Dubai Property Sales Rise as Rental Activity Hits Record High
Real Estate

Dubai Property Sales Rise as Rental Activity Hits Record High

Dubai's real estate market recorded its highest-ever monthly rental activity in June, while property sales rose sharply in both value and volume, reflecting sustained demand across the emirate's residential and commercial sectors.

According to a market analysis by fäm Properties based on DXBinteract data, 40,022 rental contracts were registered during the month, the highest monthly total on record. New rental contracts increased 48.6 per cent year on year to 19,245, while renewals rose 28.5 per cent to 20,777.

Property sales reached 13,933 transactions worth AED33.2 billion in June, representing a 35.5 per cent month-on-month increase in volume and a 14.9 per cent rise in value. This took total second-quarter sales to 38,157 transactions valued at AED110.2 billion, while first-half sales reached 86,077 deals worth AED286.2 billion.

Apartment sales increased 32.3 per cent month on month to 11,605 transactions worth AED17.8 billion, while villa sales rose 46.5 per cent to 1,474 transactions valued at AED7.5 billion. Commercial property sales climbed 42.7 per cent to 478 deals, and plot sales surged 68.3 per cent to 276 transactions.

Dubai South remained the emirate's top-performing real estate market for the fourth consecutive month, recording 2,869 transactions worth AED3.3 billion, driven largely by strong off-plan sales. Primary market transactions continued to dominate, accounting for 10,398 sales worth AED21.6 billion during June.

Dubai's real estate market recorded its highest-ever monthly rental activity in June, while property sales rose sharply in both value and volume, reflecting sustained demand across the emirate's residential and commercial sectors.According to a market analysis by fäm Properties based on DXBinteract data, 40,022 rental contracts were registered during the month, the highest monthly total on record. New rental contracts increased 48.6 per cent year on year to 19,245, while renewals rose 28.5 per cent to 20,777.Property sales reached 13,933 transactions worth AED33.2 billion in June, representing a 35.5 per cent month-on-month increase in volume and a 14.9 per cent rise in value. This took total second-quarter sales to 38,157 transactions valued at AED110.2 billion, while first-half sales reached 86,077 deals worth AED286.2 billion.Apartment sales increased 32.3 per cent month on month to 11,605 transactions worth AED17.8 billion, while villa sales rose 46.5 per cent to 1,474 transactions valued at AED7.5 billion. Commercial property sales climbed 42.7 per cent to 478 deals, and plot sales surged 68.3 per cent to 276 transactions.Dubai South remained the emirate's top-performing real estate market for the fourth consecutive month, recording 2,869 transactions worth AED3.3 billion, driven largely by strong off-plan sales. Primary market transactions continued to dominate, accounting for 10,398 sales worth AED21.6 billion during June.

Related Stories

Gold Stories

Next Story
Real Estate

A Concrete Statement in Jubilee Hills

The Jubilee Hills residence is an exploration of structure as architecture, where mathematical precision, exposed concrete, and engineering discipline come together to create a bold and enduring built form.Constructed with Blushfarbe, HAACE’s bespoke concrete finish, the project demanded exceptional control, as every visible structural element was also required to perform as the final architectural surface. Deep reinforced concrete roof frames extend into the vertical façade, while precision-cast fluted surfaces, rhythmic vertical fins, circular columns, and a cantilevered staircase create ..

Next Story
Infrastructure Energy

Hindustan Zinc raises renewable power share to 22 per cent

Hindustan Zinc has increased the share of renewable energy in its overall power consumption to 22 per cent, up from around 18 per cent in FY26, as it advances towards sourcing 70 per cent of its power requirements from renewable sources by FY28.During FY26, the company generated 892 million units of green power, up from 632 million units in FY25. It has also expanded its round-the-clock renewable power arrangement with Serentica Renewables from 450 MW to 530 MW to support the transition.Hindustan Zinc is strengthening its renewable energy portfolio through solar, wind and energy storage soluti..

Next Story
Resources

Crompton unveils new brand identity and super-premium platform

Crompton Greaves Consumer Electricals Ltd. has unveiled a new master brand identity as part of its Crompton 2.0 transformation, alongside the launch of its super-premium brand Crompton Rhion and the strengthening of its Energion platform.The refreshed identity introduces Cephyr, a new emblem inspired by sapphire and Zephyrus, the Greek wind, representing Crompton’s evolution towards a design-led, consumer-centric brand. The new brand promise, ‘Amazing, Every Day’, is supported by a new sonic identity that will be rolled out across advertising, digital platforms, products and retail envir..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement