Sales surge across all property segments as June takes Q2 deals to 38,157 worth AED110.2 billion
Dubai, UAE, July 06: The Dubai real estate market recorded a record number of rental contracts in June as property sales grew in value and volume month on month in another clear sign of growing confidence in the property sector.
A market analysis from fäm Properties today shows that 40,022 rental contracts were registered in June, making it the highest ever monthly total on record.
The volume of new contracts registered leapt 48.6% YoY to 19,245, while renewed contracts were up 28.5% YoY to 20,777, reflecting sustained demand across both new tenants and existing residents choosing to stay in Dubai.
Based on open data available from DXBinteract, June delivered 13,933 sales transactions valued at AED33.2 billion, a 35.5% MoM increase in volume and a 14.9% MoM rise in value.
This brought the total amount of sales transactions for Q2 to 38,157 deals worth AED110.2 billion, with an overall volume of 86,077 sales transactions worth AED286.2 billion for the first half of 2026.
“Buyers and tenants are showing a growing amount of confidence, and this is reflected in both rentals and sales, and across each of the property sectors,” said Firas Al Msaddi, CEO of fäm Properties.
“The consistent performance of Dubai South is what moves a location from emerging to established in buyers’ minds, and this is also a good sign for the market’s long-term direction.”
Month on month growth across each sector in June highlighted the market’s underlying strength and resilience as villa sales rose 46.5% MoM to 1,474 worth AED7.5 billion, with apartment sales climbing 32.3% MoM in volume to 11,605 worth AED17.8 billion.
In the commercial sector, including offices and shops, sales volumes climbed 42.7% MoM to 478 deals worth AED2.3 billion, while plot sales soared 68.3% in volume to 276 valued at AED5.4 billion.
Primary sales again dominated in June, with 10,398 transactions worth AED 21.6 billion compared with 3,535 valued at AED11.6 billion in the resale market.
For the fourth consecutive month, Dubai South ranked as the best-performing area in the emirate’s property sector, recording 2,869 transactions worth AED3.3 billion, an increase of 111% in volume and 106% in value MoM.
It was the eighth straight month in the top five for Dubai South, where growth has largely been driven by developer off-plan sales, reflecting genuine end-user and investor confidence in the government’s long-term development vision for this fully integrated, connected urban and business hub.
The most expensive apartment sold in June went for AED200 million at Bugatti Residences By Binghatti at Business Bay, while the most expensive villa fetched AED89 million at Eden Hills
With properties worth more than AED5 million accounting for 6.8% of sales, 8.3% were between AED3-5 million, 12.3% between AED2-3 million, 30.2% between AED1-2 million and 42.2% were below AED1 million.
TOP FIVE PERFORMING AREAS IN JUNE 2026
Transactions Sales value
Dubai South 2,869 AED3.3B
Jebel Ali First 1,153 AED1.4B
Al Barsha South Fourth 764 AED1.0B
Wadi Al Safa 5 526 AED815.3M
Al Thanya Fifth 497 AED1.4B
BEST-SELLING PROJECTS IN JUNE 2026
Primary market apartments
|
|
Volume |
Value AED |
Median price AED |
|
Azizi Venice 14 Building G |
200 |
146.7M |
655K |
|
Azizi Venice 12 Building A |
169 |
151.8M |
710K |
|
Azizi Arian |
160 |
119.3M |
603.5K |
|
Azizi Venice 11 |
141 |
117.5M |
655K |
|
Azizi Venice 14 Building A |
140 |
102.7M |
630K |
Primary market villas
|
Jebel Ali First |
220 |
134.1M |
605.6K |
|
Dubai South |
75 |
383.3M |
4.9M |
|
Verdana 4 |
40 |
57.7M |
1.4M |
|
Al Yelayiss 1 |
39 |
137.2M |
3.0M |
|
Verdana 5 |
34 |
49.8M |
1.4M |
Resale apartments
|
Creek Beach – Moor Building 4 |
50 |
109.1M |
2.4M |
|
Sobha Hartland – Crest Grande |
24 |
67.7M |
2.7M |
|
Peninsula Four |
21 |
41.9M |
1.9M |
|
Peninsula Three |
20 |
35.2M |
1.7M |
|
Binghatti Apex |
17 |
16.6M |
1.0M |
Resale villas
|
Damac Lagoons – Portofino |
15 |
47.3M |
2.6M |
|
Mudon Al Ranim 4 |
13 |
49.6M |
3.6M |
|
Damac Lagoons – Malta 2 |
13 |
40.9M |
2.5M |
|
Damac Lagoons – Costa Brava 1 |
12 |
38.8M |
3.0M |
|
Damac Lagoons – Malta 1 |
11 |
36.9M |
2.5M |