Dubai Completes 104 Property Projects Worth $30bn In First Half
Arab News reported that Dubai completed 104 real estate projects worth more than 111 billion dirhams in the first half of 2026, with new residential units and project land allocations also rising.
Dubai completed 104 real estate projects worth more than 111 billion dirhams ($30.22 billion) in the first half of 2026, Arab News reported, giving the emirate's property pipeline a larger delivered base even as Gulf construction activity widened.
Dubai Land Department data put completed project value 52 percent above the first half of 2025, when the total stood at 73 billion dirhams.
The number of finished projects rose 38.7 percent from 75 a year earlier.
The residential supply figures showed the same expansion in physical stock.
New residential units increased by more than 36 percent to 24,537 units from 18,043, while built-up areas ready for handover grew more than 23.4 percent to 1.95 million sq. meters from 1.58 million sq. meters.
Project land metrics moved even faster.
Allocated land value reached 19.46 billion dirhams, more than double 8.27 billion dirhams a year earlier, while completed-project land area expanded to about 1 million sq. meters from 484,000 sq. meters.
Regional construction indicators framed Dubai's delivery figures against a wider Gulf buildout.
Saudi Arabia issued more than 34,000 building permits from January through June, and Qatar recorded 2,240 permits in the second quarter, a 26.1 percent increase from the previous quarter.
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, linked the increase in transactions, project volume and investment flows to renewed international confidence in Dubai's economic environment.
He also pointed to legislation, infrastructure, transparency and private-sector partnership as parts of the emirate's investment model.
The first half also brought a surge in new investment real estate projects, with developers and investors focused on assets intended to add to Dubai's urban landscape.
The first-half results keep real estate inside Dubai's D33 economic agenda, which aims to double the emirate's economy and place it among the world's top three economic cities.
For developers and investors, the reported handovers show that the market's expansion is moving through completed assets, additional homes and land committed to finished projects.
