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Dubai United Arab Emirates
The value added of the real estate sector in Dubai recorded about $ 17.7 billion (65.1 billion dirhams) during the first half of 2026, a growth of 5.4% at current prices, compared to about $ 16.8 billion (61.8 billion dirhams) during the same period in 2025, according to official data issued by the Dubai Data and Statistics Corporation of Dubai Digital.
The data showed that real estate activities in Dubai ranked third among the largest contributors to the emirate’s real GDP during the first half of the year, with a share of 11.8%, after wholesale and retail trade, which accounted for 20.5%, and financial and insurance activities with a share of 14%, while the contribution of transport and storage activities reached 10.7%.
Despite the increase in the value added of the real estate sector at current prices, the data showed a decline in its real economic activity by 2.5% at constant prices, to reach an added value of about $ 15.2 billion (55.8 billion dirhams).
The real estate source platform explains that current prices reflect the monetary value of the economic activity according to the prevailing prices during the period, while fixed prices measure real growth after excluding the impact of price change. The added value of real estate activities represents their contribution to GDP, and is not equivalent to total sales or real estate transactions recorded in Dubai.
Dubai’s construction sector grows 8.6%
In the construction sector, the data showed a value-added growth of 8.6% in current prices during the first half of 2026, reaching about $9.6 billion (35.3 billion dirhams).
The sector also recorded real growth of 2.4% at constant prices, with an added value of about $9 billion (AED 33.2 billion).
According to calculations made by the “Real Estate Source Platform” based on official data, the total value added of real estate and construction activities together amounted to about $ 27.3 billion (100.4 billion dirhams) at current prices during the first half of 2026.
104 real estate projects with more than 24 thousand units in Dubai
In a related context, previous data issued by the Dubai Land Department showed the completion of 104 real estate projects in Dubai, including 24,537 new units during the first half of 2026, compared to 75 projects and 18,043 units during the same period in 2025.
The number of completed projects increased by 38.7%, while the number of new units increased by 36%, and the total investment value of completed projects amounted to about $ 30.25 billion (AED 111 billion), compared to about $ 19.89 billion (AED 73 billion) during the first half of last year, a growth of 52%.
Completed and ready-to-delivery construction areas increased by 23.4% to 1.95 million square meters, compared to 1.58 million square meters during the corresponding period in 2025.
The cost of land allocated for projects increased by more than 135%, to reach about $5.30 billion (19.46 billion dirhams), compared to $2.25 billion (8.27 billion dirhams), while the area of land allocated for completed projects increased to about 1 million square meters, compared to 484,000 square meters during the same period last year.
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