Dubai real estate cost 524 billion dirhams in 8 months
Real estate transactions in Dubai during the first eight months of 2026 totaled 523.6 billion AED across 148,600 deals. While property sales decreased by 21% compared to the same period in 2025, there was a 12% growth in mortgages and a 17% rise in gifts. Most sales were concentrated in areas such as Dubai International Airport, Dubai Islands, and Dubai Creek Harbour. The value of property mortgages increased in areas like Dubai Creek Harbour and Dubai Marina. Additionally, off-plan transactions reached a value of 175.2 billion AED. In August alone, sales amounted to 46 billion AED, reflecting a slight increase in the monthly market value.
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