Dubai Property Prices Hold Near AED 1,688/sqft Amid Steady Sales

Price Levels Stay Range-Bound

The latest Dubai Land Department data puts the citywide median sale price at AED 1,688 per square foot as of November 3. That figure marks a 1.6% decline from a year earlier, suggesting prices have eased modestly rather than shifted sharply in either direction.

Transaction Activity Remains Healthy

Despite the softer pricing trend, buyer and investor engagement has not slowed meaningfully. DLD recorded 31,082 sales transactions over the past 90 days, a volume that points to continued liquidity in the secondary and off-plan segments alike.

• Median price: AED 1,688 per square foot
• 90-day recorded sales: 31,082 transactions
• Year-on-year price change: -1.6%

Reading the Numbers Together

Taken together, the data paints a picture of a market finding equilibrium after a period of rapid appreciation. A mild annual price pullback alongside robust transaction counts typically signals healthy absorption rather than demand erosion, with buyers transacting at levels the market is willing to support.

For agents and investors, the current environment favours disciplined pricing strategies over aggressive markups, particularly in segments where supply has expanded in recent quarters.

What to Watch

Attention in the coming weeks will likely turn to whether transaction volumes sustain their current pace into year-end, and whether the modest price softening stabilises or extends into early 2027.