This confidence is supported by figures: in April 2026, the volume of real estate transactions in the emirate reached 68.56 billion dirhams (18.67 billion US dollars), which is 20% more than in March. The key driver was sales of residential apartments under construction, which showed the best result since the beginning of the year - 19.7 billion dirhams.
The project remains the leader in sales of apartments under construction for the fourth month in a row Dubai Islands - 2.6 billion dirhams for April. Overall, in the first four months of 2026, total sales in the area exceeded 7.9 billion dirhams.
There have also been two mega-deals on the market: apartments at Aman Residences Dubai went for 171 million dirhams (about 17,100 dirhams per square foot), and a facility at Baccarat Hotel & Residences Dubai for 121.8 million dirhams.
At the same time, the commercial sector (offices and shops) showed the strongest growth - by 33.9% year-on-year. Apartment sales increased by 6.5% compared to the previous month, and land sales increased by almost 35%.
Analysts believe that the market benefits from Dubai's reputation as a stable and transparent investment destination. The dominance of initial sales (more than 10.5 thousand transactions versus 3.4 thousand resales) indicates the long-term confidence of buyers.
The average price of real estate per square foot increased by 16.1% year-on-year, to 1,840 dirhams, which confirms the steady demand in both residential and commercial segments.
Sources: Bloomberg, Economy Middle East