Dubai Harbour Apartments 2026 Q1 Resale Report

(1st January - 31st March 2026)

-1.4

AED 3,774

Average price per sq. ft

Compared to Q1 2025

-27.9

142 transactions

-31.4

AED 705.2M total resale value

Apartments in Dubai Harbour Q1 2026 Resale Report

Executive Summary

One-bedroom apartments led resale activity in Dubai Harbour during Q1 2026 with 64 transactions, a 12.0% decline year-over-year, and an average transaction price of AED 2,899,360. Two-bedroom units recorded 48 transactions in the quarter, down 36.0% year-over-year, with an average price of AED 5,296,004, while three-bedroom apartments saw 27 transactions, a 37.0% year-over-year decrease, at an average price of AED 8,063,317. The off-plan primary market in Dubai Harbour generated 105 transactions valued at AED 1,009,282,742 in Q1 2026, compared to 142 resale transactions valued at AED 705,184,873 during the same period.

Key Facts

  • In Q1 2026, the average resale price per square foot for apartments in Dubai Harbour was AED 3,774, down 1.4% year-over-year.
  • Dubai Harbour recorded 142 resale apartment transactions in Q1 2026, a decline of 27.9% compared to the same quarter in 2025.
  • Total resale transaction value in Dubai Harbour for Q1 2026 reached AED 705,184,873, representing a 31.4% year-over-year decrease.
  • Ready properties accounted for 64.8% of Dubai Harbour apartment resales in Q1 2026, while off-plan units comprised 35.2%.
  • One-bedroom apartments led Dubai Harbour resale activity in Q1 2026 with 64 transactions at an average price of AED 2,899,360, though transaction count fell 12.0% year-over-year.
  • Two-bedroom apartments in Dubai Harbour saw 48 resale transactions in Q1 2026 at an average price of AED 5,296,004, down 36.0% in volume year-over-year.
  • Three-bedroom units recorded 27 resale transactions in Dubai Harbour during Q1 2026 at an average price of AED 8,063,317, with transaction count declining 37.0% year-over-year.

Key Performance Indicators

Key Performance Indicators

Resale - Q1 2026

Total Resale Value AED 705.2M
-31.4% YoY
Avg Sale Price per Sq. Ft AED 3,774
-1.4% YoY
Resale Transactions 142
-27.9% YoY

Rental - Q1 2026

Gross Rental Yield 5.94%
Avg Rent per Sq. Ft AED 194
-4.4% YoY
Rental Contracts 228
+31% YoY

Source: Property Monitor, Metropolitan Premium Properties Analysis

Price Trend

Price Trend - Dubai Harbour Apartments

Average Price per Sq. Ft - Dubai Harbour Apartments

Line chart showing Average Price per Sq. Ft - Dubai Harbour Apartments with 5 data points from Q1 2025 to Q1 2026.
Dubai Harbour Apartments - Average Price per Sq. Ft over quarterly periods
Period Average Price per Sq. Ft (AED)
Q1 2025 3,826
Q2 2025 3,751
Q3 2025 3,815
Q4 2025 3,700
Q1 2026 3,774

Source: Property Monitor, Metropolitan Premium Properties Analysis

How did Dubai Harbour Apartments transactions split between off-plan and ready in Q1 2026?

In Q1 2026, ready property transactions dominated Dubai Harbour Apartments, accounting for 64.8% of all deals and 56.2% of total transaction value, while off-plan sales represented 35.2% of transactions and 43.8% of value. The notable difference between transaction share and value share indicates that off-plan deals averaged higher prices per transaction than ready properties during the quarter. This completion-status distribution reflects the relative availability and pricing dynamics of Dubai Harbour's established inventory versus new development launches in the period.

Completion Status

Completion Status: Dubai Harbour Q1 2026

Off-plan: 35.2%, Ready: 64.8%.
Dubai Harbour Q1 2026 - Completion Status (transactions and AED value) -- Transactions
Category Percentage
Off-plan35.2%
Ready64.8%
Off-plan: 43.8%, Ready: 56.2%.
Dubai Harbour Q1 2026 - Completion Status (transactions and AED value) -- AED Value
Category Percentage
Off-plan43.8%
Ready56.2%

Source: Property Monitor, Metropolitan Premium Properties Analysis

Which Apartments bedroom configurations recorded the highest resale activity in Dubai Harbour during Q1 2026?

In Q1 2026, one-bedroom apartments dominated transaction activity in Dubai Harbour, recording 64 sales at an average price of AED 2,899,360, followed by two-bedroom units with 48 transactions averaging AED 5,296,004 and three-bedroom properties with 27 sales averaging AED 8,063,317. Average prices across reportable bedroom configurations ranged from AED 2,899,360 for one-bedroom units to AED 8,063,317 for three-bedroom apartments in the quarter. Both two-bedroom and three-bedroom segments experienced notable year-on-year transaction declines of 36.0% and 37.0% respectively, while one-bedroom sales fell 12.0% compared to Q1 2025.

Performance by Bedroom Type

Price Insights by Bedroom

Dubai Harbour Q1 2026 - Bedroom-level Resale Insights
Bedrooms Avg Price Price YoY Transactions Trans. YoY
1 B/R AED 2,899,360 -3% 64 -12%
2 B/R AED 5,296,004 +3.5% 48 -36%
3 B/R AED 8,063,317 +3.7% 27 -37%
4 B/R AED 15,902,696 +4.6% 3 -50%

Transaction Distribution by Bedroom

Transaction Volume by Bedroom Type - Q1 2026

Bar chart showing Transaction Volume by Bedroom Type - Q1 2026 with 4 categories.
Transaction Volume by Bedroom Type - Q1 2026
Bedroom Type Transactions
1 B/R Bed64
2 B/R Bed48
3 B/R Bed27
4 B/R Bed3

Source: Property Monitor, Metropolitan Premium Properties Analysis

How did off-plan primary-market sales of Apartments in Dubai Harbour perform in Q1 2026?

In Q1 2026, off-plan apartment transactions in Dubai Harbour totaled 105 units valued at AED 1,009,282,742, representing declines of 69.7% and 61.3% year-on-year respectively. Despite the annual contraction, primary market off-plan activity accounted for a smaller volume but substantially higher aggregate value compared to the resale segment, which recorded 142 transactions worth AED 705,184,873 in the same period. The off-plan market's higher per-unit values reflected continued developer focus on premium inventory within the waterfront community.

Rental Summary

Rental Contract Distribution - Q1 2026

Contract Types

New Contracts 69.3%
Renewals 30.7%

Rental Insights by Bedroom

Dubai Harbour Q1 2026 - Bedroom-level Rental Insights
Bedrooms Avg Rent Price YoY Transactions Trans. YoY
1 B/R AED 157,389 -0.5% 98 +31%
2 B/R AED 239,479 -4.2% 101 +31%
3 B/R AED 398,251 -13.3% 27 +29%
4 B/R AED 650,000 +25.5% 2 +100%

Source: Property Monitor, Metropolitan Premium Properties Analysis

Dubai Apartments Market Context -- Q1 2026

## Dubai-Wide Market Overview

During Q1 2026, Dubai recorded 44,267 sale transactions and 147,091 rental transactions, reflecting the emirate's continued activity across both ownership and leasing segments. Initial sales accounted for 71.9% of all Dubai property sales, while resale transactions represented 28.1%, indicating that the majority of purchase activity involved newly delivered or off-plan units. In the rental market, 66.4% of contracts were renewals and 33.6% were new tenancies, demonstrating that existing tenant retention remained the predominant pattern across Dubai's leasing landscape during the quarter.

Dubai Overall Market Context

Dubai Apartments Market Totals - Q1 2026

Sales
Total Value AED 139.211B
Transactions 44,267
Value YoY +21.6%
Rentals
Total Value AED 12.969B
Contracts 147,091
Value YoY +1.2%
Initial Sale: 71.9%, Resale: 28.1%.
Dubai Overall Market - Sale Split
Category Percentage
Initial Sale71.9%
Resale28.1%
New: 33.6%, Renewal: 66.4%.
Dubai Overall Market - Rental Contract Split
Category Percentage
New33.6%
Renewal66.4%

Source: Property Monitor, Metropolitan Premium Properties Analysis

Frequently Asked Questions

What was the average price per square foot for resale apartments in Dubai Harbour during Q1 2026?
In Q1 2026, the average price per square foot for resale apartments in Dubai Harbour was AED 3,774, down 1.4% year-over-year.
How many resale apartment transactions occurred in Dubai Harbour in Q1 2026?
Dubai Harbour recorded 142 resale apartment transactions in Q1 2026, a decline of 27.9% compared to the same quarter in 2025.
What was the total transaction value for resale apartments in Dubai Harbour in Q1 2026?
The total transaction value for resale apartments in Dubai Harbour reached AED 705,184,873 in Q1 2026, down 31.4% year-over-year.
What was the average price of a one-bedroom resale apartment in Dubai Harbour in Q1 2026?
One-bedroom resale apartments in Dubai Harbour averaged AED 2,899,360 in Q1 2026, with 64 transactions recorded during the quarter.
What was the average price of a two-bedroom resale apartment in Dubai Harbour in Q1 2026?
Two-bedroom resale apartments in Dubai Harbour averaged AED 5,296,004 in Q1 2026, with 48 transactions completed during the quarter.
What was the average price of a three-bedroom resale apartment in Dubai Harbour in Q1 2026?
Three-bedroom resale apartments in Dubai Harbour averaged AED 8,063,317 in Q1 2026, based on 27 transactions during the quarter.
What percentage of Dubai Harbour resale apartment transactions in Q1 2026 were for ready properties?
Ready properties accounted for 64.8% of resale apartment transactions in Dubai Harbour during Q1 2026, representing 56.2% of total transaction value.
What was the total value of off-plan primary market apartment sales in Dubai Harbour in Q1 2026?
Off-plan primary market apartment sales in Dubai Harbour totaled AED 1,009,282,742 in Q1 2026, with 105 transactions recorded.

Methodology

The resale market data for Dubai Harbour apartments in Q1 2026 is sourced from Property Monitor's transaction register, which aggregates official Dubai Land Department registration records covering the period from 1 January 2026 to 31 March 2026. Year-on-year comparisons are computed against the corresponding quarter in 2025, with the average price per square foot of AED 3,774 reflecting a 1.4% decline and the transaction count of 142 representing a 27.9% decrease relative to Q1 2025. Off-plan transactions, which totaled 105 units with a combined value of AED 1,009,282,742, are tracked separately and excluded from resale averages, though registration lag between sale agreements and formal DLD recording may introduce temporal discrepancies that affect period-to-period comparability.

Glossary

PSF
Price per square foot, the standard unit for measuring property values in Dubai, calculated by dividing the transaction price by the total area in square feet.
Off-plan
Properties sold by developers before construction is complete, typically purchased through payment plans during the building phase.
Secondary market
The resale market where existing properties change hands between buyers and sellers, distinct from primary developer sales.
Ready property
Completed properties available for immediate occupancy, as opposed to off-plan units still under construction.
Resale
A transaction where an owner sells a property to another buyer, whether the unit originated as off-plan or was previously completed.
AED/sqft
The price expressed in United Arab Emirates Dirhams per square foot, the currency and measurement standard for Dubai real estate transactions.
Sale classification
A categorization system distinguishing Off-Plan Developer Sale, Resale Off-Plan Origin, and Resale transactions based on transaction nature and property origin.
Transaction type
The distinction between Off-Plan transactions (pre-construction sales) and Existing transactions (completed property sales) as recorded in Dubai Land Department data.
Dubai Harbour
A waterfront community in Dubai featuring residential apartments, marina facilities, and mixed-use developments along the Arabian Gulf coastline.
Apartment
A residential unit within a multi-unit building, the most common property type in Dubai's vertical communities, ranging from studios to multi-bedroom layouts.

Source: Property Monitor, Metropolitan Premium Properties Analysis

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