Are Dubai property prices falling in 2026?
Not at the moment. Sale prices are 3.6% below their peak of April 2026, but they have been broadly flat over the last three months (+0.9%). On 4 October 2026 a constant basket of Dubai homes sold for AED 1,708 per square foot: +0.3% in a month, +1.5% in twelve months, -3.6% from the peak of AED 1,771 on 12 April 2026. Source: Ux Dubai Real Estate Index, built from every sale registered with the Dubai Land Department.
Answer rewritten every night from the Dubai Land Department registry. Latest data: 4 October 2026. More questions.
Is the Dubai property market crashing?
On the registry figures, sale prices are 3.6% below their peak. The deepest fall from a peak since 2021 was 5.6%, from 12 April 2026 to 8 August 2026. Today a constant basket of Dubai homes sells for AED 1,708 per square foot.
Which homes are falling and which are rising?
Change in sale price over twelve months by segment: ready homes (resale) +0.4%; off-plan sales +1.3%; apartments +1.4%; townhouses and small villas +1.5%; villas +15.9% (latest point 9 March 2026).
| Series | AED/sq ft | 1 month | 12 months | From peak |
|---|---|---|---|---|
| All residential sales | AED 1,708 | +0.3% | +1.5% | -3.6% |
| Ready homes (resale) | AED 1,376 | -1.8% | +0.4% | -6.4% |
| Off-plan sales | AED 1,780 | +0.4% | +1.3% | -3.8% |
| Apartments | AED 1,714 | +0.8% | +1.4% | -3.4% |
| Townhouses and small villas | AED 1,722 | +0.6% | +1.5% | -6.5% |
| Villas | AED 1,192 | -1.6% | +15.9% | -2.7% |
Where are prices falling in Dubai?
Over twelve months, the biggest falls in sale price per square foot were in Business Bay, -9.4%; Dubai Sports City, -7.1%; Motor City, -6.6%. The biggest rises were in Al Furjan & Jebel Ali, +28.0%; International City, +9.0%; Al Jaddaf, +6.0%.
Where does this figure come from?
Every registered sale is compared only with similar homes (same registry area, type, ready or off-plan, size band) and the results are weighted with fixed weights, so a month with more villa sales does not read as a price rise. The figure is what a constant basket of homes costs, not the average of whatever happened to sell.
Full sale price series · Methodology
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