MENAT Real Estate Trends (June): Dubai and Abu Dhabi: Cooling prices, weaker rents

Research evidence excerpt

MENAT Real Estate Trends (June): Dubai and Abu Dhabi: Cooling prices, weaker rents

ned by 4.6% in total (apartments -4.8%, villas -3.4%). 125% y-o-y, reaching AED96.7bn.

Dubai residential sales slow in Q2 26, H1 decline moderates. REIDIN Saudi real estate prices rise as commercial sector weighs. Saudi

data indicates that the value of residential sales transactions fell 39% y-o-y Arabia’s Real Estate Price Index rose 1.3% y-o-y in Q2 2026 (GASTAT),

in Q2 26 to AED107bn, down from AED177bn in Q2 25. Over the same

as residential (+2.6%) and agricultural (+11.3%) gains offset a

period, transaction volumes declined by 27%. However, with transaction

commercial decline (-3.2%). Residential strength was led by land (+6.3%

value and volume rising by 18% and 6% respectively in Q1 26, the overall

y-o-y), while apartments (+1.1%) and [office] floors (+0.4%) edged up

H1 26 decline moderated to 14% in value terms and 12% in volume terms.

and villas fell (-9.7%). On a q-o-q basis, the index increased 3.0%, driven

Q1 strength offsets Q2 softness in Abu Dhabi prices; rents fall by residential (+3.7%). Regionally, Al-Jawf (+10.4%), Northern Borders

sharply. Abu Dhabi saw a modest price correction in Q2 26, with sales (+4.6%) and Riyadh (+4.2%) led gains, while Hail (-10.1%), Qassim

prices down 1.4%, driven evenly by both apartments and villas. However, (-5.4%) and Madinah (-4.5%) saw the steepest declines.

the 4.2% increase in Q1 26 lifted overall H1 26 sales prices by 2.8%

See UAE Real Estate – A market reset, but not all bad news, 20 Jul 26(apartments +3.7%, villas -2.1%).

Disclosures & Disclaimer: This report must be read with the disclosures and the analyst

certifications in the Disclosure appendix, and with the Disclaimer, which forms part of it.