Transactions involving residential properties in well-established neighborhoods of Dubai are signaling a turnaround with the pace of activity picking up in July and August. A new market analysis by Espace Real Estate has revealed an increase of 24.6 percent in secondary sales transactions of housing in the mid-summer months in comparison with those of the previous May-June period. Dubai Secondary Residential Sales
The statistics reveal a significant deviation from traditional trends in seasonality. Last year during the same period, secondary market transactions had declined by 14.2 percent. Even though the total volume of transactions is still significantly lower than the record highs reached in 2025, analysts believe that the change in trends suggests stabilization of the real estate sector in the emirate.
Data extracted from official Dubai Land Department registers shows that established family districts experienced similar gains. Five prime residential areas—Arabian Ranches, Jumeirah Park, The Springs, The Meadows, and The Lakes—registered a combined 24.3 per cent leap in secondary acquisitions during July and August compared to early summer. Year-on-year transaction declines were significantly milder in these mature neighborhoods, dropping 26.3 per cent compared to the wider citywide secondary contraction of 44 per cent.
Industry leaders emphasize that while the housing market has not fully returned to peak levels, the change in direction signals strengthening buyer sentiment, particularly among end-users seeking family residences. Individual performance varied slightly across communities, with four out of the five benchmarked neighborhoods recording notable growth, while localized pricing expectations among sellers led to a slower pace in select areas like The Meadows. Real estate experts expect this localized end-user demand to gradually expand into adjacent residential sectors in the coming months.
Meanwhile, the emirate’s leasing market maintained robust stability. Rental transactions across the four-month stretch from May through August reached 274,228 registered agreements, representing a slight 4.6 per cent movement year-on-year. The sharp contrast between leasing consistency and volatile purchase figures suggests sustained baseline demand from residents residing within the city. Dubai Financial Center
