Dubai’s real estate market recorded AED 46.2 billion in transactions during August 2026, according to data from the Dubai Land Department. Across sales, mortgages and property gifts transfers, 15,611 transactions were completed during the month, with property sales accounting for AED 27.89 billion. High-value deals across Palm Jumeirah, Jumeirah and Business Bay also featured prominently, reflecting continued activity at the upper end of the market.
Original article: Dubai property market records $12.6bn of transactions in August as Palm Jumeirah home sells for $21.5m by Arabian Business.
Key Insights:
Property Sales Reach AED 27.89 Billion
Dubai recorded 11,601 property sales during August with a combined value of AED 27.89 billion.
The transactions included 10,124 units, 684 buildings and 793 land plots, demonstrating activity across multiple segments of the market. Sales represented the largest component of Dubai’s overall real estate transaction activity during the month, both by number and value.
Luxury Transactions Continue Across Prime Locations
Several high-value transactions were recorded during August, led by an AED 79 million sale at Orla Infinity by Omniyat on Palm Jumeirah.
Other major deals included an AED 65 million property at Jumeirah Residences Asora Bay and an AED 63 million sale at Bugatti Residences in Business Bay.
High-value activity also extended beyond residential property. An office at Lumena by Omniyat in Business Bay sold for more than AED 57 million, while another office transaction at Lumena Alta reached AED 48.75 million.
The range of transactions across Palm Jumeirah, Jumeirah and Business Bay highlights continued activity across Dubai’s prime residential and commercial segments.
Mortgages Add AED 14.36 Billion in Activity
Mortgage transactions contributed a further AED 14.36 billion to Dubai’s August real estate activity, across 3,390 transactions.
Dubai also recorded 620 property gift transactions valued at AED 3.97 billion. Together, sales, mortgages and gifts brought total real estate transaction activity for August to AED 46.22 billion across 15,611 transactions.
What August Activity Shows About Dubai Real Estate
August’s figures demonstrate continued transaction activity across Dubai’s property market, from residential units and land to commercial property and prime real estate.
Sales remained the largest contributor, with more than 11,600 transactions completed during the month, while substantial mortgage activity indicates continued use of financing alongside cash purchases.
At the upper end of the market, multiple transactions exceeding AED 40 million across established and emerging prime developments show continued activity within Dubai’s luxury segment.
With AED 46.22 billion recorded across sales, mortgages and gifts during August, the latest Dubai Land Department data provides another indication of the scale and breadth of activity taking place across the emirate’s real estate market.
