Dubai’s residential market entered 2026 with transaction volumes easing following strong activity levels throughout 2025.

Q1 2026 recorded approximately 45,208 transactions, down 17% quarter-on-quarter, with March providing the clearest indication of current market conditions.

Key Highlights

• 45,208 total transactions in Q1 2026 (-17% q-o-q)
• Off-plan market accounted for 72% of overall transactions
• 2,064 transactions above AED 10M
• Secondary market activity declined significantly in March

Market Performance

January and February saw strong activity levels, while March reflected a slowdown influenced by geopolitical developments and seasonal factors such as Ramadan and Eid.

Transaction volumes declined by approximately 17% compared to February, indicating a moderation in activity.

Demand & Pricing

The off-plan market remained dominant, accounting for 72% of transactions.

Secondary transaction volumes declined by approximately 40% month-on-month, with mortgage activity also reducing, indicating a more cautious approach among buyers.

Average prices increased in Q1 2026, although early signs of moderation are emerging in more recent data.

Outlook

The market has entered a more cautious and measured phase, with near-term activity expected to remain under pressure while trends are monitored for clearer direction.

For a detailed breakdown of transaction trends, pricing movements and supply dynamics, download the full report.