Dubai Property Market Holds Steady as New Launch Pipeline Widens

Market Snapshot

Dubai Land Department figures show a median transacted price of AED 1,694 per square foot as of September 30, with 33,069 sales recorded over the trailing 90 days. The year-on-year change of -1.3% points to a market that is broadly stable rather than correcting sharply, suggesting buyers and sellers are finding equilibrium after several years of rapid appreciation. Sustained transaction volumes at this scale indicate healthy liquidity even as pricing growth cools.

New Project Announcements

Developers continue to expand Dubai's off-plan offering. Imtiaz is preparing to bring Kore to market, adding another residential option to the city's growing inventory. Beyond has confirmed plans for The Yards Plaza within City of Arabia, aiming to strengthen activity in one of Dubai's emerging districts. Meanwhile, Fakhruddin Properties has launched Treppan Vision, with studios priced from AED 875,000, one-bedroom units from AED 1.43 million and two-bedroom homes from AED 2.07 million, targeting a Q2 2029 handover.

Presales and Regional Activity

Nakheel has opened expression-of-interest registration for Bay Estate on Dubai Islands, requiring a AED 100,000 fee to secure early access ahead of full launch. YIGO Developments has similarly opened presale interest for YIGO Luxe, with studios from AED 798,000 and a AED 50,000 deposit, offering 50/50 and 60/40 payment structures ahead of a Q4 2029 completion. Beyond Dubai's borders, Tiger Properties is advancing Lily Tower in Ajman, with studios starting at AED 360,000 and completion targeted for Q4 2029, reflecting continued investor interest in more affordable neighbouring markets.

Industry and Broker Engagement

• Nshama is hosting an online broker tour of Town Square this week, highlighting a community it says remains under-explored by agents.
• Burtville Developments is running a brokers' briefing on Bab Al Qasr Beach Resort 77.
• Reportage Properties will unveil a new project at Meydan Horizon on October 2, alongside a dedicated sales event.
• Empire Developments has introduced a time-limited broker incentive offering 10% commission plus a AED 1,000,000 cash bonus.

With steady transaction activity and an active launch calendar, Dubai's property sector heads into October with measured momentum rather than dramatic swings.