Dubai Real Estate Market Review: January 2026

January 2026 closed with a total traded value of AED104.09B across 21,707 transactions, nearly double January 2025’s AED54.08B (+92.5% YoY). The month’s headline feature was Land, which accounted for the majority of value, while Off-Plan remained the strongest built-property engine by traded value.
Category Off-Plan (AED Billion) Ready (AED Billion)
Flat 19.87 9.89
Villa 6.55 3.33
Hotel Apt. & Rooms 0.17 0.97
Commercial 2.75 1.84
Total 29.35 16.04

Market Composition

Segment Value Share of January Total
Off-Plan AED29.35B 28.2%
Ready AED16.04B 15.4%
Land AED58.70B 56.4%
Total AED104.09B 100%

Off-Plan Market Performance

Total Off-Plan Value: AED29.35B (28.2% of the month)
Off-plan was led overwhelmingly by Flats, which made up over two-thirds of off-plan value.
Category Value Share of Off-Plan
Flats AED19.87B 67.7%
Villas AED6.55B 22.3%
Commercial AED2.75B 9.4%
Hotel Apt. & Rooms AED0.17B 0.6%
January’s off-plan market was essentially a flat-driven, with villas a solid secondary pillar and commercial meaningful but clearly third. The highest ticket value for flats was Island 2 – AED80.0M, and for villas was The World – AED71.44M.

Top Performing Areas

Area Transactions
Damac Islands 1,081
Madinat Al Mataar 672
Dubai Islands 648
Dubai Land Residence Complex 638
Jumeirah Village Circle 628

Area Value Traded (AED Billion)
Damac Islands 3.61
Business Bay 2.96
Dubai Islands 2.03
Dubai Creek Harbour 1.36
Madinat Al Mataar 1.32

Ready Market Performance

Total Ready Value: AED16.04B (15.4% of the month)
Ready also skewed toward flats, but with a noticeably higher share for Hotel Apt. & Rooms versus off-plan.
Category Value Share of Ready
Flats AED9.89B 61.7%
Villas AED3.33B 20.8%
Commercial AED1.84B 11.5%
Hotel Apt. & Rooms AED0.97B 6.0%
Ready demand remained broad-based, with flats leading, and hotel/room product showing a more material footprint than in off-plan. The highest ticket value for flats was Jumeirah Bay – AED71.90M, and for villas was Palm Jumeirah  AED220.0M.

Top Performing Areas

Area Transactions
Jumeirah Village Circle 821
Business Bay 670
Arjan 597
Dubai Marina 503
Burj Khalifa 362

Area Value Traded (AED Billion)
Business Bay 1.69
Burj Khalifa 1.44
Dubai Marina 1.00
Palm Jumeirah 0.97
Jumeirah Village Circle 0.92

On The Micro Level

Market Insights & Outlook

January 2026 printed an exceptional headline (AED104.09B, +92.5% YoY) primarily because Land dominated the value stack (56.4%), amplified by at least one ultra-ticket transaction. Underneath that, the built market stayed structurally consistent: flats led both off-plan and ready, with off-plan showing stronger recently launched concentration (top projects = ~19.4% of off-plan value) and ready reflecting broader distribution (top projects = ~9.7% of ready value). If land intensity normalizes in the following months, the key question becomes whether off-plan launch velocity (e.g., Damac Islands scale) can sustain overall market value at elevated levels without relying on land’s outsized contribution.

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