Dubai’s real estate market recorded a strong recovery in April, with the total value of registered transactions rising 20 per cent month-on-month to AED68.6B (USD18.6B), highlighting renewed momentum across the sector.
The rebound marks the first significant improvement following a temporary slowdown earlier in the year, suggesting that recent market weakness was largely driven by sentiment rather than underlying structural concerns.
A total of 18,847 transactions were recorded during the month. Mortgage activity climbed 33.5 per cent to AED14.52B, while cash sales increased 13.5 per cent to AED48.34B, reflecting healthy participation from both financed and cash buyers.
Off-plan properties continued to dominate market activity, accounting for more than 70 per cent of adjusted market share. Sales of off-plan apartments reached their highest monthly value of 2026 at AED19.7B.
The luxury segment also delivered a standout performance, with 995 transactions involving properties valued above AED10M, setting a new record and representing 5.9 per cent of the market.
Meanwhile, Dubai’s rental market showed signs of adjustment, with the citywide rental index declining 1.26 per cent month-on-month. This resulted in average gross rental yields easing to 6.62 per cent.
The secondary market continued to face challenges, as resale transaction volumes dropped 43 per cent year-on-year, further emphasising the widening gap between off-plan demand and resale activity.
Performance varied across communities, with several mid-market locations recording solid gains, while some ultra-prime areas remained in a phase of price adjustment as buyers and sellers sought common ground on valuations.
