Dubai asking prices held steady in Q3, with new supply the next test

On 28 and 29 October 2026, Gulf Today and Khaleej Times covered Bayut's third-quarter market report, which was presented at a media briefing in Dubai by Dubizzle Group, Bayut's parent company. The central message was that asking prices across the communities it tracks stayed broadly steady. Speakers also said the widespread distressed selling that some buyers expected this year did not show up in the company's advertised prices. These items are about a week old, but they are the newest verifiable market read we found.

Quarterly moves were small. In affordable and mid-tier areas, asking prices generally changed by less than 3%, and most luxury and ultra-luxury segments moved by about 2% or less. The clearest exception was four-bedroom villas in Al Barari, up 8.2% on the quarter to an average AED 29.6 million. Palm Jumeirah ultra-luxury apartments rose 3.4% to AED 3,490 per square foot. All of these are advertised prices, not recorded sale prices, so they describe sellers' expectations.

Supply is the open question. Khaleej Times cites an estimate of around 56,600 new residential units by the end of the year, and Dubizzle's Matt Gregory said new homes had not yet significantly affected asking prices in the communities Bayut tracks. The fourth-quarter report, expected in January, should show more clearly whether that changes. Interest stayed active: platform visits reached about 15 million in the quarter, up 25% on the second quarter, while listings rose 6%.

The report also listed estimated rental yields based on advertised prices. Among affordable apartments, Dubai Investments Park stood at 9.5%, Discovery Gardens at 8.5% and Remraam at 8.4%. Living Legends led mid-tier apartments at 7.5%, and Al Sufouh led luxury apartments at 7.1%. For villas, Deira was listed at 10%, although it is restricted to locals and GCC nationals, and The Sustainable City at 6.1%. These are estimates, not guaranteed returns.

What this means for readers: owners and sellers can use the quarter's figures as a reference point, but asking prices are only a starting position, and the Dubai Land Department records what deals actually close at. Buyers and investors comparing areas may want to check how many homes are due for handover near a unit they like, since new supply is what analysts flag as the next factor to watch. These figures describe past advertised prices and say nothing certain about where prices will go.