Dubai real estate transactions surged 20% month-on-month to AED 68.6 billion in April 2026, signalling renewed market confidence after a brief correction and highlighting continued strength in the off-plan sector.
DUBAI: Dubai real estate transactions recorded a strong recovery in April 2026, with total registered transaction value climbing 20 per cent month-on-month to AED 68.6 billion, according to a new market analysis released by Elite Merit Real Estate.
The report highlights a significant rebound following a temporary slowdown in late February that was linked to regional geopolitical uncertainty. Analysts believe the correction was largely driven by market sentiment rather than any underlying structural weakness, allowing the sector to regain momentum quickly.
A total of 18,847 transactions were registered during April. Mortgage activity increased by 33.5 per cent to AED 14.52 billion, while cash sales rose 13.5 per cent to AED 48.34 billion. Off-plan developments remained the leading force in market activity, accounting for more than 70 per cent of adjusted market share. Off-plan apartment sales reached a monthly high for 2026 at AED 19.7 billion.
According to Elite Merit Real Estate, Dubai real estate transactions continue to benefit from sustained investor confidence, particularly in projects backed by established developers and located within rapidly expanding communities.
The luxury segment also achieved a notable milestone. Properties valued above AED 10 million recorded an all-time high of 995 transactions, representing 5.9 per cent of the overall market. Investor interest was supported by landmark developments including Palm Jebel Ali and Aman Residences.
Meanwhile, Dubai’s rental market showed signs of moderation. The citywide rental index declined by 1.26 per cent month-on-month, resulting in average gross rental yields easing to 6.62 per cent.
The report noted that resale market activity remained comparatively weak, with secondary transaction volumes down 43 per cent year-on-year. As Dubai real estate transactions become increasingly selective, experts believe factors such as infrastructure quality, developer credibility and long-term community growth will play a greater role in shaping future investment decisions.
