Dubai Adds Over 24,000 Units as 104 Projects Worth Dh111 Billion Finish in H1 2026

Dubai introduced more than 24,000 new real estate units during the first six months of 2026, a rise of 36% compared with last year, according to figures reviewed by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum on Thursday. In total, 104 real estate projects reached completion in the first half, with a combined investment value of approximately Dh111 billion. The completed developments represent an estimated increase of 52% in project completions. Sheikh Hamdan, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence and Chairman of The Executive Council of Dubai, said the data highlights the sector’s ongoing expansion after reviewing the report on real estate projects completed in Dubai in the first half of 2026. The 104 finished projects brought more than 24,000 units into Dubai’s housing and property stock, marking a notable uptick in new supply over the corresponding period last year. Sheikh Hamdan linked the latest numbers to sustained investor confidence in Dubai’s property market and broader business environment. He praised the city’s leadership, saying the results reflect the visionary leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum and underline the strength and resilience of Dubai’s real estate sector. The results add further confirmation of the emirate’s ability to attract large-scale development and investment, reinforcing the authorities’ ambition for continued growth.
Source: Gulf News