LVIn short
In July 2026, Dubai's residential property market recorded AED 25.95 billion (about $7.1 billion) in sales across 12,748 transactions, according to Dubai Land Department data. Off-plan deals accounted for more than 70% of transactions, underscoring investor confidence in projects under construction from the city's leading developers.
Dubai Land Department closed July 2026 with AED 25.95 billion in residential sales, roughly $7.1 billion, spread across 12,748 transactions. It is one of the strongest months of the year by volume, confirming the market is holding a steady pace even through the traditionally quieter summer season.
The detail that stands out is the mix: more than 70% of transactions involved off-plan units, properties sold before or during construction. That is a clear signal investors keep backing the future pipeline of Dubai's major developers, often helped by payment plans that spread costs over several years through to handover.
July at a glance
- AED 25.95bn (about $7.1bn) in total residential sales
- 12,748 transactions completed in the month
- Over 70% of transactions were off-plan
- Source: Dubai Land Department
A trend built over the year
The month fits a trajectory the Dubai Land Department has been tracking since January: Q1 2026 transactions rose 31% year on year to AED 252 billion citywide. July is not an isolated spike, it is another data point in a market consolidating record volumes on a structural basis.
Behind the figures sit steady underlying drivers: resident population growth, economic diversification away from oil, and a project pipeline that leading developers, from Emaar to Damac to Sobha, keep feeding with regular launches.
Original source
Article based on Dubai property market records $7.1bn in July home sales as off-plan dominates — Dubai Land Department · 5 Aug 2026. Reading, analysis and commentary are original.
Frequently asked
How much did Dubai's property market sell in July 2026?
AED 25.95 billion (about $7.1 billion) across 12,748 residential transactions, according to Dubai Land Department data.
What share of the market is off-plan?
Over 70% of July's transactions involved off-plan property, confirming investor confidence in projects under construction from leading developers.
Is Dubai's market still growing in 2026?
Yes: Q1 2026 transactions rose 31% year on year to AED 252 billion, according to the Dubai Land Department.
What is driving off-plan demand in Dubai?
Population growth, economic diversification and confidence in major developers, who keep launching new projects with flexible payment plans.
Luca Vallelonga
Italian real estate consultant in Dubai since 2021 · Senior Real Estate Advisor, Gabetti Middle East · BRN 85642
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