The property market in Dubai recorded a strong start to 2026, with total real estate transactions reaching Dh176.7 billion across nearly 48,000 deals in the first quarter, highlighting sustained investor confidence and steady price appreciation across residential segments.
According to data from fäm Properties, transaction values increased 23.4% year-on-year, while volumes grew 5.5%, reflecting a market where rising prices continue to play a key role in overall growth performance.
A separate report by Springfield Properties estimated Dh138.7 billion in transactions across more than 44,000 deals, reinforcing the trend of higher-value investments shaping market activity.
Off-plan segment leads market activity
Off-plan properties remained the primary growth driver, accounting for nearly 70% of total transaction value and volume. Continued project launches and attractive pricing in emerging communities supported strong buyer interest.
In March alone, the market recorded over 10,300 off-plan transactions worth Dh31.2 billion, demonstrating sustained demand despite broader regional uncertainties.
Industry leaders highlighted that the sector continues to show resilience, supported by strong fundamentals and long-term investment appeal.
Residential prices remain stable and competitive
Residential property prices continued to strengthen across apartments and villas. Average prices reached approximately Dh1,949 per square foot, while off-plan apartments averaged around Dh2,100 per square foot and secondary-market villas remained close to Dh2,354 per square foot.
Villa segments recorded particularly notable gains, reflecting increasing demand for larger family homes and lifestyle-oriented communities.
Investors and end-users sustain demand
Market performance continues to be supported by both long-term investors and end-users seeking stable returns and quality living environments. Buyers are increasingly focusing on value alignment, community infrastructure and product quality before making purchase decisions.
Key residential hubs attract strong activity
Transaction volumes remained concentrated in popular residential locations such as Dubai South, Jumeirah Village Circle, Al Barsha South Fourth, and Al Yelayiss, where new developments and competitive pricing continue to attract investors.
Luxury property transactions also remained active, reinforcing Dubai’s reputation as a leading global destination for premium real estate investment.
Rental sector maintains momentum
The rental market also performed strongly, recording more than 139,000 transactions, supported by population growth and continued tenant inflows into the emirate.
Overall, sustained off-plan demand, stable pricing trends and consistent transaction activity indicate that Dubai’s real estate sector is well-positioned to maintain growth momentum throughout the coming quarters 📈.
