AED 853m in property sales registered across Dubai as off-plan takes 70% share

DUBAI — AED 853m in total property sales was registered across Dubai on Monday, 19 October 2026, as buyers completed 424 transactions at a median price of AED 1.26m.

Market data indicates a median price per square foot of AED 1,643 across all residential properties sold during the session, reflecting steady demand across off-plan launches and established developments.

Where the money went

Dubai Academic & Outsource City emerged as the top community by sales value, registering AED 101m across 23 sales at a median price of AED 1,542 per square foot.

Dubai Islands captured the second spot with AED 43.0m recorded over 13 deals, maintaining a higher median price point of AED 2,726 per square foot. Jumeirah Village Circle led in transactional volume with 37 separate registrations yielding AED 40.6m at a median price of AED 1,597 per square foot.

Dubai Creek Harbour posted AED 38.1m across 14 transactions, while Tilal Al Ghaf recorded AED 28.0m from a single primary transaction. Azizi Venice registered 32 sales totalling AED 26.1m, followed by Damac Lagoons with AED 26.0m across eight deals, and Palm Jumeirah with AED 25.7m over four sales.

Off-plan keeps its grip

Off-plan developments continued to control the majority of registration activity, comprising 70.5% of all property sales. Buyers finalized 299 off-plan sales during the day, which included 31 off-plan secondary resales, while completed ready properties logged 125 sales.

Danube Properties led developer volume in the off-plan segment, generating AED 138m across 48 sales. Binghatti Holding Limited logged the highest transaction count with 54 sales generating AED 61.8m. Emaar Properties PJSC registered AED 53.5m over 20 sales, Ellington Properties Development L.L.C posted AED 35.9m across 12 deals, and Damac Properties completed AED 34.0m across 14 transactions.

Apartments and villas were concentrated primarily in smaller layouts. One-bedroom apartments accounted for the largest share of registrations with 133 sales, closely followed by studios at 123 sales. Two-bedroom units recorded 82 sales, three-bedroom homes logged 45 sales, four-bedroom properties generated 27 sales, and five-bedroom residences saw eight transactions.

Deals of the day

The largest transaction of the day was recorded at Elysian Mansions in Tilal Al Ghaf, where a six-bedroom off-plan villa sold for AED 28.0m on the secondary market. In the ready market, a six-bedroom villa at Mirador in Arabian Ranches transacted for AED 13.0m.

Other notable off-plan primary sales included a four-bedroom residence at The Greens at Sobha Sanctuary for AED 9.46m and a four-bedroom unit at Selora Residences in District Eleven for AED 9.41m. Additionally, a two-bedroom ready unit at Serenia Living - Tower 1 on Palm Jumeirah sold for AED 8.70m.

In the leasing market, 2,843 tenancy contracts were registered, comprising 1,250 new leases and 1,593 renewals. The median annual rent across all registered contracts stood at AED 67k.

What to watch

The high proportion of off-plan registrations, accounting for over seven out of every ten transactions, highlights sustained appetite for early-stage developments relative to ready inventory. Observers will be watching whether developer concentration remains focused on mid-market hubs like Jumeirah Village Circle and Azizi Venice, or shifts back toward prime waterfront locations as new project phases enter registration pipelines.