The Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence and Chairman of The Executive Council of Dubai reviewed the completion report on Thursday, highlighting a 52 percent increase in project delivery by investment value year-on-year.
“I reviewed the report on real estate projects completed in Dubai in the first half of 2026, which highlights the sector’s continued growth,” Sheikh Hamdan said in a social media post on August 20.
The 104 completed projects represent a substantial addition to Dubai’s residential and commercial inventory, with the 24,000-plus units entering a market that recorded 24,800 total residential completions during the first six months of the year according to separate industry data.
Sheikh Hamdan attributed the completion figures to sustained confidence in Dubai’s investment climate and the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum. “Today’s figures reflect the visionary leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum, reaffirming the strength and resilience of Dubai’s real estate sector and the growing confidence in its investment and business environment,” he said.
The 36 percent year-on-year increase in delivered units comes as Dubai’s property sector continues to attract new developers at an average rate of 25 per month, with 186 real estate development companies entering the market between January and mid-August 2026.
The Dh111 billion in completed project value underscores the scale of construction activity in the emirate, where residential sales reached AED34.9 billion in July alone as buyers returned to the secondary market following sustained price moderation.
Sheikh Hamdan concluded his remarks by reaffirming Dubai’s trajectory: “Dubai’s ambition and leadership know no limits.”
The completion data provides official confirmation of supply entering the market during a period when residential rents declined and home prices eased slightly quarter-on-quarter, reflecting the impact of new inventory on tenant and buyer conditions across the emirate.
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