Dubai adds 24,800 residential units as apartment supply dominates market

Dubai’s residential property market saw the addition of 24,800 new units during the first half of 2026, according to the latest research data from real estate consultancy JLL. The influx of new inventory across various districts provides increased options for homebuyers as the city maintains a high volume of transactions and project launches. Apartment supply dominates new handovers The majority of the new supply consists of apartments, which accounted for approximately 22,000 of the total units delivered between January and June. The remaining 2,800 units were categorized as villas or townhouses. This brings Dubai’s total residential stock to approximately 736,000 units by Thursday, 30 July 2026. This surge in supply follows a period of record-breaking sales activity, with developers accelerating construction timelines to meet demand from both domestic residents and international investors. The data release on Thursday, 30 July 2026, confirms that developers remain aggressive in their project timelines. An additional 35,000 units are currently scheduled for completion by the end of December 2026, although actual handovers may vary based on construction progress and final inspections. Price trends and market outlook Despite the high volume of new handovers, capital values have continued to climb, albeit at a more moderate pace than in previous years. Sale prices for apartments rose by 20% year-on-year, while villa prices increased by 22% over the same period. Rental rates…