Cavendish Maxwell's Q3 report shows January to September handovers exceeded the full-year totals of 2023 and 2024 and rose 41 percent year on year, with about 24,000 more homes due by year end.
Dubai delivered 38,000 new homes between January and September 2026, according to Cavendish Maxwell's Q3 analysis, more than the full-year totals for 2023 and 2024 and 41 percent above the same period of 2025. About 12,400 of those were handed over in the third quarter alone.
Around 24,000 more units are scheduled by year end, putting 2026 on track to pass the 40,000 completions of 2025. Mortgage value reached a quarterly record of AED 21.8 billion across about 10,000 loans, with mortgage transactions up about 33 percent on the previous quarter.
Average rents rose 5.5 percent year on year to AED 77.3 per square foot, and gross yields averaged 6.6 percent for apartments and 4.9 percent for villas and townhouses.
Source: Construction Week Online
