February 2026 Market Analysis

Dubai’s residential real estate market maintained stable transaction activity in February 2026, even as regional geopolitical developments continued to evolve. Market participation during the month remained broad-based across both established residential communities and emerging master-planned districts. Dubai recorded 15,369 residential property transactions, with a total transaction value of AED 45.39 billion. Compared with February 2025, this represents a 2.51% year-on-year increase in transaction volume and a 9.59% rise in transaction value, indicating sustained market depth and liquidity.

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Key figures

Residential transactions
15,369
+2.51% YoY
Against 14,993 in February 2025
Residential transaction value
AED 45.39B
+9.59% YoY
Against AED 41.42 billion in February 2025
Average residential price
AED 1,949/sq ft
+15.67% YoY
Against AED 1,685 in February 2025
Off-plan share of volume
68.12%
10,470 transactions worth AED 30.70 billion

Inside this report

  • Three communities took 2,920 sales between them

    Jumeirah Village Circle, Dubai South and DAMAC Islands 2 led on volume at average prices between AED 1,285 and AED 1,492 per sq ft. Ten areas are tabled with volume and average price per sq ft, from JVC on 1,081 down to Dubai Creek Harbour on 414.

  • Land accounted for over half of commercial value

    Dubai logged 1,442 commercial transactions worth AED 14.61 billion in February, with land at AED 7.80 billion, or 53.39% of the total, and offices at AED 3.37 billion. Seven asset categories are broken out.

  • Leasing ran to 62,833 contracts

    Residential leases numbered 41,637 worth AED 3.78 billion, with commercial adding 21,196 worth AED 1.45 billion, for AED 5.22 billion in total. The rental section splits volume and value across both segments.

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