Dubai completed 104 real estate projects in the first half of 2026, up 38.7% from 75 projects during the same period last year, according to Dubai Land Department data.
The completed projects had a combined investment value of more than Dhs111 billion, compared with Dhs73 billion in H1 2025, marking a 52% increase.
Dubai also recorded growth in new residential supply, with 24,537 new real estate units completed in the first half of 2026. This was 36% higher than the 18,043 units delivered during the corresponding period in 2025.
The total built-up area of completed projects ready for handover reached 1.95 million square metres, up 23.4% from 1.58 million square metres a year earlier.
The value of land allocated to completed projects increased by more than 135% to Dhs19.46 billion, compared with Dhs8.27 billion in H1 2025.
The total land area allocated to completed projects also more than doubled to about one million square metres, from 484,000 square metres during the first half of last year.
Hamdan highlights growth
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, and Chairman of The Executive Council of Dubai, said the performance reflects Dubai’s economic vision and its efforts to strengthen the emirate’s position as a global investment destination.
Sheikh Hamdan said: “The significant increase in the volume of real estate transactions, the number of projects and the value of investment inflows into these projects represents a renewed vote of confidence from the global business community and investors in the strength of Dubai’s economic environment. Guided by its leadership’s vision, the emirate has successfully established a comprehensive economic model founded on a flexible legislative framework, world-class infrastructure, high levels of transparency and a strong strategic partnership with the private sector.
This further strengthens Dubai’s ability to attract global capital and provide a secure investment environment that delivers strong growth and returns.”
Sheikh Hamdan added: “Dubai continues to create new opportunities for growth and sustainable expansion through continued comprehensive urban development that keeps pace with population and economic growth and future requirements, in line with the highest standards of quality of life.”
The first-half figures support Dubai’s wider economic diversification strategy and the objectives of the Dubai Economic Agenda D33, which aims to double the size of the emirate’s economy by 2033 and strengthen its position among the world’s top three cities.
tanvir@dubainewsweek.com
