Market report | July to September 2026

UAE residential market, Q3 2026

Short answer. Dubai recorded about 34,500 residential sales worth AED 70.8 billion (USD 19.3 billion) in Q3 2026, down 38% in volume year on year, according to Savills. Abu Dhabi sales value rose 32% year on year to AED 21.5 billion (USD 5.85 billion). Ras Al Khaimah has not published official Q3 figures.

Q3 2026 headline figures
Market and measureFigure (AED)Figure (USD)Source
Dubai residential sales value, Q3 2026AED 70.8 billionUSD 19.3 billionSavills
Dubai residential transactions, Q3 2026about 34,500 (down 38% year on year)Savills
Dubai residential sales value, Q3 2026over AED 72.6 billionUSD 19.8 billionCavendish Maxwell, on DLD data
Dubai residential sales value, Q3 2026AED 56.0 billionUSD 15.2 billionProp971, on DLD data
Dubai median price per sq ft, Q3 2026AED 1,685USD 459Prop971, on DLD data
Dubai home sales of USD 10M (AED 36.7M) or more, Jan to Sep 2026412 sales (357 a year earlier)Knight Frank
Abu Dhabi residential sales, Q3 2026AED 21.5 billion, 6,085 sales (value up 32% year on year)USD 5.85 billionSavills, on ADREC data
Ras Al Khaimah transactions, H1 2026 (latest official)AED 2.89 billionUSD 787 millionRAK Municipality, via WAM

Source: Savills via Zawya; Cavendish Maxwell via Economy Middle East; Prop971 Market Balance Q3 2026; Knight Frank newsroom; Savills Abu Dhabi via Arabian Business; WAM. Official primary data: Dubai Land Department, ADREC.

Each figure is quoted from one named source and never combined with another; firms count transactions differently, so totals differ. Sources read October 24, 2026. USD at AED 3.6725 per USD, rounded. No forecasts; not a recommendation on any property or project.

About the author. Dean Lan is Associate Director at Christie's International Real Estate Dubai. He built companies in the US for more than a decade, has invested in UAE property since 2024, and works in English and Mandarin.

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