Dubai Market Steady at AED 1,693/sqft as New Launches Multiply

Market Snapshot

Dubai Land Department figures as of September 18 show the median price holding at AED 1,693 per square foot, with 34,714 transactions recorded over the past 90 days. The year-on-year change of -0.9% points to a market that has largely levelled off after recent gains, with pricing now consolidating rather than swinging sharply in either direction. The steady transaction volume suggests buyer and investor activity remains healthy even as price growth pauses.

New Supply in the Pipeline

Several new residential launches were announced today, reinforcing the steady flow of supply into Dubai's market. Binghatti unveiled Starfall, a residential project in Al Jadaf targeted for completion in the third quarter of 2028, adding to the redevelopment momentum in that district. Meanwhile, Dubai South introduced Hayat 1, a townhouse launch starting at AED 4.8 million with a 70/30 post-handover payment plan and handover expected in the second quarter of 2029. Together, these projects illustrate continued developer confidence in both central and southern growth corridors of the city.

Regional Context

Beyond Dubai's borders, activity in the wider UAE market continues in parallel. Alef Group opened presale registrations for Seef Residences in Sharjah's Al Khan Plot, offering a 30/70 payment structure ahead of a Q3 2030 completion. In Abu Dhabi, Aldar revealed Yas Riva Reserve, a villa community spanning 50 hectares on Yas Island, while Reportage Properties hosted a broker tour for The WADI, a waterfront scheme along Yas Canal between Al Raha Beach and Yas Island. These developments highlight how neighbouring emirates are competing for a similar pool of regional investors, even as Dubai's transaction base remains considerably larger.

Industry Engagement

One Development has scheduled LIVEX 2026, an investment and project showcase running from September 29 to October 1, giving brokers and buyers a platform to assess new inventory across the region firsthand. Events of this kind typically precede a wave of fresh sales activity, and with Dubai's median pricing steady and sales volume robust, market participants will be watching closely whether the current stability extends into the final quarter of the year.