The UAE real estate sector shines with billion-dollar projects and strong sales in March

Abu Dhabi, March 29 / WAM / The UAE continues to consolidate its position as one of the most dynamic real estate markets, with the pace of launching new projects continuing and construction work continuing without interruption during the month of March 2026.

This rapid movement in projects and growing sales reflects the strength of the real estate market in the UAE and its global position as a reliable long-term investment destination.

In Dubai, the movement of launching residential and commercial projects emerged at a rapid pace, as record real estate sales were recorded, including a qualitative deal for a luxury apartment worth 422 million dirhams, constituting the third most expensive apartment in the history of the market.

“Emaar Properties” revealed its “Gulf Valley” residential project within “Emaar South”, which includes 262 various residential units, while “National Properties”, the real estate arm of National Bonds Company, announced the launch of a new commercial tower in “Barsha Heights” worth 500 million dirhams.

“Zoya Development” launched the “Novea” project in “Dubailand” with investments exceeding 200 million dirhams, and “Om Real Estate Development” launched the “Rise Residences” project in Warsan, in an indication of the diversity of real estate products between residential and commercial and the continued meeting of growing demand.

The Dubai Multi Commodities Center announced additional details for the “Uptown” area in a plan to develop an iconic tower within the area exceeding 600 meters in height.

Deyaar Development Company reported that the construction and development activities in its portfolio are proceeding according to the specified schedule, and revealed its plans to complete the Jannat project in the “Midtown” complex in Dubai Production City within days, achieving completion three months ahead of schedule. The company is also preparing to deliver about 2,000 residential units in Dubai as part of a group of projects in different regions of the country.

Azizi Developments has launched the “Creek Views 4” project in Al Jaddaf, which comes as a continuation of the “Creek Views 1” and “Creek Views 2” projects that were delivered, and “Creek Views 3”, in which the completion rate has reached 50%, and construction work is progressing according to the schedule set for delivery in the second quarter of 2026.

Dubai Investments Real Estate continued construction work on its real estate projects according to the approved delivery schedules, recording advanced completion rates in all its projects, while Binghatti Holding confirmed the continuation of its construction operations at a regular pace and according to the specified timetables. Its average weekly sales reached about 500 million dirhams from the end of last February until now.

In turn, Nakheel, Dubai Properties, and Meraas confirmed the continuation of work as usual in all projects and service centers, while maintaining the pace of implementation and project delivery according to the approved plans.

Beyond Real Estate Development also confirmed the continuation of construction work at a steady pace in its projects within its master plan extending over 8 million square feet in Dubai Maritime City.

Damac Properties confirmed that the real estate market in Dubai has once again demonstrated its ability to maintain the pace of project implementation, based on its flexibility and durability, and the stable and safe regulatory environment in the UAE, which has enhanced its attractiveness for long-term investment.

Amira Sajwani, Managing Director of the company, said that the proactive economic approach followed by Dubai in dealing with all variables, in addition to the emirate’s advanced infrastructure and flexible legislation, contributed to enhancing investor confidence and ensuring the continued flow of investments, noting that the value of real estate sales in Dubai exceeded the barrier of 10 billion dirhams during the first ten days of this month of March.

She added that Dubai continues to consolidate its position as a reliable investment destination, and has proven its continued ability to transform challenges into real opportunities that enhance investor confidence.

For his part, Farhad Azizi, CEO of Azizi Group, said that the group’s operations are proceeding at a regular pace through the various stages, starting from design and supply, all the way to implementation and sales, as work proceeds without interruption, and projects are launched according to approved plans.

He added that the indicators on the ground are clear; The demand for real estate in Dubai is strong, and sales activity is continuing actively, while the group’s projects are proceeding according to their specified paths.

In Abu Dhabi, Aldar Properties Group confirmed that its operational operations in the Emirates are proceeding at a regular pace, noting that its activities, including residential communities, commercial destinations, office assets, logistical facilities, hotels, schools and development sites, continue to perform at full operational capacity, in light of the strength of its operational and financial conditions.

On February 10, the group launched the “Baccarat Residences Saadiyat” residential project in the Saadiyat Cultural District in Abu Dhabi, which will include 77 residential units, including two- and three-bedroom apartments, several four-bedroom villas, in addition to two “penthouse” units.

For its part, “Modon” Company launched the “Tara Park” project on Al Reem Island, which focuses on quality of life and integrated facilities, while providing free ownership, which enhances the emirate’s investment attractiveness, while Ohana Real Estate Development Company indicated the strong demand for the “Manchester City Yas Residences” project, which achieved strong sales that reached about 6 billion dirhams within 72 hours.

Hussein Salem, CEO of the company, said that “Ohana” maintains efficient business continuity through the various stages of implementation, starting from the progress of construction work to adhering to delivery dates, within an operational approach based on discipline and clarity.

He stressed the continuation of work to complete the “Ohana by the Sea” project in the Al Jurf area in Abu Dhabi, according to the specified schedule.

In Sharjah, Arada awarded a contract worth 183 million dirhams to establish a school within the Masar community, coinciding with the real estate sector in the emirate recording strong transactions amounting to 4.6 billion dirhams during Ramadan, with a growth of 71.8%, and an increase in the number of transactions to 7,299 transactions.

His Excellency Abdulaziz Ahmed Al Shamsi, Director General of the Real Estate Registration Department in Sharjah, said that the growth witnessed by the real estate sector reflects the solid foundations on which the market is based, explaining that this diversity in projects is supported by the development of infrastructure in the emirate, and the availability of flexible real estate financing plans has directly contributed to the increase in sales transactions and the increase in demand for different types of real estate.

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