Dubai real estate completes 104 projects worth AED 111bn in H1 2026
Dubai's real estate sector completed 104 projects in the first half of 2026, a 38.7% jump from 75 in the same period last year, according to Dubai Land Department data.
Dubai's real estate sector completed 104 projects in the first half of 2026, a 38.7% jump from 75 in the same period last year, according to Dubai Land Department data.
Dubai's residential market is set to complete approximately 55,600 units in 2026 – the highest annual handover volume since 2008 – with around 32,000 of those expected in the second half of the year
Combined net profits of nine listed UAE real estate developers rose 24% year-on-year to AED 21.88 billion in the first half of 2026, from AED 17.62 billion in the same period of 2025.
Abu Dhabi's residential property market posted a near-tripling of sales value in the first half of 2026, reaching AED 70.4 billion, with off-plan transactions accounting for 89% of sales value and 82% of all deals.
Mubadala Investment Company has raised its shareholding in Aldar Properties from 27.01% to 28.03% through the acquisition of approximately 78.6 million additional shares via its subsidiary Mamoura Diversified Global.
The UAE's ten largest property developers combined for AED 113.7 billion in sales during the first half of 2026, with Modon Holding and Emaar Properties together accounting for nearly AED 45.4 billion of that total.
Emaar Development posted a 43% year-on-year rise in net profit after tax to AED 6.7 billion in H1 2026, as property sales across its Dubai communities reached AED 22.4 billion.
Dubai's rental market is tracking toward an all-time annual high, with 214,445 contracts registered in the first seven months of 2026 – a 1.9% year-on-year increase – putting the emirate on pace to surpass last year's record of 377,660 contracts.
Dubai's office market generated AED 15.8 billion in sales during the first half of 2026, a near-200% year-on-year surge and double the value recorded in H2 2025.
The UAE Ministry of Finance has extended its Small Business Relief scheme for corporate tax purposes by three years, allowing eligible businesses to continue claiming the benefit through tax periods ending on or before 31 December 2029.
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