Dubai Property Market Report: Q3 2026 (July to September)
In Q3 2026, the median apartment price in Dubai was AED 1,692 per sq ft, across 34,833 residential sales transactions worth AED 71.69 billion, according to Richmond Properties' analysis of Dubai Land Department data.
Key statistics
Q3 2026, compared with Q2 2026
- 34,833
- Residential sales transactions −2.4%
- AED71.69 billion
- Sales value −15.0%
- AED1,692
- Apartments, median price per sq ft −0.9%
- AED3.7 million
- Villas and townhouses, median price −7.5%
- 69%
- Off-plan share of sales 24,204 off-plan sales
- 100,837
- New lease registrations (Ejari) +54.6%
- AED94
- Apartment rent per sq ft, a year +4.6%
- 6.8%
- Gross rental yield, apartments +0.4 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 Q3 2026?
Residential sales transactions in Dubai totalled 34,833 in Q3 2026, worth AED 71.69 billion. Sales declined 2.4% quarter-on-quarter. Off-plan sales accounted for 69% of the total and owner resales 24%.
What is the price per sq ft in Dubai?
The median apartment price in Dubai was AED 1,692 per sq ft in Q3 2026, across 30,562 sales; it declined 0.9% quarter-on-quarter. The median villa and townhouse price was AED 3.7 million, across 3,955 sales; it declined 7.5% quarter-on-quarter.
Are property prices in Dubai going up or down?
The median apartment price in Dubai declined 3.3% between Q1 2026 and Q3 2026, from AED 1,750 to AED 1,692 per sq ft.
| Quarter | Sales | Value | Apartments, per sq ft | Villas, median | New lease registrations | Apartment rent, per sq ft | Gross yield |
|---|---|---|---|---|---|---|---|
| Q1 2026 | 44,410 | AED 134.92 billion | AED 1,750 | AED 4.1 million | 67,901 | AED 97 | 6.7% |
| Q2 2026 | 35,677 | AED 84.35 billion | AED 1,708 | AED 4.0 million | 65,209 | AED 90 | 6.4% |
| Q3 2026 | 34,833 | AED 71.69 billion | AED 1,692 | AED 3.7 million | 100,837 | AED 94 | 6.8% |
How much does a home in Dubai cost by number of bedrooms?
In Dubai in Q3 2026, median prices were AED 1.2 million for a 1-bedroom apartment (11,798 sales); AED 645,000 for a studio apartment (11,416 sales); AED 3.6 million for a 4-bedroom villa or townhouse (920 sales); AED 3.0 million for a 3-bedroom villa or townhouse (796 sales).
| Bedrooms | Sales | Median price | Per sq ft |
|---|---|---|---|
| Studio | 11,416 | AED 645,000 | AED 1,725 |
| 1-bed | 11,798 | AED 1.2 million | AED 1,605 |
| 2-bed | 6,012 | AED 2.0 million | AED 1,660 |
| 3-bed | 1,432 | AED 3.6 million | AED 1,924 |
| 4-bed | 191 | AED 9.1 million | AED 2,707 |
| ⚠5-bed | 11 | AED 62.1 million | AED 4,751 |
| ⚠6-bed | 5 | AED 30.7 million | AED 3,203 |
| Bedrooms | Sales | Median price | New lease registrations | Median rent, a year | Gross yield |
|---|---|---|---|---|---|
| ⚠1-bed | 16 | AED 960,000 | 106 | AED 72,000 | 7.3% |
| 2-bed | 228 | AED 1.5 million | 502 | AED 145,000 | 4.3% |
| 3-bed | 796 | AED 3.0 million | 3,573 | AED 150,150 | 4.6% |
| 4-bed | 920 | AED 3.6 million | 2,575 | AED 220,000 | 5.5% |
| 5-bed | 261 | AED 5.2 million | 710 | AED 369,500 | 6.0% |
| ⚠6-bed | 4 | AED 18.7 million | 112 | AED 702,500 | – |
| ⚠7-bed | 0 | – | 10 | AED 2.2 million | – |
| ⚠8-bed | 0 | – | 1 | AED 3.3 million | – |
What is the average rent in Dubai?
The median rental rate on new apartment lease registrations (Ejari) in Dubai was AED 94 per sq ft a year in Q3 2026, across 85,244 registrations. New villa and townhouse lease registrations had a median rental rate of AED 180,000 a year, across 9,868 registrations. 100,837 new leases and 115,570 renewals were registered with Ejari.
What is the rental yield in Dubai?
The gross rental yield on ready apartments in Dubai was 6.8% in Q3 2026, comparing median new rents with median ready sale prices per sq ft. For villas and townhouses it was 4.4%, 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 Q3 2026, the median apartment price of AED 1,692 per sq ft is approximately $461 per sq ft; the median villa and townhouse price of AED 3.7 million is approximately $1.01 million; the median new apartment rental rate of AED 94 per sq ft a year is approximately $26.
How many prime sales were recorded in Dubai?
698 prime sales (AED 10 million and above) were recorded in Dubai in Q3 2026, worth AED 15.77 billion and accounting for 2.0% of sales. Villas and townhouses accounted for 434 of them and off-plan sales for 220. They included 83 super-prime sales ($10 million and above, approximately AED 37 million), worth AED 5.35 billion.
Which Dubai communities recorded the most sales in Q3 2026?
Dubai South recorded the most sales of the communities tracked in Q3 2026, with 5,136 sales worth AED 6.08 billion.
| Community | Sales | Change | Value | Apartments, per sq ft | Villas, median | New lease registrations | Apartment rent, per sq ft | Gross yield |
|---|---|---|---|---|---|---|---|---|
| Dubai South | 5,136 | −4.0% | AED 6.08 billion | AED 1,711 | AED 4.8 million | 583 | AED 81 | 7.4% |
| Jumeirah Village Circle (JVC) | 2,441 | +18.7% | AED 2.69 billion | AED 1,407 | AED 2.8 million | 5,200 | AED 92 | 7.5% |
| Downtown Jebel Ali | 2,220 | +408.0% | AED 1.90 billion | AED 1,699 | – | 206 | AED 101 | 8.9% |
| ⚠City of Arabia | 1,945 | +114.0% | AED 1.95 billion | AED 1,718 | AED 4.1 million | 34 | AED 83 | 7.0% |
| Majan and Al Barari | 1,164 | −29.1% | AED 1.54 billion | AED 1,420 | AED 6.4 million | 237 | AED 87 | 6.9% |
| ⚠Dubailand Residence Complex (DLRC) | 1,084 | −29.5% | AED 1.06 billion | AED 1,363 | AED 51.2 million | 489 | AED 73 | 8.5% |
| DAMAC Lagoons and Remraam | 975 | −21.7% | AED 1.87 billion | AED 1,695 | AED 2.6 million | 444 | – | – |
| Business Bay | 961 | +1.5% | AED 2.49 billion | AED 2,076 | – | 5,606 | AED 113 | 6.3% |
| JLT, Jumeirah Park and Jumeirah Islands | 857 | +2.3% | AED 2.32 billion | AED 2,322 | AED 8.5 million | 1,369 | AED 103 | 7.3% |
| ⚠International City | 772 | −27.2% | AED 544 million | AED 1,106 | AED 2.0 million | 894 | AED 79 | 11.1% |
| Dubai Creek Harbour | 767 | −17.3% | AED 2.21 billion | AED 2,536 | – | 7,355 | AED 118 | 5.3% |
| ⚠Dubai Investments Park 1 (DIP 1) | 765 | −24.8% | AED 895 million | AED 943 | AED 1.4 million | 1,118 | AED 68 | 5.9% |
| Dubai Production City and Jumeirah Golf Estates | 740 | +6.8% | AED 1.94 billion | AED 1,403 | AED 13.4 million | 2,218 | AED 92 | 9.3% |
| Arjan | 702 | −14.5% | AED 724 million | AED 1,556 | – | 1,683 | AED 101 | 7.5% |
| ⚠Jebel Ali Village and Wasl Gate | 687 | −35.1% | AED 1.56 billion | AED 1,713 | AED 5.3 million | 329 | AED 102 | 7.9% |
| ⚠Motor City | 670 | +28.4% | AED 897 million | AED 1,748 | AED 7.0 million | 52 | AED 76 | 7.4% |
| Sobha Sanctuary and The Valley | 602 | +315.2% | AED 2.41 billion | AED 1,875 | AED 4.2 million | 122 | – | – |
| Dubai Marina | 550 | +57.6% | AED 1.34 billion | AED 2,072 | – | 1,885 | AED 108 | 5.4% |
| Downtown Dubai | 524 | +24.2% | AED 2.22 billion | AED 2,712 | – | 5,877 | AED 148 | 5.9% |
| Dubai Hills Estate | 487 | +16.0% | AED 1.77 billion | AED 2,279 | AED 7.9 million | 1,703 | AED 130 | 6.0% |
| Al Furjan | 478 | −33.3% | AED 781 million | AED 1,351 | AED 4.2 million | 950 | AED 95 | 7.6% |
| ⚠Dubai Islands | 477 | −64.9% | AED 1.64 billion | AED 2,596 | AED 9.2 million | 9 | AED 77 | – |
| ⚠Dubai Sports City (DSC) | 475 | −18.0% | AED 499 million | AED 1,209 | AED 4.8 million | 1,504 | AED 80 | 8.4% |
| DAMAC Hills | 468 | +99.1% | AED 710 million | AED 1,790 | AED 4.8 million | 957 | AED 99 | 7.7% |
| DAMAC Islands 2, Mira and Reem | 433 | −28.4% | AED 1.53 billion | – | AED 3.1 million | 187 | – | – |
| ⚠Al Jaddaf | 432 | −3.1% | AED 632 million | AED 1,958 | AED 10.2 million | 623 | AED 106 | 6.5% |
| ⚠Meydan Horizon and Sobha Hartland II | 412 | −34.3% | AED 1.16 billion | AED 2,532 | AED 25.7 million | 3 | AED 73 | – |
| Jumeirah Village Triangle (JVT) | 394 | −37.9% | AED 450 million | AED 1,582 | – | 390 | AED 98 | 7.1% |
| Dubai Silicon Oasis (DSO) | 389 | +31.9% | AED 508 million | AED 1,135 | – | 843 | AED 76 | 7.8% |
| Town Square | 341 | −5.3% | AED 555 million | AED 1,392 | AED 2.9 million | 1,023 | AED 101 | 7.7% |
| Meydan One | 341 | +12.9% | AED 438 million | AED 2,056 | – | 1,843 | AED 125 | 6.7% |
| Arabian Ranches 3 and Villanova | 317 | −13.4% | AED 1.08 billion | AED 1,582 | AED 3.5 million | 626 | – | – |
| Dubai Studio City | 292 | +6.2% | AED 206 million | AED 1,524 | – | 349 | AED 100 | 7.3% |
| ⚠Dubai Maritime City and Mina Rashid | 270 | −35.9% | AED 749 million | AED 3,109 | – | 56 | AED 90 | 3.6% |
| Business Park, Meydan | 269 | −10.6% | AED 514 million | AED 3,462 | – | 0 | – | – |
| ⚠Sobha Hartland | 263 | +41.4% | AED 555 million | AED 1,961 | AED 16.2 million | 1,245 | AED 116 | 5.9% |
| ⚠Dubai Industrial City | 251 | +43.4% | AED 176 million | AED 1,429 | AED 1.4 million | 33 | AED 71 | 6.8% |
| ⚠DAMAC Hills 2 | 246 | Broadly unchanged | AED 420 million | AED 1,147 | AED 1.7 million | 1,085 | AED 88 | 8.7% |
| Dubai Harbour, Jumeirah Beach Residence and Bluewaters (JBR) | 237 | −10.9% | AED 1.31 billion | AED 2,907 | – | 625 | AED 157 | 8.0% |
| ⚠Living Legends | 230 | +296.6% | AED 248 million | AED 1,422 | AED 4.8 million | 77 | AED 76 | 6.8% |
| Palm Jumeirah | 228 | −3.4% | AED 3.47 billion | AED 2,928 | AED 44.5 million | 824 | AED 121 | 5.1% |
| ⚠Palm Jebel Ali | 224 | +224.6% | AED 1.72 billion | AED 3,565 | AED 22.3 million | 0 | – | – |
| ⚠Dubai Science Park | 215 | −43.6% | AED 256 million | AED 1,723 | AED 6.8 million | 226 | AED 89 | 6.5% |
| Discovery Gardens | 203 | −14.0% | AED 161 million | AED 893 | – | 0 | – | – |
| Dubai Investments Park 2 (DIP 2) | 163 | −28.2% | AED 428 million | AED 1,408 | AED 4.5 million | 714 | AED 76 | 10.8% |
| Al Satwa | 158 | −71.2% | AED 229 million | AED 2,204 | – | 876 | AED 89 | 5.2% |
| ⚠City Walk and Al Wasl | 129 | −27.9% | AED 572 million | AED 3,163 | – | 68 | AED 149 | 5.5% |
| ⚠Liwan | 128 | −15.2% | AED 120 million | AED 1,155 | AED 2.0 million | 272 | AED 70 | 7.9% |
| Emirates Living | 109 | +22.5% | AED 1.17 billion | – | AED 5.0 million | 371 | – | – |
| Mudon | 108 | +40.3% | AED 412 million | – | AED 3.5 million | 115 | – | – |
| ⚠Arabian Ranches 2, Serena and The Sustainable City | 105 | +32.9% | AED 218 million | AED 1,064 | AED 1.3 million | 153 | AED 86 | 8.1% |
| Arabian Ranches 3 | 102 | +6.2% | AED 422 million | – | AED 3.6 million | 551 | – | – |
| The Greens | 98 | +34.2% | AED 191 million | AED 1,749 | – | 66 | AED 112 | 6.4% |
| Dubai International Academic City | 93 | – | AED 435 million | – | AED 4.4 million | 148 | AED 75 | – |
| Za'abeel 2 and Dubai Design District | 87 | −74.6% | AED 390 million | AED 3,165 | – | 222 | AED 130 | 4.8% |
| ⚠Falcon City of Wonders | 84 | −24.3% | AED 125 million | AED 1,558 | AED 7.0 million | 24 | – | – |
| ⚠Al Kifaf | 77 | −4.9% | AED 231 million | AED 2,196 | – | 125 | AED 98 | 5.1% |
| ⚠Meydan and Nad Al Sheba | 71 | −19.3% | AED 501 million | AED 2,041 | AED 6.2 million | 37 | – | – |
| ⚠Al Sufouh | 67 | +346.7% | AED 174 million | AED 2,455 | – | 23 | AED 103 | 6.7% |
| Sobha One | 67 | −6.9% | AED 174 million | AED 2,400 | – | 0 | – | – |
| ⚠Dubai Media City | 50 | +13.6% | AED 240 million | AED 2,286 | – | 4 | AED 161 | 7.5% |
| ⚠Jebel Ali Hills | 45 | −87.3% | AED 364 million | – | AED 7.0 million | 20 | AED 58 | – |
| The Oasis | 37 | −43.1% | AED 735 million | – | AED 14.9 million | 0 | – | – |
| The Heights Country Club | 34 | −78.5% | AED 273 million | – | AED 8.1 million | 1 | – | – |
| ⚠Jumeirah 2 | 28 | +180.0% | AED 1.08 billion | AED 8,479 | – | 2 | AED 67 | – |
Which buildings in Dubai recorded the most sales?
Azizi Venice 6 by Azizi recorded the most sales of any building in Dubai in Q3 2026, with 662 sales worth AED 568 million.
| Building or sub-community | Developer | Sales | Value | Off-plan | Apartments, per sq ft |
|---|---|---|---|---|---|
| Azizi Venice 6Madinat Al Mataar | Azizi | 662 | AED 568 million | 100% | AED 2,045 |
| Azizi Venice 14Madinat Al Mataar | Azizi | 630 | AED 454 million | 100% | AED 1,639 |
| Raw District By Imtiaz RJabal Ali Industrial Second | Imtiaz | 591 | AED 566 million | 100% | AED 1,759 |
| Azizi Venice 15Madinat Al Mataar | Azizi | 512 | AED 440 million | 100% | AED 1,725 |
| Azizi Milan HeightsCity Of Arabia | Azizi | 433 | AED 297 million | 100% | AED 1,758 |
| Azizi Venice 7Madinat Al Mataar | Azizi | 403 | AED 308 million | 100% | AED 1,850 |
| Binghatti SkyterracesAl Hebiah First | Binghatti | 396 | AED 378 million | 100% | AED 1,775 |
| azizi venice 13Madinat Al Mataar | Azizi | 395 | AED 301 million | 100% | AED 1,687 |
| Raw District By Imtiaz CrDown Town Jabal Ali | Imtiaz | 371 | AED 353 million | 100% | AED 1,768 |
| Damac Lagoons - ValenciaAl Hebiah Fifth | DAMAC | 358 | AED 428 million | 100% | AED 1,637 |
Which developers recorded the most off-plan sales in Dubai?
Azizi recorded the most off-plan sales in Dubai in Q3 2026, with 6,781 sales worth AED 5.45 billion, accounting for 28% of off-plan sales. It was followed by Binghatti (2,019), DAMAC (1,394).
| Developer | Off-plan sales | Value | Share of off-plan sales |
|---|---|---|---|
| Azizi | 6,781 | AED 5.45 billion | 28% |
| Binghatti | 2,019 | AED 3.02 billion | 8% |
| DAMAC | 1,394 | AED 2.49 billion | 6% |
| Imtiaz | 1,362 | AED 1.48 billion | 6% |
| Emaar | 1,271 | AED 3.54 billion | 5% |
| Reportage | 926 | AED 1.09 billion | 4% |
| Sobha | 747 | AED 1.53 billion | 3% |
| Samana | 709 | AED 780 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: Q3 2026 (July to September). Data: Dubai Land Department. Published 2 November 2026. https://richmondproperties.ae/insights/market-reports/dubai/2026-q3. 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 Q3 2026 (July to September), compared with Q2 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.