (DSO) | 107 | −17.1% | AED 115 million | AED 1,117 | – | 283 | AED 77 | 8.1% |
| ⚠Dubai Industrial City | 107 | +24.4% | AED 76.8 million | AED 1,469 | AED 687,500 | 6 | AED 101 | 9.6% |
| DAMAC Islands 2, Mira and Reem | 103 | −42.8% | AED 354 million | – | AED 3.2 million | 61 | – | – |
| Meydan One | 90 | +30.4% | AED 105 million | AED 1,919 | – | 786 | AED 126 | 6.9% |
| ⚠Sobha Hartland | 86 | +6.2% | AED 220 million | AED 1,971 | AED 16.2 million | 481 | AED 121 | 6.2% |
| ⚠Dubai Science Park | 83 | +31.7% | AED 102 million | AED 1,746 | AED 6.2 million | 114 | AED 91 | 6.9% |
| ⚠DAMAC Hills 2 | 82 | +2.5% | AED 145 million | AED 933 | AED 1.9 million | 371 | AED 87 | 9.6% |
| Dubai Harbour, Jumeirah Beach Residence and Bluewaters (JBR) | 73 | Broadly unchanged | AED 326 million | AED 2,442 | – | 286 | AED 162 | 8.2% |
| ⚠Palm Jumeirah | 70 | +2.9% | AED 1.36 billion | AED 2,815 | AED 59.5 million | 362 | AED 123 | 5.1% |
| Discovery Gardens | 66 | +6.5% | AED 48.2 million | AED 890 | – | 0 | – | – |
| ⚠Dubai Studio City | 65 | −3.0% | AED 52.0 million | AED 1,524 | – | 153 | AED 102 | 7.4% |
| Dubai International Academic City | 62 | +100.0% | AED 305 million | – | AED 4.5 million | 65 | AED 105 | – |
| ⚠Dubai Investments Park 2 (DIP 2) | 58 | +18.4% | AED 156 million | AED 1,402 | AED 4.3 million | 341 | AED 73 | 9.9% |
| ⚠Living Legends | 54 | −28.9% | AED 74.3 million | AED 1,387 | AED 6.3 million | 29 | AED 77 | 7.6% |
| Business Park, Meydan | 48 | −44.2% | AED 108 million | AED 3,341 | – | 0 | – | – |
| Mudon | 47 | +9.3% | AED 184 million | – | AED 3.6 million | 63 | – | – |
| ⚠Al Satwa | 44 | +2.3% | AED 67.9 million | AED 2,206 | – | 381 | AED 87 | 4.6% |
| ⚠City Walk and Al Wasl | 43 | Broadly unchanged | AED 204 million | AED 3,118 | – | 36 | AED 159 | 5.4% |
| Arabian Ranches 3 | 42 | +75.0% | AED 169 million | – | AED 3.4 million | 194 | – | – |
| Falcon City of Wonders | 42 | +100.0% | AED 47.8 million | AED 1,481 | – | 6 | – | – |
| ⚠Liwan | 40 | +73.9% | AED 37.3 million | AED 1,221 | – | 110 | AED 71 | 8.1% |
| ⚠Arabian Ranches 2, Serena and The Sustainable City | 38 | +153.3% | AED 59.3 million | AED 1,124 | AED 1.3 million | 56 | AED 86 | 7.6% |
| ⚠Za'abeel 2 and Dubai Design District | 30 | Broadly unchanged | AED 143 million | AED 3,135 | – | 97 | AED 134 | 5.2% |
| ⚠Al Kifaf | 30 | +42.9% | AED 95.5 million | AED 2,219 | – | 43 | AED 96 | 4.8% |
| Sobha One | 30 | +76.5% | AED 67.7 million | AED 2,402 | – | 0 | – | – |
| ⚠The Greens | 29 | −6.5% | AED 60.5 million | AED 1,728 | – | 22 | AED 110 | 6.4% |
| ⚠Meydan and Nad Al Sheba | 28 | +64.7% | AED 192 million | AED 2,005 | AED 6.3 million | 12 | – | – |
| ⚠Emirates Living | 27 | −27.0% | AED 293 million | – | AED 5.2 million | 129 | – | – |
| ⚠Al Sufouh | 27 | −10.0% | AED 74.7 million | AED 2,448 | – | 7 | AED 104 | 6.8% |
| ⚠Palm Jebel Ali | 26 | −79.0% | AED 263 million | AED 3,567 | AED 21.2 million | 0 | – | – |
| ⚠Jebel Ali Hills | 13 | −23.5% | AED 113 million | – | AED 7.3 million | 7 | AED 57 | – |
| ⚠Dubai Media City | 10 | −50.0% | AED 55.1 million | AED 2,892 | – | 3 | AED 166 | 5.6% |
| ⚠The Oasis | 8 | −46.7% | AED 121 million | – | AED 14.2 million | 0 | – | – |
| ⚠The Heights Country Club | 8 | −20.0% | AED 66.3 million | – | AED 8.3 million | 0 | – | – |
| ⚠Jumeirah 2 | 2 | −60.0% | AED 66.3 million | AED 6,969 | – | 0 | – | – |
Which buildings in Dubai recorded the most sales?
Valia by Emaar recorded the most sales of any building in Dubai in September 2026, with 263 sales worth AED 725 million.
| Building or sub-community | Developer | Sales | Value | Off-plan | Apartments, per sq ft |
|---|---|---|---|---|---|
| ValiaAl Khairan First | Emaar | 263 | AED 725 million | 100% | AED 2,598 |
| Binghatti SkyterracesAl Hebiah First | Binghatti | 252 | AED 238 million | 100% | AED 1,794 |
| Binghatti Skyflame 1Majan | Binghatti | 226 | AED 163 million | 100% | AED 1,399 |
| Raw District 2 By ImtiazJabal Ali Industrial Second | Imtiaz | 186 | AED 185 million | 100% | AED 1,752 |
| Arancia Yards 2 By BeyondCity Of Arabia | Beyond | 146 | AED 216 million | 100% | AED 1,806 |
| Binghatti Skyflame 2Majan | Binghatti | 135 | AED 106 million | 100% | AED 1,399 |
| ValenciaDAMAC LAGOONS | DAMAC | 119 | AED 146 million | 100% | AED 1,615 |
| Lagoon Views 13DAMAC LAGOONS | DAMAC | 91 | AED 79.0 million | 100% | AED 1,832 |
| The WoodsAl Yufrah 1 | Sobha | 78 | AED 99.5 million | 100% | AED 1,930 |
| Azizi Venice 14Madinat Al Mataar | Azizi | 73 | AED 65.0 million | 100% | AED 1,638 |
Which developers recorded the most off-plan sales in Dubai?
Binghatti recorded the most off-plan sales in Dubai in September 2026, with 1,053 sales worth AED 1.18 billion, accounting for 15% of off-plan sales. It was followed by Azizi (867), Emaar (501).
| Developer | Off-plan sales | Value | Share of off-plan sales |
|---|---|---|---|
| Binghatti | 1,053 | AED 1.18 billion | 15% |
| Azizi | 867 | AED 742 million | 12% |
| Emaar | 501 | AED 1.47 billion | 7% |
| DAMAC | 453 | AED 789 million | 6% |
| Reportage | 410 | AED 468 million | 6% |
| Sobha | 372 | AED 805 million | 5% |
| Imtiaz | 316 | AED 370 million | 5% |
| Samana | 212 | AED 236 million | 3% |
What do the figures mean?
- Median price
- The middle sale price once all sales are ranked: half of sales were above it and half below. Used instead of the average so a few very large sales don't distort the figure.
- Price per sq ft
- Sale price divided by the registered area in square feet, then the median across sales. Reported for apartments; villa records often carry the plot size, so villas are reported per home.
- Off-plan and ready
- Off-plan sales are homes sold before completion; ready sales are completed homes, including owner resales and developers' completed stock.
- Sub-community and building
- Where DLD records a home: a sub-community for villas and townhouses (for example Raya in Arabian Ranches 3), a building for apartments, or the project name for off-plan homes.
- Ejari
- Dubai's official lease registration system. Rents here are new Ejari leases registered in the period; renewals are counted separately.
- Gross rental yield
- Median new annual rent divided by the median ready sale price, before costs. Shown only between 3% and 12%; outside that range the pairing reflects data errors rather than a yield.
- DLD area and community
- The Dubai Land Department records sales and leases by official area, which can differ from the name people use. Each report names the DLD areas it covers.
- ⚠ Small sample
- A figure based on fewer than 30 sales or leases. It is shown, but can move a lot from period to period.
How should this report be cited?
Richmond Properties (2026). Dubai Property Market Report: September 2026. Data: Dubai Land Department. Published 2 November 2026. https://richmondproperties.ae/insights/market-reports/dubai/2026-09. Licensed CC BY 4.0.
In copy: “according to Richmond Properties’ analysis of Dubai Land Department data”.
Figures are Dubai Land Department open data for September 2026, compared with August 2026. Sales are counted by transaction date and cover homes only: apartments, hotel apartments, villas and townhouses (including villa plots). Offices, shops, hotel rooms, development land and labour accommodation are excluded. Rents are new Ejari leases; leases are assigned to a community through their building or sub-community where DLD files them under a different district. 2 transactions identified as recording errors are excluded. Figures and text are generated from Dubai Land Department data by Richmond Properties’ reporting system. Data as of 2 November 2026. This report is for general information and is not financial or investment advice.