Dubai Market Steady at AED 1,694/sqft as New Launches Expand

Market Snapshot

Dubai Land Department figures released on 17 September 2026 show a median price of AED 1,694 per square foot, with 34,494 sales transactions recorded over the past 90 days. On an annual basis, prices moved just -0.5%, pointing to a market that continues to consolidate rather than swing sharply in either direction. The steady transaction volume suggests buyer activity remains healthy even as pricing stabilises.

New Launches and Presales

Developer activity remains brisk despite the flat pricing backdrop. Al Ghurair opened presale registration for Tessera in Dubai South, offering two-bedroom units from AED 2 million on a 35/65 payment structure, with handover targeted for Q2 2028. In Jumeirah Village Circle, Object One introduced Sky Level 1, a one-bedroom-led project starting at AED 968,470 and slated for completion in Q2 2029. Reef Luxury Developments also launched presales for Reef 995 in Dubai Land Residence Complex, spanning studios through three-bedroom layouts. Beyond the emirate, Aldar unveiled Sei Saadiyat on Abu Dhabi's Saadiyat Island, priced from AED 2.95 million with a 50/50 plan, underlining continued investor appetite across the wider UAE.

Industry Events

Brokers have several sessions to note this week. Prestige One is running a Broker Academy Training at its Marina Plaza gallery today, aimed at sharpening agent skills and product knowledge. Azizi follows on 23 September with a sales event at the Conrad Hotel Ballroom, running from morning through evening and offering a wider look at its current inventory.

With transaction volumes holding firm and a steady stream of off-plan stock entering the market, the coming weeks should offer a clearer read on how demand absorbs this expanded supply.