From Dh422m luxury sale to Dh6bn sell-out in 72 hours: UAE market hits new highs in March
Dubai leads with luxury sales and ambitious tower developments
DUBAI – The UAE’s real estate sector maintained a strong upward trajectory in March 2026, marked by a surge in project launches, sustained construction activity and robust sales across major emirates.
The pace of development reflects continued investor confidence and reinforces the country’s position as a leading global property destination.
Developers across Dubai, Abu Dhabi and Sharjah reported steady execution timelines alongside increasing demand across residential and commercial segments.
Dubai momentum
Dubai led the market with notable project launches and record-breaking transactions. Among the standout deals was a luxury apartment sale valued at Dh422 million, ranking as the third most expensive apartment transaction in the emirate’s history. The sale underscored sustained appetite for ultra-prime properties.
Developers continued to expand offerings across key communities. Emaar Properties announced Golf Valley within Emaar South, featuring 262 residential units. National Properties unveiled a Dh500 million commercial tower in Barsha Heights, adding to the emirate’s office inventory.
Further diversifying supply, Zoya Developments launched the Nové project in Dubailand with investments exceeding Dh200 million, while OAM Real Estate Development introduced Rise Residences in Warsan. These launches highlight the breadth of developments catering to varied investor segments.
Projects pipeline
Large-scale masterplans and infrastructure continued to shape Dubai’s skyline. Dubai Multi Commodities Centre revealed additional details for its Uptown district, including plans for a landmark tower exceeding 600 metres in height.
Construction progress remained consistent across developers. Deyaar Development confirmed that its Jannat project in Midtown, Dubai Production City, is nearing completion three months ahead of schedule, with approximately 2,000 residential units set for delivery across multiple projects.
Azizi Developments launched Creek Views 4 in Al Jaddaf, building on earlier phases, with Creek Views 3 reaching 50 percent completion and on track for delivery in the second quarter of 2026. Meanwhile, Dubai Investments Real Estate and Binghatti Holding reported steady construction progress, with Binghatti recording average weekly sales of around Dh500 million since late February.
Major master developers including Nakheel, Dubai Properties and Meraas confirmed uninterrupted work across projects, maintaining delivery schedules. Beyond Developments also reported steady progress across its 8 million square foot masterplan in Dubai Maritime City.
Abu Dhabi growth
In Abu Dhabi, Aldar Properties reported stable operations across its diverse portfolio, including residential, retail, hospitality and logistics assets, all operating at full capacity.
The developer’s Baccarat Residences Saadiyat project, launched in February within the Saadiyat Cultural District, features 77 units, including apartments, villas and penthouses, aimed at the high-end segment.
Elsewhere, Modon introduced Tara Park on Reem Island, focusing on integrated living and freehold ownership. Ohana Development reported strong demand for Manchester City Yas Residences, with sales reaching approximately Dh6 billion within 72 hours of launch, reflecting significant investor interest.
Sharjah activity
Sharjah also recorded heightened activity during the Ramadan period. Arada awarded a Dh183 million contract to construct a school within the Masaar community, supporting infrastructure development in line with residential expansion.
The emirate registered property transactions worth Dh4.6 billion during Ramadan, marking a 71.8 percent increase compared to previous periods. The total number of transactions rose to 7,299, indicating sustained growth in market participation and investor engagement across the northern emirate.