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Dubai ready-home transactions surge 46.8% in strongest monthly rise in three years

Dubai's ready-home property transactions jumped 46.8% month-on-month in June 2026 – the strongest single-month rise in three years – according to ValuStrat data. The ValuStrat Price Index edged down to 220 points from 222.1 in May, bringing the cumulative decline in values since 28 February to 10%, though annual growth held broadly steady at 0.1%.

Villa values eased to 293.7 points and apartment values to 169.1 points against a January 2021 base of 100. Off-plan registrations via the Dubai Land Department's Oqood system rose 32% month-on-month – though 16% lower year-on-year – and accounted for 75% of all residential sales, with Azizi Venice, Dubailand Residence Complex, and Jumeirah Village Circle among the top off-plan locations.

In the ultra-prime segment, 19 ready transactions exceeded AED 30 million, including five above AED 50 million, concentrated across Palm Jumeirah, Emirates Hills, Dubai Hills Estate, Al Barari, and DIFC.

On a yearly basis, villa communities in Jumeirah Islands led gains at 17.9%, while DIFC topped apartment growth at 8.1%. The leading developers by sales volume were Azizi at 28.6%, followed by Damac, Binghatti, and Emaar, reflecting continued broad-based demand despite the market's ongoing price moderation.

Gulf Economist Staff Writer