Dubai Real Estate Market Report Q3 2026

According to NAHY Real Estate analysis, NAHY tracks 149 active off-plan projects across Dubai and the UAE in Q3 2026, with 2027 the peak handover year (48 projects scheduled). On Dubai Land Department registered sales (Sep 2024 to Aug 2026), median apartment prices range from AED 1,106/sqft in Dubai Sports City to AED 3,593/sqft in Emaar Beachfront, and the highest gross yield published in a NAHY area guide is 8.1% on a 1-bedroom in Dubai Sports City. NAHY Real Estate (ORN 49326), WhatsApp +971 55 650 7737.

Emaar Beachfront leads apartment prices at AED 3,593/sqft (DLD, Sep 2024 to Aug 2026). Dubai Sports City offers the most accessible entry at AED 1,106/sqft. The ranking covers 17 Dubai areas with a DLD median. #1 Emaar Beachfront: AED 3,593/sqft (DLD, Sep 2024 to Aug 2026), #2 Palm Jebel Ali: AED 3,495/sqft (DLD, Sep 2024 to Aug 2026), #3 Downtown Dubai: AED 2,559/sqft (DLD, Sep 2024 to Aug 2026), #4 Dubai Islands: AED 2,515/sqft (DLD, Sep 2024 to Aug 2026), #5 Palm Jumeirah: AED 2,407/sqft (DLD, Sep 2024 to Aug 2026), #6 Creek Harbour: AED 2,384/sqft (DLD, Sep 2024 to Aug 2026), #7 Business Bay: AED 2,320/sqft (DLD, Sep 2024 to Aug 2026), #8 Dubai Hills Estate: AED 2,293/sqft (DLD, Sep 2024 to Aug 2026), #9 Meydan: AED 2,091/sqft (DLD, Sep 2024 to Aug 2026), #10 Motor City: AED 1,865/sqft (DLD, Sep 2024 to Aug 2026), #11 JLT: AED 1,800/sqft (DLD, Sep 2024 to Aug 2026), #12 Dubai Marina: AED 1,784/sqft (DLD, Sep 2024 to Aug 2026), #13 Dubai South: AED 1,636/sqft (DLD, Sep 2024 to Aug 2026), #14 JBR: AED 1,581/sqft (DLD, Sep 2024 to Aug 2026), #15 JVT: AED 1,536/sqft (DLD, Sep 2024 to Aug 2026), #16 JVC: AED 1,364/sqft (DLD, Sep 2024 to Aug 2026), #17 Dubai Sports City: AED 1,106/sqft (DLD, Sep 2024 to Aug 2026). Source: Dubai Land Department via Dubai Pulse, registered sales, Sep 2024 to Aug 2026.

DIFC: AED 2,986/sqft, Dubai Land Department · Bayut Tru View, July 2026. Different source and period from the 24-month DLD series, so it is listed after the ranking.

Dubai Sports City leads yields among NAHY area guides at 8.1% gross on a 1-bedroom. The ranking covers the 11 areas whose guide publishes a yield. #1 Dubai Sports City: 8.1% on a 1-bedroom, #2 JVC: 7.7% on a 1-bedroom, #3 Dubai Marina: 7.2% on a 1-bedroom, #4 Downtown Dubai: 6.7% on a 1-bedroom, #5 JBR: 6.5% on a 1-bedroom, #6 Dubai Hills Estate: 6.2% to 6.5% on a 1-bedroom, #7 Palm Jumeirah: 6.2% on a 2-bedroom, #8 Creek Harbour: 6.1% on a 1-bedroom, #9 Business Bay: 6.0% on a 1-bedroom, #10 JLT: 5.9% on a 1-bedroom, #11 Dubai South: 5.3% to 5.4% on a 1-bedroom. How we compute it: gross yield = Bayut average annual rent, H1 2026, over the DLD median price, the same figure each area guide prints.

This report combines three sources: (1) Dubai Land Department (DLD) registered sales via Dubai Pulse, Sep 2024 to Aug 2026: median apartment price per sqft for 17 Dubai areas; DIFC uses its own record (Dubai Land Department · Bayut Tru View, July 2026); (2) NAHY Real Estate's project database, compiled from developer registrations and NahyMap, covering 161 visible projects as of August 2026; (3) the UAE Federal Authority for Identity and Citizenship (ICP) for the Golden Visa threshold. How we compute it: gross yield = Bayut average annual rent, H1 2026, over the DLD median price, the same figure each area guide prints. Gross yield does not deduct service charges, agency fees or vacancy.

Golden Visa minimum investment: AED 2,000,000. Source: ICP Federal Authority for Identity and Citizenship, July 2026.

Dubai luxury property outlook for 2027. Official forecasts point to growth in 2027 after a softer 2026. The IMF projects real GDP growth of 7.7% for the UAE in 2027 (World Economic Outlook, October 2026), after a 2026 shaped by regional geopolitical developments. Dubai kept adding residents: the population reached 4,807,185 in late September 2026, 226,885 more than at the start of the year (Dubai Data and Statistics Establishment). Demand at the top of the market remains visible in official data. An off-plan apartment at Aman Residences Dubai sold for AED 166.07 million in 2026, according to Dubai Land Department data reported by Gulf News. The Dubai Land Department does not publish a separate count of sales above AED 10 million, so this report does not print one. New supply is the main variable for 2027. Moody's expects about 180,000 new units to be completed in Dubai from 2026 to 2028. S&P Global Ratings (7 October 2026) expects the residential stock to grow by about 20% over two years, mostly apartments; its base case is that regional disruption continues into 2027, which could weigh on prices of investor-owned apartments, and if the risk eases it expects prices to stabilise. In NAHY's reading, this favours prime locations with limited supply over large apartment launches. The long-term plan is unchanged: the Dubai Real Estate Sector Strategy 2033 aims to raise transaction volume by 70% and home ownership to 33% (Dubai Media Office).

How interest rates affect Dubai property buyers in 2026. The UAE Central Bank Base Rate is 3.9% (decision of 28 October 2026). The dirham is pegged to the US dollar, so the Central Bank follows the US Federal Reserve: after three cuts in 2025, down to 3.65% in December, it raised the rate by 0.25 point on 16 September 2026, when the Fed moved to a 3.75% to 4.00% range. Mortgage limits come from the Central Bank's Mortgage Regulations: expatriate residents can borrow up to 80% of the price of a first home under AED 5 million, 70% above AED 5 million, 60% for a second or investment property and 50% for off-plan, for up to 25 years. The regulation has no separate category for non-residents, so the limit for a buyer living abroad depends on each bank. Dubai registered AED 179.26 billion in mortgage transactions in 2025 and AED 151.13 billion from January to September 2026 (Dubai Land Department data). The Dubai Land Department does not publish the share of purchases paid in cash. For buyers comparing with home: Brazil's Selic rate is 13.75% a year (Copom, 16 September 2026) and the European Central Bank deposit rate is 2.50% (held on 29 October 2026). For off-plan homes, the developer's payment plan during construction does not depend on a bank.

Largest developers in Dubai by sales. On official company results, Emaar Properties is the largest developer in Dubai by sales: AED 80.4 billion in property sales in 2025, up 16%, with a revenue backlog of AED 155 billion (Emaar, 12 February 2026). DAMAC reported AED 36 billion and Sobha Realty AED 30 billion in 2025 sales (company statements, January 2026). In the first half of 2026, Emaar Properties booked about AED 26.6 billion in sales and its revenue backlog grew to AED 164.9 billion (results reported on 7 August 2026). Size is not the only test. Under Dubai Law No. 8 of 2007, a developer must be registered with the Dubai Land Department to sell off-plan, every buyer payment goes into an escrow account used only for that project, and 5% of the account is held for one year after the units are registered to buyers. Before paying for an off-plan unit, ask for the project's registration and escrow account number. Dubai had 937 projects under construction at the end of 2025 and completed 104 projects in the first half of 2026 (Dubai Land Department).

Who is buying in Dubai: buyer trends in 2025 and 2026. 2025 was Dubai's record year: over 270,000 real estate transactions worth AED 917 billion, up 20%, with about 193,100 investors, 129,600 of them new to the market (Dubai Land Department, 12 January 2026). Residents were 56.6% of investors, and renters took 4.8 years on average to become owners. 2026 has kept a high level. From January to September, sales reached AED 379.4 billion across 123,416 deals, the second-highest nine-month value on record (Dubai Land Department data, 1 October 2026). Ready homes were 51.7% of the value and off-plan 48.3%; by number of deals, off-plan was about 68% (NAHY calculation from the same data). In the first quarter of 2026, 48,448 investors bought property in Dubai, 29,312 of them for the first time (Dubai Land Department, 9 April 2026). The Dubai Land Department does not publish an official ranking of buyer nationalities, so this report does not print one. UAE residents can also use the First-Time Home Buyer Programme: in its first year, over 3,200 residents bought through it, with more than AED 5 billion in sales (Dubai Land Department, June 2026).

Market in JVC (DLD, Sep 2024 to Aug 2026)

Sales, 24 months19,789
Off-plan share53.3%
Median AED/sqft, apartmentsAED 1,364/sqft
Studio medianAED 682,260
1 bedroom medianAED 1,020,000
2 bedroom medianAED 1,507,150
3 bedroom medianAED 2,152,606

Full data for JVC

Market in Dubai South (DLD, Sep 2024 to Aug 2026)

Sales, 24 months14,525
Off-plan share80.1%
Median AED/sqft, apartmentsAED 1,636/sqft
Studio medianAED 640,000
1 bedroom medianAED 1,150,000
2 bedroom medianAED 1,772,858
3 bedroom medianAED 2,391,326

Full data for Dubai South

Market in Business Bay (DLD, Sep 2024 to Aug 2026)

Sales, 24 months13,837
Off-plan share50.7%
Median AED/sqft, apartmentsAED 2,320/sqft
Studio medianAED 1,109,999
1 bedroom medianAED 1,739,633
2 bedroom medianAED 2,518,631
3 bedroom medianAED 3,750,000

Full data for Business Bay

Market in JLT (DLD, Sep 2024 to Aug 2026)

Sales, 24 months7,033
Off-plan share35.4%
Median AED/sqft, apartmentsAED 1,800/sqft
Studio medianAED 879,999
1 bedroom medianAED 1,600,000
2 bedroom medianAED 2,431,719
3 bedroom medianAED 3,443,828

Full data for JLT

Market in Dubai Hills Estate (DLD, Sep 2024 to Aug 2026)

Sales, 24 months6,328
Off-plan share49.7%
Median AED/sqft, apartmentsAED 2,293/sqft
Studio medianAED 766,134
1 bedroom medianAED 1,652,388
2 bedroom medianAED 2,733,888
3 bedroom medianAED 4,089,888

Full data for Dubai Hills Estate

Market in Dubai Marina (DLD, Sep 2024 to Aug 2026)

Sales, 24 months5,882
Off-plan share20.7%
Median AED/sqft, apartmentsAED 1,784/sqft
Studio medianAED 1,143,360
1 bedroom medianAED 1,434,500
2 bedroom medianAED 2,107,732
3 bedroom medianAED 3,325,269

Full data for Dubai Marina

Market in Motor City (DLD, Sep 2024 to Aug 2026)

Sales, 24 months5,538
Off-plan share70.6%
Median AED/sqft, apartmentsAED 1,865/sqft
Studio medianAED 790,999
1 bedroom medianAED 1,120,000
2 bedroom medianAED 1,758,624
3 bedroom medianAED 2,167,500

Full data for Motor City

Market in Dubai Sports City (DLD, Sep 2024 to Aug 2026)

Sales, 24 months5,348
Off-plan share36.1%
Median AED/sqft, apartmentsAED 1,106/sqft
Studio medianAED 551,580
1 bedroom medianAED 750,000
2 bedroom medianAED 1,250,000
3 bedroom medianAED 2,083,614

Full data for Dubai Sports City

Market in Downtown Dubai (DLD, Sep 2024 to Aug 2026)

Sales, 24 months5,183
Off-plan share24.1%
Median AED/sqft, apartmentsAED 2,559/sqft
Studio medianAED 1,482,740
1 bedroom medianAED 2,000,000
2 bedroom medianAED 3,400,000
3 bedroom medianAED 5,400,000

Full data for Downtown Dubai

Market in JVT (DLD, Sep 2024 to Aug 2026)

Sales, 24 months5,101
Off-plan share74%
Median AED/sqft, apartmentsAED 1,536/sqft
Studio medianAED 669,278
1 bedroom medianAED 1,127,128
2 bedroom medianAED 1,566,132
3 bedroom medianAED 2,382,006

Full data for JVT

Market in Creek Harbour (DLD, Sep 2024 to Aug 2026)

Sales, 24 months4,767
Off-plan share51.8%
Median AED/sqft, apartmentsAED 2,384/sqft
Studio median
1 bedroom medianAED 1,869,888
2 bedroom medianAED 2,885,888
3 bedroom medianAED 3,914,388

Full data for Creek Harbour

Market in Dubai Islands (DLD, Sep 2024 to Aug 2026)

Sales, 24 months4,431
Off-plan share95.4%
Median AED/sqft, apartmentsAED 2,515/sqft
Studio medianAED 1,148,000
1 bedroom medianAED 2,195,706
2 bedroom medianAED 3,341,098
3 bedroom medianAED 5,327,520

Full data for Dubai Islands

Market in Meydan (DLD, Sep 2024 to Aug 2026)

Sales, 24 months4,069
Off-plan share41.5%
Median AED/sqft, apartmentsAED 2,091/sqft
Studio medianAED 760,860
1 bedroom medianAED 1,249,050
2 bedroom medianAED 2,160,000
3 bedroom medianAED 3,775,915

Full data for Meydan

Market in Palm Jumeirah (DLD, Sep 2024 to Aug 2026)

Sales, 24 months2,644
Off-plan share16.3%
Median AED/sqft, apartmentsAED 2,407/sqft
Studio medianAED 1,278,750
1 bedroom medianAED 2,673,521
2 bedroom medianAED 4,000,000
3 bedroom medianAED 6,150,000

Full data for Palm Jumeirah

Market in Emaar Beachfront (DLD, Sep 2024 to Aug 2026)

Sales, 24 months1,041
Off-plan share42.6%
Median AED/sqft, apartmentsAED 3,593/sqft
Studio median
1 bedroom medianAED 2,500,000
2 bedroom medianAED 4,745,001
3 bedroom medianAED 7,262,292

Full data for Emaar Beachfront

Market in JBR (DLD, Sep 2024 to Aug 2026)

Sales, 24 months997
Off-plan share0%
Median AED/sqft, apartmentsAED 1,581/sqft
Studio medianAED 1,187,216
1 bedroom medianAED 1,739,327
2 bedroom medianAED 2,300,000
3 bedroom medianAED 2,663,548

Full data for JBR

Market in Arabian Ranches (DLD, Sep 2024 to Aug 2026)

Sales, 24 months845
Off-plan share0%
Median AED/sqft, apartments
Studio median
1 bedroom median
2 bedroom median
3 bedroom median

Full data for Arabian Ranches

Market in Palm Jebel Ali (DLD, Sep 2024 to Aug 2026)

Sales, 24 months682
Off-plan share30.1%
Median AED/sqft, apartmentsAED 3,495/sqft
Studio median
1 bedroom medianAED 2,782,000
2 bedroom medianAED 4,476,000
3 bedroom medianAED 7,764,000

Full data for Palm Jebel Ali

Source: Dubai Land Department (DLD), via Dubai Pulse · Sep 2024 to Aug 2026

Reviewed by Mariane Nunes, Founder and CEO, NAHY Real Estate