In real estate sales, Dubai South ranked as the best-performing area for the fifth successive monthDubai, UAE, Aug 07: The Dubai real estate market remains on course in 2026 to set a new all-time high for rental contracts recorded in one year. A market analysis from fäm Properties today shows that 38,197 rental contracts were registered in July, 18,431 of these new agreements, with 19,766 renewals. This takes the total number of rental contracts recorded for the first seven months in 2026 to 214,445, a 1.9% increase on the same period last year which ended with a record number of 377,660 registered contracts. Once again off plan sales dominated with 9,585 transactions worth AED 20.5 billion compared with 4,287 valued at AED14.0 billion in the resale market. July recorded 11,759 apartment sales worth AED 17.8 billion, alongside 1,322 villa sales worth AED 7.8 billion, 268 plot sales valued at AED 6.9 billion, and 515 commercial transactions, including offices and shops, worth AED 1.9 billion.