UAE
Dubai Property Market Update May 2026
What is happening in the Dubai property market in May 2026?
Dubai recorded AED 48 billion in property sales during April 2026, with off-plan transactions accounting for over 60% of total volume.
Why are investors choosing Dubai over other markets?
The UAE Central Bank held rates at 3.65%, providing mortgage stability. Dubai population crossed 4 million, underpinning long-term demand fundamentals.
- Palm Jebel Ali construction starts Q2 2026 with handover Q4 2028
- UAE ultra-wealthy population projected to grow from 4,851 to 6,588
- Dubai visa rule changes lowering entry barrier for new investors
- Nakheel awarded Dh3.5 billion in construction contracts
- Meraas adding 557 new villas responding to premium demand
KEY FACTS
- Palm Jebel Ali construction starts Q2 2026 with handover Q4 2028
- UAE ultra-wealthy population projected to grow from 4,851 to 6,588
- Dubai visa rule changes lowering entry barrier for new investors
- Nakheel awarded Dh3.5 billion in construction contracts
- Meraas adding 557 new villas responding to premium demand
SOURCES & FURTHER READING
