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Tag: off-plan sales

  • Dubai’s 2026 Housing Pipeline Shows 83% Pre-Sale Absorption

    Dubai’s 2026 Housing Pipeline Shows 83% Pre-Sale Absorption

    Of the 96,585 homes due for completion in 2026, developers have sold 80,127 units, representing an absorption rate of 82.9 percent, according to market analysis from fäm Properties released on August 21. The figure includes 91,209 apartments with 82 percent absorption and 5,376 villas recording 95 percent pre-sales.

    Dubai currently has 564,072 residential properties under construction, with the majority scheduled for handover by 2028. Buyers have already purchased 425,863 of these units, delivering an overall absorption rate of 75.5 percent across the emirate’s development pipeline.

    Villas have attracted particularly strong demand. Of 68,297 villas currently being built, developers have sold 58,349 units, achieving an 85.4 percent absorption rate. Apartments account for the bulk of construction activity, with 495,775 units in progress and 367,514 already sold, representing 74.1 percent absorption.

    Communities Recording Full Absorption

    Data from DXBinteract shows that several communities have reached 100 percent absorption for units scheduled for 2026 delivery. Al Wasl recorded complete pre-sales for 637 apartments due this year, while villa communities including Wadi Al Safa 5 with 854 units, Nad Al Sheba First with 235 homes and Al Hebiah Sixth with 476 properties have sold their entire 2026 inventory.

    Palm Jumeirah has sold 93.5 percent of 2,397 apartments scheduled for completion in 2026, while Jumeirah Lakes Towers recorded 92.8 percent absorption across 2,324 units due for handover this year.

    Downtown Dubai has 6,248 apartments under construction with 92.2 percent already sold. Among the 3,981 apartments scheduled for handover there in 2026, the absorption rate rises to 96.6 percent. Business Bay maintains a pipeline of 30,317 apartments currently being built, of which 82.8 percent have been sold, with absorption reaching 88.7 percent among the 16,938 apartments due for delivery this year.

    Investors commit to buying properties before completion because they have confidence in Dubai, its transparent regulatory framework and the consistent quality being delivered by developers.

    Firas Al Msaddi, CEO of fäm Properties, attributed the strong pre-sales to buyer confidence in the emirate’s regulatory environment and developer track record.

    Villa Communities Lead Absorption

    Several villa locations are recording absorption rates above 94 percent across homes still under construction. Al Hebiah Fifth has sold 98.7 percent of 2,060 villas, while Nad Al Sheba First reached 98.2 percent across 1,569 units. Wadi Al Safa 5 recorded 96.4 percent absorption across 8,216 villas, while Al Yufrah stands at 94.7 percent across 6,429 units and Dubai South at 94.5 percent across 5,698 properties.

    Other areas showing high apartment absorption rates include Ras Al Khor, where developers have sold 93.5 percent of 6,950 units, and Al Barsha South 2, where the rate stands at 85 percent across 12,655 apartments.

    The high absorption rates coincide with accelerating supply. Dubai completed 24,537 new units in the first half of 2026, up 36 percent from 18,043 during the same period in 2025. A total of 104 real estate projects were completed during the six months, compared with 75 in the first half of 2025, an increase of 38.7 percent. Their combined investment value exceeded Dh111 billion, up 52 percent from Dh73 billion year-on-year.

    Completed built-up area increased 23.4 percent to 1.95 million square metres, compared with 1.58 million square metres in the first half of 2025. The value of land allocated to projects rose to Dh19.46 billion from Dh8.27 billion a year earlier, marking a 135 percent increase.

    Al Msaddi noted that Dubai’s population, which has surpassed 4.58 million, and its base of more than 80,000 millionaires continue to support demand across residential segments. The absorption figures indicate that buyers remain confident in committing capital to properties ahead of completion, underpinning developer cash flows and sustaining construction activity across the emirate’s expanding development sector.

  • Dubai Off-Plan Market Attracts Buyers Across All Price Segments in H1 2026

    Dubai Off-Plan Market Attracts Buyers Across All Price Segments in H1 2026

    Bayut’s first-half 2026 Dubai Sales Market Report has revealed that off-plan residential demand is no longer concentrated within a single pricing category. Instead, buyers with markedly different budgets are actively considering projects across affordable, mid-tier, luxury and ultra-luxury segments.

    The findings point to an increasingly diverse buyer population evaluating different locations and property types. While price and payment flexibility remain important, purchasers are also weighing connectivity, community appeal and prospects for long-term value when making final decisions.

    Price Range Spans Entry to Premium

    Average prices among popular off-plan apartment projects highlighted by Bayut ranged from just over Dh600,000 at Dubai Investment Park 1 in the affordable category to almost Dh12 million at The Crescent on Palm Jumeirah in the ultra-luxury segment.

    The price range was wider for villas. Verdana 2 in Dubai Investment Park had an average value of Dh1.31 million, while The Palm Crown on Palm Jumeirah averaged Dh31.92 million. The comparison illustrates the scale of opportunities available to purchasers with different budgets and investment goals.

    The Palm Beach Towers, The Crescent and Bluewaters Bay were among the leading off-plan apartment projects attracting interest in the ultra-luxury category. City Walk, Sobha One and Riverside Crescent stood out in the luxury apartment segment, while JVC District 11, JVT District 4 and Dubai Healthcare City Phase 2 appeared among preferred choices for mid-tier buyers.

    For purchasers seeking more accessible entry prices, International City Phase 2, the Residential District in Dubai South and Dubai Investment Park 1 were among popular affordable off-plan apartment options.

    Buyer Priorities Evolve Beyond Payment Plans

    Akash Kanjwani, founder and group chief executive officer of Sky View Real Estate and Sky View Developments, said off-plan property continues to attract buyers by providing flexibility, choice and access to emerging communities.

    “Today’s buyers are considerably better informed and ask detailed questions about developers, locations, nearby infrastructure and how communities will function after completion. A payment plan may generate initial interest, but the project’s underlying fundamentals are playing a greater role in the final purchasing decision,” Kanjwani said.

    That shift means buyers are increasingly evaluating the entire proposition rather than using price as their only measure. Community quality, accessibility, amenities, the developer’s record and expected future demand are becoming more influential throughout the decision-making process.

    Fibha Ahmed, vice president of property sales at Bayut, said the first-half data showed that Dubai’s off-plan market was attracting a remarkably varied group of buyers whose motivations were becoming increasingly specific.

    “Purchasers are no longer making only a general choice between off-plan and ready homes. They are comparing individual projects using price, location, lifestyle, connectivity, potential rental performance and future value,” Ahmed said.

    She added that the breadth of prices and communities generating interest demonstrated the depth of Dubai’s off-plan sector and reflected a buyer base applying greater information and deliberation when assessing opportunities.

    Market Context and Transaction Activity

    Bayut’s buyer-interest findings sit within a property market that entered 2026 with substantial transaction activity. Dubai Land Department’s first-quarter data showed total real estate transactions reaching Dh252 billion, 31 percent more than a year earlier, while the number of transactions increased 6 percent to 60,303.

    Real estate investments reached Dh173 billion through 57,744 deals during the quarter, increasing 22 percent in value and 7 percent in number. Dubai’s investor base expanded 8 percent to 48,448 people, including 29,312 new investors, 14 percent more than a year earlier.

    Foreign investment rose 26 percent to Dh148.35 billion, while GCC nationals completed 3,228 investments worth Dh12.23 billion. The breadth of capital entering the market supports the portrayal of demand extending beyond one buyer profile or pricing category.

    Bayut’s separate price index placed Dubai’s advertised off-plan price at Dh1,894 per square foot in June 2026, up 5.38 percent over 12 months. The displayed averages varied sharply by unit size, from Dh1,773 per square foot for studios and Dh1,779 for one-bedroom apartments to Dh3,862 for four-bedroom apartments and Dh5,650 for apartments with at least five bedrooms.

    Villa figures ranged from Dh977 per square foot for two-bedroom homes to Dh2,394 for six-bedroom properties, further illustrating how product type and scale shape entry costs.

    Off-Plan Growth Extends 2025 Trends

    The latest findings extend trends visible throughout 2025. Bayut’s annual report said Dubai recorded 134,623 off-plan sales worth Dh293 billion that year, with off-plan properties representing 62.6 percent of total sales transactions.

    Developers launched 446 off-plan projects in 2025, compared with 428 in 2024. Emaar Properties led with 49 launches and 16,829 transactions. Jumeirah Village Circle recorded 12,285 off-plan apartment transactions, while Business Bay had the highest average apartment transaction price among highlighted areas at Dh2.38 million.

    Dubai recorded more than 270,000 property transactions worth Dh917 billion in 2025, a 20 percent annual increase. Investments exceeded Dh680 billion across 258,600 deals, while the investor population expanded 24 percent to approximately 193,100.

    This expansion supports the emirate’s 2033 strategy, which aims to increase real estate transactions by 70 percent, lift market value to Dh1 trillion, raise homeownership to 33 percent and double the sector’s economic contribution to roughly Dh73 billion.

    As Dubai continues expanding its residential inventory, Bayut expects off-plan property to remain an important part of the market, with buyers likely to continue balancing affordability and payment flexibility against project fundamentals and long-term potential. UAE’s top 10 developers sold Dh113.7 billion in the first half of 2026, reflecting sustained momentum across the sector.

  • Modon Sells Dh1.25 Billion Bashayer Homes in One Day

    Modon Sells Dh1.25 Billion Bashayer Homes in One Day

    The sellout marks another milestone for Abu Dhabi’s residential market, with 71% of buyers reported as new customers, signaling expanding demand beyond the emirate’s existing investor base.

    The final phase of Bashayer includes a mix of one-, two- and three-bedroom apartments, four-bedroom penthouses, and newly introduced two- and four-bedroom townhouses, adding to the development’s residential diversity.

    Located on Hudayriyat Island, the waterfront community is designed around outdoor living and shared amenities. Its centerpiece is a 3.5-kilometre waterfront promenade with walkable piers extending over the water, providing residents with walking paths and recreation areas along the coast.

    Additional facilities include landscaped parks, a fully equipped gym, hydrotherapy facilities, children’s play areas, and retail outlets integrated into the community layout.

    Modon stated that the strong response highlights continued demand for high-quality residential developments in Abu Dhabi and growing interest in waterfront communities that offer modern homes combined with lifestyle amenities.

    Bashayer forms part of the wider development of Hudayriyat Island, which continues to expand its residential, leisure and tourism offerings as part of Abu Dhabi’s broader infrastructure strategy.

    The rapid sellout follows a pattern of strong absorption rates in Abu Dhabi’s waterfront and island developments, where limited coastal inventory and lifestyle-focused design have driven premium pricing and investor confidence.

    In June 2026, Modon and Abu Dhabi Islamic Bank introduced the emirate’s first off-plan home financing solution, enabling eligible buyers to access up to 75% financing during the construction phase — a move that may have contributed to increased purchasing power among end-users and investors alike.

    The company has invited prospective buyers and investors interested in future projects to register their interest through its official channels as it continues to expand its Abu Dhabi portfolio.

  • Dubai Ready-Home Transactions Surge 46.8% in Strongest Monthly Rise Since 2023

    Dubai Ready-Home Transactions Surge 46.8% in Strongest Monthly Rise Since 2023

    The emirate’s residential market recorded robust transaction activity in June even as the ValuStrat Price Index edged down to 220 points from 222.1 in May, bringing the cumulative decline in values since February 28 to 10%.

    Annual price growth remained broadly stable at 0.1%, with villa values easing to 293.7 points and apartment values slipping to 169.1 points against a January 2021 base of 100.

    Off-Plan Dominates Market Activity

    Registration for Oqood, Dubai Land Department’s official system for off-plan properties, rose 32% month-on-month and accounted for 75% of all residential sales in June, though registrations were 16% lower on an annual basis.

    The top property developers by transaction volume were Azizi (28.6%), Damac (7%), Binghatti (6.8%), Emaar (6.6%), Nakheel (3.8%), and Ellington (3.6%). Leading off-plan locations included Azizi Venice (26.1%), Dubailand Residence Complex (4.3%), Jumeirah Village Circle (4.1%), Jumeirah Islands (3.2%), and Majan (2.9%).

    Ultra-Prime Segment Remains Active

    A total of 19 ready-property transactions exceeded Dh30 million in June, including five deals priced above Dh50 million. These ultra-prime sales were concentrated across Palm Jumeirah, Dubai Hills Estate, Emirates Hills, Al Barari, Jumeirah Islands, Downtown Dubai, and DIFC.

    Villas and Apartments Show Mixed Performance

    Villa capital values declined 1.2% month-on-month, while apartment values dropped 0.6%. On an annual basis, the strongest villa gains were recorded in Jumeirah Islands (17.9%), Emirates Hills (10.7%), The Meadows (10%), The Villa (7.8%), and Mira (5.7%).

    However, declines were seen in Mudon (-5%), Victory Heights (-4%), International City (-3.2%), and Dubai Hills Estate (-2.8%). None of the villa communities tracked by the VPI posted monthly gains in June.

    Dubai’s older freehold villa communities are now valued 188% above post-pandemic levels and 76% above the 2014 market peak.

    The apartment VPI was down 3% year-on-year. DIFC led annual gains at 8.1%, followed by Dubai Sports City (6.6%), Dubai Silicon Oasis (6.4%), and Al Quoz Fourth (6%). By contrast, Burj Khalifa (-16.7%), Jumeirah Beach Residence (-13%), and Town Square (-5.7%) posted the sharpest annual declines.

    International City Phase 2 (0.1%) was the only community to register a marginal monthly gain. Overall, older freehold apartment prices remain 70% above post-pandemic levels but 8% below the 2014 market peak.

    The June performance comes as the UAE property market enters a mature phase, with investor sentiment remaining broadly positive despite continued appetite for premium assets and waterfront developments.

  • Dubai Posts Second-Highest Half-Year Real Estate Sales at $77.88 Billion

    Dubai Posts Second-Highest Half-Year Real Estate Sales at $77.88 Billion

    The sales figures included 71,500 residential unit deals, 7,296 building transactions, and 7,129 land sales, falling just short of the record AED326.6 billion achieved in the first half of 2025.

    Sales of ready-built properties accounted for the largest share of total sales, topping AED146.7 billion through 27,200 transactions, comprising 18,300 residential units, 1,738 buildings, and 7,135 land plots. Off-plan property sales reached AED139.8 billion through 58,800 transactions, divided into 53,270 residential units and 5,563 buildings.

    The value of mortgage transactions exceeded AED102 billion through more than 22,000 deals in the first half of 2026, while gift transactions amounted to AED31.4 billion through 4,501 transfers.

    The total value of real estate transactions in Dubai during the first six months reached approximately AED419.94 billion through 112,850 transactions. In the second quarter alone, sales exceeded AED110 billion from 38,300 deals, with mortgages totaling AED42.6 billion and gifts reaching AED16 billion.

    “The results achieved by Dubai’s real estate market during the first half of 2026 confirm the sector’s resilience and ability to continue growing,” said Walid Al Zarooni, W Capital CEO. “Recording the second-highest half-year sales in the market’s history, despite being compared to an exceptional year like 2025, reflects the continued genuine demand for real estate, the high levels of confidence among local and international investors, and the strong economic fundamentals underpinning the market.”

    Al Zarooni emphasized that the record performance is no longer a temporary phenomenon, but rather a reflection of a sustainable growth trajectory supported by an ambitious government vision, a flexible legislative framework, world-class infrastructure, a competitive tax environment, and the continued development of high-quality projects that meet the needs of various investor segments.

    These factors have made Dubai one of the most attractive and stable real estate destinations globally, enhancing its ability to attract capital and high-net-worth individuals from various markets, he added.

    Looking ahead to the second half of 2026, Dubai’s real estate market holds very positive indicators, given the continued population growth, rising demand for residential units, the expansion of international companies establishing their headquarters in Dubai, and the ongoing launch of new world-class projects.

    Al Zarooni noted that the improvement in global geopolitical conditions and the easing of tensions compared to the past will boost investor confidence and increase global investment appetite, which will positively impact markets characterized by stability and transparency, foremost among them Dubai.

    “All current indicators point to continued strong market performance in the second half of the year, with the potential to reach new record levels in real estate sales and transactions,” Al Zarooni stated.

    The performance aligns with broader trends across the UAE property sector, where large-scale land transactions and record project launches have characterized the first half of the year. Meanwhile, high-supply communities are beginning to offer tenants more negotiating power as delivery volumes rise in select areas.

    Supported by robust economic growth, continued foreign direct investment inflows, sustained expansion in non-oil sectors, and increasing population numbers, 2026 is positioned to be among the best years in the history of Dubai’s real estate market, according to W Capital.

  • Abu Dhabi Home Sales Rebound in April with 3,200 Transactions

    Abu Dhabi Home Sales Rebound in April with 3,200 Transactions

    Residential property activity in Abu Dhabi demonstrated resilience through March and April, with transaction volumes and values in April returning to levels seen earlier in the year, according to new market insights released by the Abu Dhabi Real Estate Centre (Adrec).

    Data covering the past eight weeks shows that residential unit sales softened slightly in March before gathering pace again in April. Around 2,600 residential transactions were recorded in March, compared with approximately 2,700 in January and 3,100 in February. April saw more than 3,200 residential unit sales, surpassing transaction volumes from the first two months of the year.

    In value terms, April marked a strong month, with residential sales exceeding Dh13 billion, reflecting sustained buyer interest despite broader price stability across the market.

    Adrec noted that ready unit sales provide the clearest indication of near-term demand, as they reflect immediate purchasing decisions rather than forward commitments typically associated with off-plan transactions. Over the eight-week period, ready sales broadly tracked recent historical averages, with March recording 482 transactions worth around Dh1.2 billion. In April, ready sales recovered to 529 units with transaction values returning to around Dh1.6 billion, in line with earlier norms.

    Off-plan development activity remained steady over the period, with several major projects launched across the emirate. These included Modon’s Tara Park, Ohana Development’s Manchester City Yas Residences, Aldar’s Yas Park Place and Sobha City Abu Dhabi, underscoring continued confidence among developers and a steady pipeline of new supply entering the market. The Tara Park sell-out on Reem Island generated approximately AED2 billion in sales.

    On pricing, listing data suggested limited downward pressure. Roughly 90 per cent of residential listings recorded no change or posted price increases. Where reductions were made, they were generally modest, with between 85 per cent and 90 per cent of adjusted listings seeing decreases of less than 10 per cent, pointing to contained and selective repricing rather than broad-based declines.

    The rental market continued to expand, with the total number of active leased residential units rising steadily on a week-by-week basis throughout 2026. Adrec noted that while growth has moderated in line with trends seen over the past two to three years, high occupancy levels continue to underpin leasing activity across the emirate.

    The emirate’s performance follows the second-strongest quarter on record in Q1 2026, when transaction volumes in Abu Dhabi City exceeded 7,200 deals, just below the all-time peak of 7,600 recorded in Q4 2025.

    Adrec said the latest data release is part of its ongoing efforts to improve transparency and provide market participants with clearer insight into evolving real estate trends in Abu Dhabi, with transaction indicators and performance data available through its official platform.

  • UAE Real Estate Records AED6 Billion Yas Island Sale in March 2026

    UAE Real Estate Records AED6 Billion Yas Island Sale in March 2026

    The UAE’s property market continued to strengthen its position as a premier global real estate destination throughout March 2026, driven by record-breaking demand, rapid project launches, and sustained investor confidence across all major emirates.

    Abu Dhabi led the performance surge with the Yas Island project achieving AED6 billion ($1.63 billion) in sales, with all units selling out within 72 hours of launch. The exceptional sales velocity reflects the continued appetite for premium residential developments in the capital.

    Dubai’s market maintained robust activity, with AED10 billion in transactions completed within a single 10-day period. The emirate also recorded the third-highest residential deal in its history, with a luxury apartment transaction valued at AED422 million ($114.9 million), underscoring continued demand at the ultra-high-end segment.

    Sharjah’s property sector experienced remarkable growth during Ramadan, with transactions surging 72% to reach AED4.6 billion, demonstrating the emirate’s growing appeal among investors and end-users alike.

    The accelerating pace of developments and the growth in transactions across all three emirates illustrate the durability of the UAE property market and its international status as a dependable long-term investment location. Industry observers note that the consistent volume of fresh development launches and ongoing construction activity throughout March 2026 reflects both developer confidence and sustained buyer demand.

    Market trends observed during the period include record-breaking demand across residential segments, strong investor confidence despite regional uncertainties, and rapid project launches meeting immediate market absorption. The performance across specific regions highlights the diversification of investment flows beyond Dubai, with Abu Dhabi and Sharjah capturing significant market share.

    The sustained momentum in the UAE’s property sector aligns with broader economic fundamentals, including population growth, infrastructure development, and the country’s position as a safe haven for international capital. The off-plan segment continues to drive activity, supported by competitive pricing and flexible payment plans offered by developers.

    As the market enters the second quarter of 2026, the strong performance in March sets a positive trajectory for continued growth, with several major project launches anticipated across all emirates in the coming months.

  • 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.

  • Dubai Real Estate Sales Surge 18% to $16.5 Billion in February 2026

    Dubai Real Estate Sales Surge 18% to $16.5 Billion in February 2026

    Dubai’s real estate sector maintained exceptional momentum through February 2026, with transaction values climbing 18.14% year-on-year despite evolving market dynamics across property segments. According to Dubai Land Department data, total sales reached 16,959 deals generating AED60.60 billion ($16.5 billion), representing a 5% increase in volume compared to February 2025.

    Off-plan properties dominated market activity, accounting for 10,526 transactions or approximately 62% of total sales, while ready properties recorded 6,437 deals representing 38% of the market.

    Apartments Drive Residential Growth

    The apartment segment emerged as the primary growth driver, with transactions rising from 11,385 sales worth AED21.7 billion in February 2025 to 12,820 deals totaling AED26.6 billion in February 2026. The villa market experienced a sharp contraction, with transactions declining from 3,966 deals valued at AED19.7 billion to just 1,563 sales worth AED6.4 billion year-on-year.

    Commercial property demonstrated exceptional performance, with transactions surging from 443 sales valued at AED1.2 billion to 717 deals totaling AED9.54 billion—a near eight-fold increase in value.

    “Hitting over AED60 billion in sales volume solidifies Dubai’s position as one of the globe’s most resilient and desirable real estate hubs. This surge is driven by a balanced blend of end-user demand and enduring investor confidence,” said Tara Khan, Sales Director of Kelt and Co Realty.

    Khan noted that the market has reached a mature phase with steady price growth, strategically managed supply, and buyer involvement across both emerging and established communities.

    Transaction Activity Concentrated in Key Districts

    By volume, Jumeirah Village Circle led with 1,146 transactions, reaffirming its status as one of Dubai’s most active residential hubs. Al Yelayiss 1 followed with 916 deals, Madinat Al Mataar recorded 828 transactions, while Dubai Land Residence Complex registered 750 sales and Business Bay closed the top five with 733 deals.

    In value terms, Al Yelayiss 1 dominated with AED5.38 billion in sales, followed by Al Yelayiss 5 at AED2.41 billion and Me’Aisem Second at AED2.27 billion. Business Bay generated AED2.21 billion, while Palm Jumeirah reached AED1.89 billion, driven by continued demand for ultra-prime waterfront properties.

    Ultra-Luxury Transactions Define Upper Tier

    Among apartments, The Alba Residences by Omniyat topped the list with a AED225.97 million sale, followed by Peninsula Dubai Residences – Tower 2 at AED210 million. Solara Tower Dubai recorded a transaction worth AED113.66 million, while Passo by Beyond achieved AED98 million and Como Residences closed at AED63.5 million.

    In the villa segment, EOME at Palm Jumeirah led with a sale valued at AED115 million. Zaya Zuha Island at The World Islands featured multiple transactions at AED68.58 million, while Amali Island at The World Islands recorded a sale of AED68.4 million.

    The February performance follows Dubai’s landmark 2025, when the emirate’s population exceeded four million residents as property transactions approached Dh900 billion. The market has transitioned toward structured capital allocation, with strategic capital now accounting for approximately 40% of transactions.

    Market fundamentals remain supported by expanding business activity and tight inventory, particularly in the office sector where limited Grade A supply continues to drive investment activity across commercial segments.