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Tag: Dubai Islands

  • Dubai Off-Plan Apartment Sales Rise 12.9% to $4.77 Billion in March

    Dubai Off-Plan Apartment Sales Rise 12.9% to $4.77 Billion in March

    Dubai’s real estate market demonstrated continued resilience in March 2026, with off-plan residential apartment sales reaching AED17.5 billion ($4.77 billion), up from AED15.5 billion in the same month last year, according to an analysis of Dubai Land Department (DLD) data released April 1, 2026.

    Transaction volumes increased 2.3% year-on-year to 7,983 off-plan residential apartment deals, compared to 7,801 transactions in March 2025, reflecting sustained investor confidence in Dubai’s under-construction residential segment.

    Dubai Islands Leads Off-Plan Sales

    Al Masdar Al Aqaari’s latest report revealed that Dubai Islands emerged as the top-performing area by sales value, generating AED1.3 billion from 402 transactions during March. Madinat Al Mataar, near Al Maktoum International Airport, ranked second with AED1.2 billion across 809 off-plan residential apartment transactions while also leading in transaction volume.

    Jumeirah Second secured third place with AED1.1 billion in total sales, driven by just nine high-value transactions within the Dubai Peninsula master development, including Aman Residences Dubai and Peninsula Dubai Residences – Tower 2.

    By transaction volume, Madinat Al Mataar led with 809 deals, followed by Dubai Land Residence Complex with 651 transactions worth AED618.9 million, and Jumeirah Village Circle (JVC), which recorded 570 transactions totaling AED660.6 million.

    Luxury Segment Posts Record Transactions

    Dubai’s luxury real estate segment recorded several landmark deals in March, with Aman Residences Dubai completing the third most expensive off-plan apartment sale in Dubai’s history. The transaction, valued at AED422 million, involved a 31,201-square-foot off-plan residential apartment sold at AED13,525 per square foot. The project also recorded another high-value deal, with a similar-sized unit selling for AED356.2 million at AED11,417 per square foot.

    The highest price per square foot during the month was recorded at South Square, Madinat Al Mataar, where a 1,230-square-foot off-plan residential apartment sold for AED19.9 million, equating to AED16,180 per square foot.

    The second-highest rate was at Aman Residences Dubai, where a 3,824-square-foot off-plan residential apartment sold for more than AED55.6 million at AED14,545 per square foot.

    Market Context

    The strong March performance comes as Dubai’s property market shows resilience amid ongoing regional tensions. Industry analysts note that the off-plan segment continues to attract both local and international investors, with move-in-ready properties and under-construction units both seeing strong demand.

    The data reinforces Dubai’s position as a leading real estate investment destination, with developers continuing to launch new projects and buyers maintaining confidence in the emirate’s long-term growth trajectory. As S&P Global Ratings recently noted, strong developer fundamentals and substantial revenue backlogs continue to support market stability.

  • Futura EDGE Launches Oak Yard Residences in Dubai’s JVC

    Futura EDGE has made its entry into the UAE real estate market with a 19-floor, 190-unit residential development in Jumeirah Village Circle, bringing institutional standards refined across European markets to one of Dubai’s most active residential communities.

    The company, which has delivered over 3 million square metres of residential and commercial real estate across the UK, Germany, Spain, and Eastern Europe since 2009, entered the project as both investor and main managing partner through a strategic investment in Yard Development, a local developer.

    Oak Yard Residences is scheduled for completion in the fourth quarter of 2026 in JVC District 10. The development features what the company describes as the largest gymnasium in JVC, along with an outdoor yoga area, Finnish and infrared saunas, a swimming pool, BBQ facilities, and over 1,000 square metres of outdoor space.

    Inside, a NextGen Workhub targets Dubai’s remote working community, while a biophilic kids’ zone and photocatalytic air purification system set indoor air quality standards ahead of typical market offerings. Every unit includes a private terrace and premium Italian and German interior finishes.

    The development also offers built-in rental management services designed to provide investors with a hands-off ownership experience.

    Futura EDGE has already begun construction on its second UAE project, located on Dubai Islands, with a public launch planned for May 2026. The move from JVC to one of Dubai’s emerging waterfront destinations signals the company’s escalating ambition in the emirate.

    The entry comes as Dubai’s property market rebounds with transaction volumes rising sharply in March 2026, while major residential allocations continue across the emirate.

    For Futura EDGE, the UAE expansion represents a calculated extension of a development philosophy built on fewer projects, higher standards, and longer-term thinking—a model the company has applied across multiple European markets over the past 17 years.

    Interested investors can contact the developer at 800663 9273 or via email at [email protected].