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Dubai asking prices hold steady in Q3 2026 as about 56,600 new homes near completion, says Bayut

Most affordable and mid-tier communities moved by less than 3% in the quarter. Al Barari villas and Palm Jumeirah apartments were among the few that rose more, and estimated yields reach 9.5% in Dubai Investments Park.

Published 2 min read
SOL Terra Gardens residential building and entrance in District 11, JVC
SOL Terra Gardens in Jumeirah Village Circle, one of the mid-tier communities in Bayut's report

Advertised home prices across most of Dubai barely moved in the third quarter of 2026, according to Bayut's latest market report. In affordable and mid-tier communities, asking prices per square foot changed by less than 3%, and most luxury segments stayed within 2%.

Dubizzle Group, which owns Bayut, presented the figures at a media briefing in Dubai on 28 October. They are based on listing prices and searches on the portal, not on completed sales.

01Asking prices in the communities buyers search most

CommunitySegmentAverage asking price, Q3 2026
Palm JumeirahUltra-luxury apartmentsAED 3,490 per sq ft (+3.4% on Q2)
Business BayMid-tier apartmentsAED 2,158 per sq ft
Jumeirah Village CircleMid-tier apartmentsAED 1,419 per sq ft
DAMAC LagoonsMid-tier villasAED 1,499 per sq ft
DAMAC Hills 2Affordable villasAED 1,054 per sq ft
Dubai Silicon OasisStudios / 1 bedroomAED 556,000 / AED 856,000 on average

Bayut Q3 2026 report on advertised asking prices, as reported by Khaleej Times on 29 October 2026.

The clearest rise among villas came in Al Barari, where four-bedroom homes were listed at AED 29.6 million on average, up 8.2% on the quarter. Four-bedroom villas on Palm Jumeirah averaged AED 44.1 million.

02New supply is the next thing to watch

Bayut expects about 56,600 new homes to be completed in Dubai by the end of the year. It said any effect of these handovers on asking prices should show more clearly in its fourth-quarter report, due in January 2027.

The portal also said it saw no wave of discounted listings in the quarter. Some buyers had been waiting for a sharp fall in prices this year, but advertised prices did not reflect one.

Bayut chief executive Haider Ali Khan said asking prices in many of the popular areas in the report had stayed broadly steady.

03Demand on the portal

Bayut recorded about 15 million visits in the third quarter, a quarter more than in Q2. The number of listings rose 6%, even though the summer is usually a quieter period.

04Estimated rental yields

CommunitySegmentEstimated gross yield
DeiraAffordable villas10.0%
Dubai Investments ParkAffordable apartments9.5%
Discovery GardensAffordable apartments8.5%
RemraamAffordable apartments8.4%
Living LegendsMid-tier apartments7.5%
Al SufouhLuxury apartments7.1%
The Sustainable CityMid-tier villas6.1%

Estimates from advertised prices and rents, not guaranteed returns.

05What it means if you are buying off-plan

Use asking prices as a yardstick. Average listing prices in Jumeirah Village Circle and Business Bay give you a reference point for new launches nearby. Compare a launch price per square foot with the resale figure for a similar finished home before you commit.

Watch the handover wave. Around 56,600 homes reaching completion this year means more finished stock for sale and for rent. If you plan to let your home on handover, base your sums on today's rents and allow for competition from other new owners.

Yields are highest outside the prime districts. The strongest estimated returns sit in affordable communities such as Dubai Investments Park, while Al Sufouh leads the luxury segment. Off-plan options in these areas include Verdana X by Reportage in Dubai Investments Park.

Mid-tier projects in the communities above include SOL Terra Gardens in Jumeirah Village Circle, and The Hillgate in Dubai Silicon Oasis. For rents in the same quarter, read Dubai apartment rents down 10% to 13% in Dubai Marina, Business Bay and JVC.

ProjectsProjects in this story.

SourcesWhere this story comes from.

Sources

  1. Khaleej Times: Dubai property prices: New supply impact may emerge in coming months, 29 October 2026

Corrections

  • No corrections to this story. If something has changed or is wrong, tell us and we will correct it and log the change here.

29 Oct 2026, 21:32 GST · Reported by OffPlan Insider Newsdesk, checked against the developer's own material before publication.

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