The Dubai real estate market recorded a total of 3,454 transactions worth AED 12.1 billion during the week ending May 17, 2026, according to official data released by the Dubai Land Department (DLD). The weekly performance underscores sustained momentum in the sector, driven by high demand for both off-plan and ready properties. The figures show that 2,845 sales transactions accounted for AED 8.7 billion of the total volume, while mortgage deals reached AED 2.3 billion across 620 properties. Additionally, 120 gift transactions valued at AED 1.1 billion were recorded during the period.
Sector-specific data revealed that Al Barshaa South Fourth led the market in transaction volume with 384 sales transactions worth AED 345 million. This was followed by Wadi Al Safa 5 with 255 transactions valued at AED 612 million, and Business Bay, which recorded 180 transactions. In the high-end segment, Palm Jumeirah and Dubai Water Canal continued to attract significant capital, with a single apartment sale in the canal district reaching AED 140 million. The mortgage market saw its peak activity in Jebel Ali First, where property financing reached nearly AED 600 million for the week. Experts at the DLD noted that the current trajectory aligns with the city’s long-term economic objectives, as the ratio of first-time buyers remains at record levels for the 2026 fiscal year.
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