Dubai real estate recorded remarkable performance during March

The Dubai real estate market recorded a remarkable performance from the beginning of this month until the end of yesterday’s trading, with sales amounting to 36.2 billion dirhams through the implementation of 11,39 transactions, while the total real estate transactions amounted to about 47.64 billion dirhams, in a clear indication of the continued strong momentum witnessed by the real estate sector and the high level of confidence among investors, despite the tensions in the Middle East region, which confirms the market’s ability to maintain its attractiveness and stability.

Real estate sales

According to a monitoring conducted by Emirates Today, based on data from the Dubai Land Department, the real estate sector in the emirate recorded 11,39 sales, from the beginning of March 2026 until the end of yesterday’s transactions, distributed by 8,885 transactions for residential units, 1,121 transactions for buildings, and 1,033 transactions for lands.

“Ready real estate” sales amounted to about 17.74 billion dirhams, through the implementation of 3,517 transactions divided into 2,256 sales of residential units, 228 sales of buildings, and 1,033 sales of land, while “off-plan” real estate sales amounted to about 18.46 billion dirhams through 7,522 deals divided into 6,629 sales of residential units, and 893 sales of real estate. Pledge of allegiance to buildings.

Mortgages and gifts

As for mortgage transactions, they recorded a value of 9.43 billion dirhams through 3,119 transactions, distributed by 2,190 transactions for residential units, 328 transactions for buildings, and 601 transactions for lands, while the value of gifts exceeded 2.01 billion dirhams through 387 transactions, distributed by 286 transactions for residential units, 18 for buildings, and 83 transactions. For lands.

Thus, the total real estate transactions in Dubai, from the beginning of this March until the end of yesterday’s transactions, recorded about 47.64 billion dirhams, resulting from about 14,545 transactions, which highlights the continued investment momentum and reflects the great confidence of investors in the real estate market in Dubai.

Quarterly performance

It appears that real estate transactions and sales in Dubai during the first quarter of 2026 are heading towards achieving new records, as sales before the end of the official period of the first quarter of this year recorded a growth of 19.73% on an annual basis, reaching 170.03 billion dirhams, compared to about 142 billion dirhams recorded in the comparative quarter of 2025.

While the total value of real estate transactions before the end of the first quarter of this year grew by 26.1% on an annual basis to 243.38 billion dirhams, compared to 193 billion dirhams during the comparative quarter of last year.

As for mortgage transactions, they recorded 58.31 billion dirhams through 11,282 transactions three working days before the end of the official period for the first quarter of this year, while the value of gifts exceeded 15.04 billion dirhams through 1,986 transactions.

Luxury real estate

In a related context, the luxury real estate market in Dubai continued its strong growth, as developer sales during this March amounted to 10.92 billion dirhams, with an annual increase in the volume of transactions of 42%, reaching 900 transactions.

During the first 24 days of this March, luxury properties, whose prices ranged between 20 and 50 million dirhams, recorded 79 sales transactions, with a value of 2.36 billion dirhams, including six “under construction” villas that were purchased at prices ranging between 43 and 50 million dirhams, according to an analysis conducted by the luxury real estate company “Kitora”.

In turn, DXBinteract data revealed 16 real estate sales deals in the price bracket from 50 to 100 million dirhams, amounting to 1.04 billion dirhams, and included nine apartments “under construction” that were sold at prices ranging between 51 and 92 million dirhams.

This March’s sales recorded record deals for a luxury apartment in “Jumeirah Peninsula” worth 422 million dirhams. It also included deals worth more than 100 million dirhams for four plots of land in “Umm Suqeim First,” which were sold at prices ranging between 125 and 152 million dirhams.

With a price range ranging between 10 million dirhams and 20 million dirhams, the value of 150 sales transactions amounted to about 1.99 billion dirhams, including two villas “under construction,” each of which was sold for more than 19 million dirhams, and three apartments “under construction,” each of which was sold at prices ranging between 18 and 19 million dirhams.

The highest volume of activity was recorded in the price sector, “five to 10 million dirhams,” as it witnessed 650 sales transactions worth 4.54 billion dirhams, including seven apartments “under construction,” each of which was sold for more than nine million dirhams.

A strong indicator of confidence

Talal Muwaffaq Al-Qaddah, CEO and founder of the luxury Ketora Real Estate, said, “These numbers, under these circumstances, are a strong indication of confidence in the luxury real estate market in Dubai,” stressing the continued demand for luxury real estate even in light of regional tensions.

He added: “The tensions in the region are the kind of short-term fluctuations that we and other real estate developers in Dubai are prepared for, as more projects are being designed to maintain their value in times like these.”

Talal continued: “When studying the data, as we have done since the beginning of the tensions, we notice the continued flow of capital into luxury properties (under construction), which reflects buyers’ orientation towards a long-term outlook, and their less influence by short-term factors.”

Talal stressed that investors enjoy high selectivity and strategic vision, and their continued activity at this time strengthens Dubai’s position as a global destination for distinguished real estate investment.

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Selling a luxury apartment “on the map” for 356.2 million dirhams

The real estate market in Dubai witnessed the implementation of a deal to sell a luxury apartment “on the map”, worth 356.2 million dirhams, in the Jumeirah II area, which reflects the continued strong demand for luxury real estate in the emirate.

According to the data of the “Dubai Rest” application, affiliated with the Dubai Land Department, the apartment’s area is about 31,200.85 square feet, which is equivalent to about 2,898.63 square meters, with an average price of more than 11,417.4 dirhams per square foot. The apartment is located in the “Jumeirah II” area within the “Aman Residences Dubai” project.

. 18.46 billion dirhams in “off-plan” real estate sales since the beginning of March.