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Dubai recorded 38,197 rental contracts in July 2026, taking the year-to-date total for the first seven months to 214,445, according to fäm Properties. The figure is 1.9% higher than the corresponding period last year, when the emirate registered a record 377,660 rental contracts for the full year. One-bedroom units accounted for 41% of contracts recorded so far in 2026. Meanwhile, Dubai recorded 13,872 property sales transactions worth AED 34.5 billion in July, with off-plan transactions accounting for 9,585 deals valued at AED 20.5 billion. Dubai South remained the leading area by sales volume for the fifth consecutive month, recording 2,351 transactions worth AED 2.6 billion. Apartment sales led July activity, while the highest-value apartment and villa transactions were AED 166 million and AED 73 million, respectively.
Dubai’s residential rental market remains on course for a record year, with 214,445 rental contracts registered during the first seven months of 2026, according to a market analysis by fäm Properties.
A total of 38,197 rental contracts were recorded in July, comprising 18,431 new agreements and 19,766 renewals. The year-to-date figure represents a 1.9% increase over the corresponding period of 2025. Last year ended with a record 377,660 registered rental contracts.
Apartments continued to account for the majority of rental agreements. One-bedroom units represented 88,327 contracts, or 41% of all agreements registered so far this year. Two-bedroom properties accounted for 49,894 contracts, or 23%, while studios represented 48,186, or 22%. Three-bedroom units accounted for 21,038 contracts, followed by four-bedroom properties with 6,962 contracts.
Al Warsan First recorded the highest number of rental contracts so far in 2026, with 20,830 agreements. Jebel Ali First followed with 18,478, while Al Barsha South Fourth recorded 16,489. Business Bay registered 13,728 contracts and Nadd Hessa recorded 11,710.
Other areas among the top 10 were Marsa Dubai with 11,229 contracts, Al Thanyah Fifth with 8,976, Wadi Al Safa 5 with 7,269, Al Barsha South 3 with 7,186 and Dubai Investment Park First with 7,006.
Firas Al Msaddi, CEO of fäm Properties, said the continued rental activity indicated resilience in the market. He also pointed to the volume of renewals, saying it showed that residents continued to regard Dubai as a preferred location for living and working despite regional uncertainty in recent months.
The sales market also remained active in July, with 13,872 transactions worth AED 34.5 billion. Off-plan transactions accounted for 9,585 deals valued at AED 20.5 billion, compared with 4,287 resale transactions worth AED 14 billion.
Dubai South remained the leading area by sales volume for the fifth consecutive month, recording 2,351 transactions worth AED 2.6 billion. Of these, 2,231 were off-plan transactions valued at AED 2.3 billion.
Al Barsha South Fourth ranked second with 952 off-plan and 535 resale transactions, with respective values of AED 1.3 billion and AED 603.5 million. Jebel Ali recorded 861 off-plan transactions worth AED 1.1 billion and 868 resale deals valued at AED 920.3 million.
Wadi Al Safa 4 recorded 696 off-plan transactions worth AED 2.9 billion and 677 resale transactions valued at AED 2 billion. Jebel Ali First recorded 640 off-plan deals worth AED 1.4 billion and 473 resale transactions valued at AED 1 billion.
By property type, July saw 11,759 apartment sales worth AED 17.8 billion and 1,322 villa sales valued at AED 7.8 billion. Plot transactions totalled 268, with a combined value of AED 6.9 billion, while 515 commercial transactions, including offices and shops, were valued at AED 1.9 billion.
The most expensive apartment sold during the month was priced at AED 166 million at Aman Residences Tower 2 in Jumeirah Second. The highest-value villa transaction was AED 73 million at The Oasis – Lavita.
Properties valued above AED 5 million accounted for 7% of sales transactions in July. Properties priced between AED 3 million and AED 5 million represented 8.2%, while those between AED 2 million and AED 3 million accounted for 11.4%. Properties in the AED 1 million to AED 2 million bracket made up 30.3%, while 43.4% of transactions involved properties priced below AED 1 million.
The rental and sales figures indicate continued activity across Dubai’s residential market during the first seven months of 2026, with rental renewals, apartment demand and off-plan sales contributing significantly to overall transaction volumes.
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