Property Boom Highlighted by Major Deals

The UAE's real estate market continues its robust performance, marked by significant project launches and strong sales figures in March 2026. Dubai witnessed a surge in residential and commercial projects, highlighted by a record Dh422 million luxury apartment sale, the third most expensive in the market's history. Several developers, including Emaar Properties, National Properties, Zoya Developments, and OAM Real Estate Development, announced new projects, reflecting diverse offerings and sustained demand. Furthermore, Dubai Multi Commodities Centre unveiled plans for an iconic tower exceeding 600 meters in height, signaling continued growth.

Construction activity remains steady across various projects, with Deyaar Development nearing completion of the Jannat project ahead of schedule and preparing to deliver approximately 2,000 residential units. Azizi Developments launched Creek Views 4, while other developers like Dubai Investments Real Estate, Binghatti Holding, Nakheel, Dubai Properties, Meraas, Beyond Developments, and DAMAC Properties reported consistent progress and adherence to delivery schedules. This sustained momentum underscores the market's resilience and attractiveness for long-term investment, supported by the UAE's stable regulatory environment.

Beyond Dubai, Abu Dhabi and Sharjah also experienced significant activity. Aldar Properties Group reported strong operational performance across its diverse portfolio, including the launch of the Baccarat Residences Saadiyat project. Modon launched the Tara Park project, and Ohana Development reported substantial sales for the Manchester City Yas Residences project, reaching approximately Dh6 billion within 72 hours.

Sharjah saw robust real estate activity, with transactions totaling Dh4.6 billion during Ramadan, a 71.8 percent increase, and 7,299 transactions recorded. Arada awarded a contract to build a school within the Masaar community, further indicating the emirate's growth.