May 2026 Archives - Pangea Dubai

Business Bay – Commercial

The commercial market remained largely driven by offices, with off-plan accounting for the highest level of transaction activity.

May 2026 Dubai real estate data from Property Monitor, providing a clear snapshot of market performance and trends.

Dubai South continued to see strong buyer interest, with market activity heavily concentrated within off-plan apartments.

Market activity moderate further, with transaction volumes continuing to ease from the elevated levels recorded earlier in the year.

Jumeirah Village Circle saw market activity remain largely driven by the apartment sector during May.

Jumeirah Golf Estates recorded further price growth during May, continuing the positive momentum seen in recent months.

Business Bay saw transaction activity moderate during May, with both secondary and off-plan sales volumes continuing to ease.

DAMAC Lagoons continued to attract strong buyer interest, with market activity remaining heavily concentrated within off-plan.

Market activity remained around apartments during May, with completed properties accounting for the majority of transactions.

Al Barari continued to demonstrate resilience during May, with values remaining over 12% higher than a year ago.