Most Dubai Homes Slated for 2026 Handovers Already Bought, Villas Lead Absorption

A fresh analysis by fäm Properties shows that almost 83% of the 96,585 homes slated for completion in Dubai this year have already been purchased, with villas achieving a 95% absorption rate. Of the total 96,585 units due in 2026, 80,127, or 82.9%, are sold. That total comprises 91,209 apartments (82% absorbed) and 5,376 villas (95% sold). Dubai’s construction pipeline remains large at 564,072 residential properties under development, most due for handover by 2028, and 425,863 of those, or 75.5%, have been pre-sold. Demand is strongest in the villa segment: of 68,297 villas under construction, 58,349 are sold, an 85.4% absorption. Apartments dominate the pipeline with 495,775 units being built and 367,514 already purchased, a 74.1% rate. DXBinteract data show several areas at full absorption: Al Wasl has 100% of 637 apartments due in 2026 sold, while villa communities Wadi Al Safa 5 (854 villas), Nad Al Sheba First (235) and Al Hebiah Sixth (476) are fully sold. Palm Jumeirah has sold 93.5% of 2,397 apartments due this year and Jumeirah Lakes Towers 92.8% of 2,324 units. Downtown has 6,248 apartments under construction with 92.2% sold and 96.6% absorption for 3,981 units due in 2026. Business Bay’s 30,317-unit pipeline is 82.8% sold, rising to 88.7% for 16,938 units due this year. Other hotspots include Ras Al Khor (93.5% of 6,950) and Al Barsha South 2 (85% of 12,655). High villa absorption continues in Al Hebiah Fifth (98.7% of 2,060), Nad Al Sheba First (98.2% of 1,569), Wadi Al Safa 5 (96.4% of 8,216), Al Yufrah (94.7% of 6,429) and Dubai South (94.5% of 5,698). Al Msaddi noted Dubai’s population has now surpassed 4.58 million and that it’s now home to more than 80,000 millionaires, reinforcing its global appeal. Dubai Land Department figures show 24,537 new units completed in H1 2026, up more than 36% from 18,043 a year earlier. A total of 104 projects finished in six months versus 75 in H1 2025, an increase of more than 38.7%, with combined investment value exceeding Dh111 billion, up 52% from Dh73 billion. Completed built-up area rose by more than 23.4% to 1.95 million square metres from 1.58 million, and land allocation value climbed to Dh19.46 billion from Dh8.27 billion, an increase of more than 135%.
Source: Gulf News