Dubai’s real estate market recorded its highest-ever monthly rental activity in June, while sales rose across apartments, villas, commercial assets and plots.
July 10, 2026 | Riya Malhotra | UAE | Real Estate
Dubai’s real estate market recorded its highest-ever monthly rental activity in June 2026, as both leasing and sales activity pointed to continued confidence across the emirate’s property sector.
According to a market analysis by fäm Properties, based on open data from DXBinteract, 40,022 rental contracts were registered in June, marking the highest monthly total on record.
New rental contracts rose 48.6 percent year-on-year to 19,245, while renewed contracts increased 28.5 percent to 20,777. The data reflects sustained demand from new tenants entering the market, as well as existing residents choosing to remain in Dubai.
Sales activity also strengthened during the month. Dubai recorded 13,933 property sales transactions in June, valued at AED33.2 billion. This represented a 35.5 percent month-on-month increase in transaction volume and a 14.9 percent rise in value.
The June performance brought total second-quarter sales to 38,157 transactions worth AED110.2 billion. For the first half of 2026, Dubai recorded 86,077 sales transactions with a combined value of AED286.2 billion, according to the analysis.
Firas Al Msaddi, CEO of fäm Properties, said the figures reflect rising confidence among both buyers and tenants.
“Buyers and tenants are showing a growing amount of confidence, and this is reflected in both rentals and sales, and across each of the property sectors,” he said.
June recorded month-on-month growth across every major property segment. Villa sales rose 46.5 percent to 1,474 transactions worth AED7.5 billion, while apartment sales increased 32.3 percent to 11,605 transactions valued at AED17.8 billion.
Commercial property, including offices and shops, also saw stronger activity, with sales volumes climbing 42.7 percent month-on-month to 478 deals worth AED2.3 billion. Plot sales recorded the sharpest monthly growth, rising 68.3 percent in volume to 276 transactions valued at AED5.4 billion.
Primary market sales continued to dominate the market in June, with 10,398 transactions worth AED21.6 billion. The resale market recorded 3,535 transactions valued at AED11.6 billion.
Dubai South remained the emirate’s top-performing area for the fourth consecutive month, recording 2,869 transactions worth AED3.3 billion. This represented a 111 percent increase in volume and a 106 percent rise in value compared with the previous month.
Al Msaddi said Dubai South’s consistent performance is helping shift buyer perception of the area.
“The consistent performance of Dubai South is what moves a location from emerging to established in buyers' minds, and this is also a good sign for the market's long-term direction,” he said.
Jebel Ali First followed with 1,153 transactions worth AED1.4 billion, while Al Barsha South Fourth recorded 764 transactions valued at AED1 billion. Wadi Al Safa 5 and Al Thanya Fifth also ranked among the top five performing areas in June.
High-value transactions remained active during the month. The most expensive apartment sold in June was recorded at Bugatti Residences by Binghatti in Business Bay for AED200 million, while the highest-priced villa sold for AED89 million at Eden Hills.
Properties priced below AED1 million accounted for 42.2 percent of sales in June, while units between AED1 million and AED2 million represented 30.2 percent. Properties above AED5 million accounted for 6.8 percent of total sales.
The data points to a market that continues to draw demand across price points, asset classes and locations. With record rental activity, rising sales volumes and sustained primary market demand, Dubai’s real estate sector closed June with broad-based momentum heading into the second half of 2026.
Source: Official Press Communications
