Dubai off-plan delivery scorecard: H1 2026

Dubai off-plan delivery scorecard: H1 2026

Posted on byLida MoghaddamLida Moghaddam

Disclaimer: This article is for general informational purposes only and is based on cited public data and Lida Moghaddam's experience in the Dubai property market as a RERA-licensed broker. It is not financial, legal, or investment advice. Dubai's property market moves quickly, so the figures, yields, and conclusions mentioned may change or become outdated by the time you read this. Always verify the latest data before making any decision, as property values can go down as well as up. Before making any property-related decision, please consult a qualified professional. Feel free to reach out to me if you'd like to discuss your situation. Read the full disclaimer.

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Dubai handed over approximately 12,900 residential units in Q1 2026, the highest quarterly total in three years, against an initial schedule of 30,300 units, a materialisation rate of 42.3% (Cavendish Maxwell, Q1 2026).

Q1 2026 completions: 12,900 against a 30,300 schedule

The headline figure for a delivery scorecard is not how many units are scheduled, but how many actually complete. In Q1 2026 Dubai recorded approximately 12,900 residential completions, the highest quarterly total in three years and up 23.1% on Q1 2025, while the quarter had been scheduled to deliver around 30,300 units (Cavendish Maxwell, Q1 2026). The ratio of the two, 42.3%, is the materialisation rate.

Q1 2026 residential supplyFigureSource
Scheduled completions~30,300 unitsCavendish Maxwell, Q1 2026
Actual completions~12,900 unitsCavendish Maxwell, Q1 2026
Materialisation rate42.3%Cavendish Maxwell, Q1 2026
Year-on-year change+23.1%Cavendish Maxwell, Q1 2026
Apartments completed~8,000 unitsCavendish Maxwell, Q1 2026

The materialisation rate (the count of units that actually complete divided by the count scheduled) is the figure that separates a handover scorecard from a launch announcement. For a buyer, the gap is the practical point: a headline that counts scheduled units overstates the inventory reaching the market in any given quarter, because delivery timelines across the market run behind the original schedule. The 12,900 that completed are the units a buyer could actually transact on and move into this quarter; the rest are still in construction.

The H1 2026 pipeline and the Q2 number to watch

The second quarter of 2026 closes with around 29,600 units on its original completion schedule, but the expected actual figure is materially lower (Cavendish Maxwell, Q1 2026).

Q2 2026 supplyFigureSource
Scheduled completions~29,600 unitsCavendish Maxwell, Q1 2026
Expected actual completions9,000 to 15,000 unitsCavendish Maxwell, Q1 2026
Scheduled units at 80%+ construction progress60.7%Cavendish Maxwell, Q1 2026

The construction-progress figure is the most useful forward signal here. Of the 29,600 units scheduled for Q2 2026, 60.7% had reached 80% or more of construction progress at the time of the report, which is why the expected actual range sits below the schedule: units still in earlier stages tend to register their handover in a later quarter. For a buyer tracking a specific project, the read is to weigh the developer's stated handover date against where the building actually is, because the market-wide pattern is that a meaningful share of scheduled units land one quarter later than planned.

Where the supply concentrates by community

Completions are not spread evenly across Dubai. A small set of communities carries a disproportionate share of the 2026 pipeline (Cavendish Maxwell, Q1 2026), and an independent supply study points to the same names (Morgan's Realty).

Community supplyFigureSource
Business Bay, JVC, Dubai South, Dubai Science Park, Dubai Hills Estate (combined)35.7% of projected 2026 deliveriesCavendish Maxwell, Q1 2026
Apartments as a share of projected 2026 deliveries84.3%Cavendish Maxwell, Q1 2026
Jumeirah Village Circle (2025 to 2027 cumulative)16,852 unitsMorgan's Realty
Business Bay (2025 to 2027 cumulative)10,127 unitsMorgan's Realty
Azizi Venice (2025 to 2027 cumulative)7,860 unitsMorgan's Realty

Both sources place Jumeirah Village Circle and Business Bay at the front of the supply queue. For a buyer or investor, a high-completion community has a specific, usable meaning: more handover stock arriving at once produces more comparable sales to price against, more units competing for the same tenant, and therefore more room to negotiate on price and rent. The flip side is the same fact read positively for a tenant or an end-user buyer, who finds the widest choice and the strongest negotiating position exactly where completions concentrate.

Three forecasts, three full-year numbers

The full-year 2026 delivery count is the figure most often quoted, and it is also the one where sources diverge most. The honest read is to show the range rather than pick a single number.

Full-year 2026 deliveryFigureSource
Scheduled for 2026~77,500 unitsCavendish Maxwell, Q1 2026
Forecast for 202671,613 unitsMorgan's Realty
Expected actual 2026 (of that forecast)34,740 units (~48%)Morgan's Realty
Full-year 2026 projection120,000 unitsFitch

The spread is wide because the three figures measure different things: Cavendish Maxwell and Fitch quote scheduled or projected pipeline, while Morgan's Realty applies a completion rate to its forecast and reports an expected actual of 34,740 units, roughly 48% of its 71,613-unit forecast. The same study put 2025 at 22,896 delivered of 37,171 forecast, about 62%. The pattern across both years and all three sources is consistent in one respect: scheduled supply is the ceiling, and the count that reaches handover sits below it. A reader comparing "Dubai will deliver X units in 2026" claims should check whether the number is a schedule or an expected actual before using it.

How completions sit against transactions and prices

Completions are arriving into a market where prices and transaction values were still rising through Q1 2026 (Cavendish Maxwell, Q1 2026).

Q1 2026 market contextFigureSource
Residential sales transactions~44,200 (AED 139.1bn)Cavendish Maxwell, Q1 2026
Off-plan share of transactions73% (~32,300 deals)Cavendish Maxwell, Q1 2026
Average sales priceAED 1,683 per sq ft (+0.6% QoQ, +9.6% YoY)Cavendish Maxwell, Q1 2026
Average residential rentAED 76.1 per sq ft per annum (+0.8% QoQ, +10.2% YoY)Cavendish Maxwell, Q1 2026
Gross rental yields7.2% apartments, 5.0% villas and townhousesCavendish Maxwell, Q1 2026

The context that matters for reading the scorecard: the ~12,900 units that completed in Q1 2026 entered a market that still recorded a +0.6% quarter-on-quarter and +9.6% year-on-year move in average sales price, with off-plan accounting for 73% of the ~44,200 transactions. New project launches eased to around 22,900 units in the quarter, down 56.9% year on year (Cavendish Maxwell, Q1 2026), so the committed pipeline now in construction, rather than fresh launches, is what determines the next two years of handovers. For an investor, the practical takeaway is that the supply story for 2026 to 2028 is already largely fixed by what is under construction today, and the variable to watch is the pace at which it actually completes.

How many residential units will Dubai deliver in 2026?

Projections differ by source and by what they measure. Cavendish Maxwell puts the 2026 schedule at around 77,500 units, Fitch projects 120,000, and Morgan's Realty forecasts 71,613 with an expected actual of 34,740 (about 48%). Actual handovers historically run below the schedule: Q1 2026 materialised 42.3% of its scheduled units.

Which Dubai communities have the most new supply in 2026?

Business Bay, Jumeirah Village Circle, Dubai South, Dubai Science Park and Dubai Hills Estate together account for 35.7% of projected 2026 deliveries (Cavendish Maxwell, Q1 2026). An independent supply study places JVC (16,852 units) and Business Bay (10,127 units) at the top of the 2025 to 2027 pipeline (Morgan's Realty).

What is the Dubai supply gap?

It is the difference between the units scheduled to complete and the units that actually complete in a period. In Q1 2026, around 12,900 of the 30,300 scheduled units were handed over, a materialisation rate of 42.3% (Cavendish Maxwell, Q1 2026).

Are most Dubai handovers apartments or villas?

Apartments dominate. They accounted for around 8,000 of the ~12,900 units completed in Q1 2026 and are projected to make up 84.3% of 2026 deliveries (Cavendish Maxwell, Q1 2026).

For the next quarterly delivery scorecard and the figures as each new period closes, subscribe to the withlida market-data briefing.

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Written byLida MoghaddamLida Moghaddam

Architect-turned-real-estate-specialist based in Dubai. She helps buyers, sellers, and investors read property with a designer's eye — structure, location, and long-term value.

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