Dubai Property Market Report: May 2026
Off-plan and ready residential sales from Dubai Land Department data · 1–31 May 2026
May 2026 at a glance
8,844 residential property sales worth AED 16.52B were registered with the Dubai Land Department between 1–31 May 2026. Off-plan sales made up 76.5% of the total (6,763 sales), with ready (existing) properties accounting for 2,081. Sales volume was down 26.3% compared with April. The median price was AED 1,677 per sq ft, and Dubai World Central recorded the most transactions (1,177).
Off-plan vs ready sales
| Type | Sales | Share | Value | Median price | Median AED/sq ft |
|---|---|---|---|---|---|
| Off-plan | 6,763 | 76.5% | AED 12.59B | AED 1.13M | 1,708 |
| Ready (existing) | 2,081 | 23.5% | AED 3.94B | AED 1.16M | 1,437 |
Monthly sales trend
Monthly residential sales, off-plan and ready, Jan 2026 to May 2026.
Off-plan: 10,692
Ready: 3,942
Median: AED 1,799/sq ft
Off-plan: 10,127
Ready: 4,144
Median: AED 1,772/sq ft
Off-plan: 9,092
Ready: 2,613
Median: AED 1,760/sq ft
Off-plan: 9,488
Ready: 2,519
Median: AED 1,863/sq ft
Off-plan: 6,763
Ready: 2,081
Median: AED 1,677/sq ft
| Month | Off-plan | Ready | Total | Median AED/sq ft |
|---|---|---|---|---|
| May 2026 | 6,763 | 2,081 | 8,844 | 1,677 |
| Apr 2026 | 9,488 | 2,519 | 12,007 | 1,863 |
| Mar 2026 | 9,092 | 2,613 | 11,705 | 1,760 |
| Feb 2026 | 10,127 | 4,144 | 14,271 | 1,772 |
| Jan 2026 | 10,692 | 3,942 | 14,634 | 1,799 |
Top 10 areas by sales, May 2026
| # | Area | Sales | Off-plan | Median price | Median AED/sq ft |
|---|---|---|---|---|---|
| 1 | Dubai World Central | 1,177 | 1,174 | AED 740,000 | 1,701 |
| 2 | Majan | 925 | 899 | AED 650,000 | 1,408 |
| 3 | Dubai Land Residence Complex | 596 | 541 | AED 817,737 | 1,482 |
| 4 | Jumeirah Village Circle | 532 | 302 | AED 996,358 | 1,431 |
| 5 | Palm Deira | 364 | 364 | AED 3.18M | 3,055 |
| 6 | City Of Arabia | 285 | 284 | AED 608,580 | 1,685 |
| 7 | International City Ph 2 & 3 | 266 | 147 | AED 565,000 | 1,018 |
| 8 | Business Bay | 247 | 104 | AED 1.73M | 2,173 |
| 9 | Jabal Ali First | 203 | 200 | AED 1.94M | 1,699 |
| 10 | Arjan | 194 | 127 | AED 988,444 | 1,620 |
Top 10 off-plan projects, May 2026
Ranked by off-plan sales registered with DLD.
| # | Project | Area | Sales | Median price | Median AED/sq ft |
|---|---|---|---|---|---|
| 1 | Azizi Venice 14 | Dubai World Central | 505 | AED 655,000 | 1,714 |
| 2 | Binghatti Skyflame 1 | Majan | 442 | AED 550,000 | 1,350 |
| 3 | Binghatti Skyflame 2 | Majan | 193 | AED 565,000 | 1,387 |
| 4 | The Meriva Collection | Palm Deira | 119 | AED 4.72M | 3,482 |
| 5 | Azizi Milan Heights | City Of Arabia | 109 | AED 611,000 | 1,739 |
| 6 | DAMAC Lagoons - Valencia | DAMAC Lagoons | 95 | AED 777,000 | 1,846 |
| 7 | Sobha Central | Jabal Ali First | 80 | AED 2.08M | 3,235 |
| 8 | Linea by Holm | Jumeirah Garden City | 76 | AED 1.55M | 2,524 |
| 9 | Greenfield by Samana Developers | International City Ph 2 & 3 | 75 | AED 899,062 | 1,404 |
| 10 | Arian by Azizi | Down Town Jabal Ali | 73 | AED 759,360 | 1,626 |
Prices by bedroom type
| Unit | Sales | Off-plan | Median price | Median AED/sq ft |
|---|---|---|---|---|
| Studio | 3,067 | 2,538 | AED 630,000 | 1,686 |
| 1 Bedroom | 3,289 | 2,495 | AED 1.21M | 1,615 |
| 2 Bedrooms | 1,615 | 1,152 | AED 2.1M | 1,720 |
| 3 Bedrooms | 548 | 350 | AED 3.39M | 1,895 |
| 4 Bedrooms | 247 | 157 | AED 4.88M | 1,932 |
| 5+ Bedrooms | 76 | 71 | AED 5.13M | 2,213 |
2 transactions with other or unrecorded room types not shown.
Frequently asked questions
How many properties were sold in Dubai in May 2026?
DLD records show 8,844 residential sales worth AED 16.52B between 1–31 May 2026.
What share of Dubai property sales were off-plan in May 2026?
Off-plan sales were 76.5% of residential transactions (6,763 of 8,844), at a median of AED 1,708 per sq ft versus AED 1,437 per sq ft for ready properties.
Which Dubai area had the most off-plan sales in May 2026?
Dubai World Central led off-plan sales with 1,174 transactions at a median of AED 1,701 per sq ft.
Which off-plan project sold the most units in May 2026?
Azizi Venice 14 in Dubai World Central recorded 505 off-plan sales at a median price of AED 655,000.
What is the average (median) price per sq ft in Dubai in May 2026?
The median sale price across all residential transactions was AED 1,677 per sq ft, and the median transaction value was AED 1.14M. Medians are used instead of averages so that a few very large deals do not distort the figure.
Where does this data come from?
All figures are calculated by Direct Deal UAE from Dubai Land Department (DLD) sales transaction records. They cover residential sales of apartments, villas and hotel apartments, including off-plan pre-registrations and resales, and exclude land, commercial units, mortgages, gifts and leases.
Methodology and source
Figures are calculated by Direct Deal UAE (RERA ORN 43954) from Dubai Land Department (DLD) Real Estate Data, sales transactions. Included: residential sales registered between 1–31 May 2026 under the DLD procedures Sell - Pre Registration (off-plan), Sale, Delayed Sell and Sale On Payment Plan, for flats, hotel apartments and hotel rooms, and villas. Excluded: developer bulk registrations (Development Registration, Sell Development), lease-to-own contracts, land, commercial property, whole buildings, mortgages, gifts and leases. Each transaction is counted once, by its DLD transaction number. Areas are shown by community name. Prices are medians; price per sq ft is the sale value divided by the registered area. Month-on-month changes compare with April. You may quote these figures with a link to this page.
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