The week of July 13 to 16, 2026 delivered one of the clearest snapshots of Dubai property market strength this year โ AED 15.6 billion in total real estate transactions, a surge in ready home sales not seen in three years, and continued confirmation that Dubai's property market is performing strongly even during the traditionally quieter summer months.
Dubai Land Department data confirmed AED 15.6 billion ($4.2 billion) in total real estate transactions during the week of July 6-10, 2026, across 2,734 sales. Sales activity alone accounted for AED 8.73 billion of that total, with the remainder split across mortgage activity and gift transfers.
The fact that a mid-July week โ historically among the quietest of the year for transactional activity โ is producing AED 15.6 billion in total real estate movement is itself the most important data point. Seasonal moderation in Dubai's property market has historically meant a reduction in the number of deals. It has not meant the market goes quiet. This week confirms that pattern is holding firmly in 2026.
The week's standout transaction was an apartment at Orla Infinity by Omniyat on Palm Jumeirah, which sold for AED 75.75 million ($20.6 million) โ one of the highest single apartment transactions ever recorded in Dubai. Another apartment at Six Senses Residences The Palm changed hands for AED 40 million, while a unit at Seapoint Tower 1 at Dubai Harbour fetched AED 29.1 million.
These figures confirm that Palm Jumeirah and Dubai Harbour waterfront properties continue to attract ultra-high-net-worth buyers at record price levels, reinforcing the investment thesis for premium waterfront addresses.
The secondary market story of the week came from ready-home transaction data showing Dubai's ready property sales posting their most significant monthly increase in three years. For much of H1 2026, the narrative around ready-home sales has been softness relative to off-plan โ buyers consistently choosing new launches over secondary stock.
The June surge in ready transactions, coming after the post-conflict recovery, suggests the secondary market has begun absorbing the improvement in buyer sentiment. Off-plan remains the dominant force at roughly 72% of all sales year to date, but the ready market recovery signals healthy balance returning to Dubai's overall property ecosystem.
New data published this week confirmed a major structural shift in Dubai's residential market during Q2 2026. Approximately 27,300 homes were completed during the quarter โ including around 17,400 apartments and 9,900 villas and townhouses โ representing the highest quarterly delivery of new homes in recent years.
Simultaneously, new project launches fell sharply to just 5,335 new residential units introduced to the market across April, May, and June โ one of the lowest quarterly launch figures in recent years. Developers who launched aggressively through 2024 and early 2025 spent Q2 2026 focused on delivering commitments rather than adding to their pipeline. This is healthy for the market's long-term credibility.
The summer months in Dubai have historically offered a quieter environment for buyers to move decisively. Sellers are more motivated. Competition from other buyers is reduced. And the macro picture points firmly toward a market with sustained long-term demand, selective but real price resilience, and a development pipeline that continues to attract institutional-grade capital.
For investors considering off-plan, the reduced launch volume means less competition for the best units when new projects do come to market. For buyers looking at ready homes, the surge in completed stock means genuine choice in the secondary market for the first time in several quarters.
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