Dubai's May 2026 real estate data shows a market defined by stronger pricing in selected residential communities, softer transaction volumes across several segments, and continued rental resilience. Residential sales remained led by off-plan activity, with Oqood transactions representing 75.5% of residential sales volume, while title deed transactions accounted for 24.5%.

Rental activity remained broad-based, supported by sustained tenant demand across apartments and villa/townhouse communities. However, the month-on-month trends show a clear divergence between prime growth areas and communities facing price corrections.

Residential pricing was led by Majan (+6.43%) for apartments and Palm Jumeirah Fronds - Garden Homes (+6.72%) for villa/townhouse. The steepest corrections came from Jumeirah Bay Island (-8.87% apartments) and Nad Al Sheba (-14.61% villas).

Rental pricing saw Dubai Islands and Jumeirah Islands both leading their segments at +3.46%. Al Kifaf recorded the steepest apartment rental decline at -21.56%.

Commercial transaction activity softened, with sale and resale volumes declining by 46.0% and off-plan sales decreasing by 43.6%. Rental activity also moderated, with leasing volumes falling by 37.3%, although average rental values increased by 13.8%, while average sale and off-plan prices rose by 16.3% and 30.6%, respectively, during the period.