Dubai completes 104 real estate projects worth over $30bn as 24,537 new units delivered

In the first half of 2026, investments in completed real estate projects in Dubai surged by over half to a staggering Dh111 billion ($30.2 billion), showing the sector's resilience despite the ongoing Iran war. The Dubai Land Department (DLD) reported this data, citing a 52% year-on-year increase from Dh73 billion in the same period last year. These investments were allocated to 104 completed projects, marking a nearly 39% rise from the 75 projects in the first half of 2025.

Residential supply led the way, expanding by 36% to more than 24,500 units. Built-up areas, ready for handover, grew by nearly 25% to 1.95 million square metres. The total land area designated for completed projects more than doubled to about one million square metres, with land value surging 135% to Dh19.46 billion.

Sheikh Hamdan bin Mohammed, Crown Prince of Dubai and Deputy Prime Minister, attributed the surge to renewed confidence from the global business community and investors in Dubai's economic environment. Despite the conflict's impact, Dubai remains a top destination for real estate investment, ranking as the world's leading investment location according to Arada's UAE Property Investment Index.

The city, home to iconic structures like the Burj Khalifa and Burj Al Arab, continues to welcome major developments, with developer Dar Global recently awarding a contract for the podium of the $1 billion Trump International Hotel and Tower. Nakheel also began handing over 892 villas and townhouses at the redeveloped Jebel Ali Village near Ibn Battuta Mall.

Sheikh Hamdan emphasized Dubai's commitment to comprehensive urban development that keeps pace with population and economic growth, ensuring a high standard of quality of life.