Dubai off-plan apartment sales reach USD 3 billion in May
Dubai's off-plan residential apartment market recorded 6,763 sales transactions worth a total of USD 3 billion (AED 11.2 billion) in May 2026, according to an analysis by property data platform Al Masdar Al Aqaari, based on transactions registered with the Dubai Land Department.
Top-performing areas
Madinat Al Mataar, adjacent to Al Maktoum International Airport, recorded the highest number of off-plan apartment sales in Dubai during May, with 1,167 transactions worth a combined USD 307.7 million (AED 1.13 billion).
Majan ranked second, recording 782 transactions valued at USD 163.3 million (AED 599.7 million), followed by Dubai Land Residence with 521 sales worth USD 132 million (AED 484.8 million).
Dubai Islands (formerly Palm Deira ) ranked fourth, recording 351 transactions valued at USD 354 million (AED 1.3 billion), while Dubai Investment Park came fifth with 347 sales worth USD 80.3 million (AED 294.9 million).
Highest-value transactions
The most expensive off-plan apartment sold in Dubai during May was a residence at Solaya, a Meraas development in La Mer, which changed hands for USD 30.7 million (AED 112.6 million). Another apartment in the same project ranked second, selling for USD 28.9 million (AED 106 million).
The third-highest transaction was an apartment at Casa AHS in the Dubai Water Canal area, which sold for USD 27.6 million (AED 101.2 million).
Apartment categories
One-bedroom apartments accounted for the largest share of Dubai's off-plan apartment sales during May 2026, with 2,659 transactions worth a combined USD 1.03 billion (AED 3.8 billion).
The largest concentration of one-bedroom sales was recorded in Madinat Al Mataar, where 413 apartments were sold for a total of USD 130.9 million (AED 480.8 million).
Meanwhile, the market recorded sales of 2,555 off-plan studio apartments worth USD 462.9 million (AED 1.7 billion) during the month. Madinat Al Mataar also led this segment, with 629 studio sales valued at USD 111.6 million (AED 409.9 million).
The market also recorded 1,239 sales of two-bedroom apartments worth a combined USD 844.2 million (AED 3.1 billion). Dubai Islands accounted for the largest share of transactions in this category, with 134 apartments sold in off-plan developments for a total value of USD 151.6 million (AED 556.6 million) during May.
Average off-plan apartment prices
According to Al Masdar Al Aqaari's analysis of Dubai Land Department sales data, the average selling price of an off-plan apartment in Dubai reached USD 452,000 (AED 1.66 million) in May 2026.
The average selling price of a one-bedroom apartment stood at approximately USD 387,000 (AED 1.42 million), while the average off-plan studio apartment sold for around USD 181,500 (AED 666,700).
The average selling price of a two-bedroom apartment reached USD 680,700 (AED 2.5 million).
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