More than 3,400 completed residential properties worth AED9bn ($2.45bn) changed hands in Dubai in July, an increase of almost 20% on June and the highest monthly level for ready homes since February. June saw around 2,870 ready homes worth AED7.5bn ($2.04bn). The figures come from the advisory and consultancy firm Cavendish Maxwell, reported by Arabian Business.
Those are month-on-month numbers, and the year-on-year picture in the same dataset runs the other way. Across January to July 2026 Dubai recorded 92,130 off-plan and ready transactions worth more than AED247.2bn ($67.31bn). Against the same period last year, total sales value was down 21% and the number of transactions was down 17%. Taking ready and off-plan together, July produced nearly 12,860 transactions worth AED26.1bn ($7.11bn).
Off-plan remains the centre of gravity: it has consistently accounted for around 74% of monthly residential transactions so far in 2026, with the completed-property segment providing the month-on-month lift in July.
Cavendish Maxwell’s own framing is closer to the annual figures than to the monthly jump. Ronan Arthur, director and head of residential valuation at the firm, said: “The market rebound that we saw in June has also been reflected in July’s figures, indicating a continuation of the more measured market conditions that have emerged this year. While residential sales activity improved modestly from June, supported by the ready market, overall transactions remained lower than a year earlier as the market continues to transition following an extended period of exceptional activity.”
For a buyer, the useful reading is that these are two different questions. Month-on-month tells you about momentum in the completed-property segment right now. Year-on-year tells you that 2026 is running well below 2025 on both value and volume, which is what “transition” is describing.
References
Arabian Business — Dubai ready home sales jump 20% to $2.45bn as property market rebounds
