Dubai Property Prices Rise 2.5% in November as Buyer Confidence Strengthens

Dubai’s real estate market continued its upward momentum in November, with residential prices rising 2.5% and off-plan sales leading activity. Strong buyer demand, steady leasing trends and high renewal rates signal a confident path toward a stable 2026, according to betterhomes.

Key Highlights:

Market Performance

• Average property prices increased 2.5% month-on-month to AED 1,950 per sq ft.
• Dubai recorded 17,812 sales transactions worth AED 46 billion in November.
• Only a slight seasonal slowdown, with activity remaining strong across the board.

Off-Plan Market

• Off-plan accounted for 12,429 transactions, taking 70% market share.
• The secondary market recorded 5,383 sales.
• Emaar led both off-plan and title-deed activity.

Buyer Demand & Top Communities

• Buyer demand rose 3% in November.
• Strong interest in apartment hubs including JVC, Business Bay, and JVT.
• Popular villa communities included Jumeirah Golf Estates, MBR City, and Dubai Land.

Leasing Market Stability

• Dubai recorded 45,771 rental transactions in November.
• Renewals accounted for 59% of all contracts as tenants remained in their homes.
• New rental agreements reached 18,873.
• Payment flexibility continued, with four-cheque leases at 34% and single-cheque leases at 27%.

Rental Trends

• Dubai Festival City villas recorded a 4.5% rent increase.
• Dubai Hills Estate villas saw a 2% uplift, driven by family preferences.
• High rental demand was noted in JVC, Business Bay, Dubai Silicon Oasis, and villa areas including Dubai Hills Estate, Damac Hills 2, and The Valley.

Outlook for 2026

• Betterhomes forecasts steady momentum supported by:
  • Strong population growth.
  • Healthy liquidity.
  • Active developer launches.
  • Vibrant demand across key residential districts.