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Dubai's real estate market recorded its highest-ever monthly rental activity in June, with 40,022 tenancy contracts registered, according to market data released by fäm Properties using DXBinteract records. The month also witnessed 13,933 property sales worth AED33.2 billion, representing month-on-month increases in both transaction volume and value. During the second quarter, Dubai registered 38,157 property transactions valued at AED110.2 billion, taking first-half sales to 86,077 deals worth AED286.2 billion. Apartments, villas, commercial assets and land all reported stronger sales activity, while Dubai South retained its position as the emirate's most active property market for the fourth consecutive month.
Dubai's real estate market recorded its highest monthly rental activity on record in June, alongside stronger property sales across all major asset classes, reflecting continued demand from both tenants and buyers, according to a market analysis by fäm Properties based on open data from DXBinteract.
A total of 40,022 rental contracts were registered during the month, marking the highest monthly figure recorded in Dubai. The number of new tenancy agreements increased by 48.6% year-on-year to 19,245, while renewed contracts rose 28.5% to 20,777, indicating sustained demand from both new residents entering the market and existing tenants extending their leases.
The sales market also recorded higher activity during June, with 13,933 property transactions valued at AED33.2 billion. Transaction volumes increased by 35.5% compared with the previous month, while the overall value of sales rose 14.9% over the same period.
These figures brought total second-quarter sales to 38,157 transactions worth AED110.2 billion. During the first six months of 2026, Dubai registered 86,077 property transactions with a combined value of AED286.2 billion.
According to Firas Al Msaddi, Chief Executive Officer of fäm Properties, the continued growth in both sales and rental activity reflected increasing confidence among buyers and tenants across all property segments. He also noted that the sustained performance of Dubai South has reinforced its position as an established residential and investment destination, supporting the market's longer-term growth trajectory.
All major property segments recorded month-on-month growth in June. Villa sales increased by 46.5% to 1,474 transactions valued at AED7.5 billion, while apartment sales rose 32.3% to 11,605 transactions worth AED17.8 billion. Commercial properties, including offices and retail units, recorded 478 sales transactions valued at AED2.3 billion, representing a 42.7% increase in volume. Plot transactions rose by 68.3% to 276 deals with a combined value of AED5.4 billion.
The primary market continued to account for the majority of transactions, with 10,398 sales worth AED21.6 billion, compared with 3,535 resale transactions valued at AED11.6 billion.
Dubai South remained the emirate's most active real estate market for the fourth consecutive month, recording 2,869 transactions worth AED3.3 billion. Transaction volumes increased by 111% month-on-month, while sales value rose 106%. The locality has now ranked among Dubai's five most active property markets for eight consecutive months, with off-plan residential projects continuing to drive activity.
Among individual transactions, the highest-priced apartment sold during June was valued at AED200 million at Bugatti Residences by Binghatti in Business Bay, while the most expensive villa changed hands for AED89 million at Eden Hills.
In terms of transaction value, properties priced below AED1 million accounted for 42.2% of total sales. Homes valued between AED1 million and AED2 million represented 30.2% of transactions, while properties priced between AED2 million and AED3 million accounted for 12.3%. Assets valued between AED3 million and AED5 million contributed 8.3% of sales, with properties exceeding AED5 million making up the remaining 6.8%.
Dubai South led all locations in transaction activity during June with 2,869 deals worth AED3.3 billion, followed by Jebel Ali First with 1,153 transactions valued at AED1.4 billion, Al Barsha South Fourth with 764 deals worth AED1.0 billion, Wadi Al Safa 5 with 526 transactions valued at AED815.3 million, and Al Thanya Fifth with 497 deals worth AED1.4 billion.
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