UAE Real Estate Accelerates: AED422M Luxury Apartment Sale and AED6B in Transactions Within 72 Hours
The UAE’s real estate sector is experiencing robust growth, marked by a series of new project launches and ongoing construction activities throughout March 2026. This surge underscores the UAE’s position as a leading global investment destination, reflecting both the strength of the market and rising sales figures.
Record Sales in Dubai
In Dubai, the momentum for residential and commercial projects has intensified, highlighted by a landmark sale of a luxury apartment valued at AED422 million. This transaction ranks as the third most expensive apartment sale in the history of the market. Emaar Properties has introduced its Golf Valley residential project in Emaar South, featuring 262 housing units. Concurrently, National Properties, the real estate arm of National Bonds Corporation, has announced a new commercial tower in Barsha Heights, valued at AED500 million.
Zoya Developments has also made strides with the launch of the Nové project in Dubailand, backed by investments exceeding AED200 million. OAM Real Estate Development has unveiled Rise Residences in Warsan, showcasing a diverse range of real estate offerings that cater to ongoing demand.
Ambitious Developments and Projects
The Dubai Multi Commodities Centre has shared plans for the Uptown area, which includes an iconic tower projected to exceed 600 meters in height. Deyaar Development confirmed that construction activities across its portfolio are on schedule, with the Jannat project in the Midtown community of Dubai Production City set for completion within days, three months ahead of schedule. The company is preparing to deliver approximately 2,000 residential units across multiple projects in Dubai.
Azizi Developments has launched Creek Views 4 in Al Jaddaf, complementing previously delivered Creek Views 1 and Creek Views 2, while Creek Views 3 is on track for delivery in the second quarter of 2026, having reached 50 percent completion.
Dubai Investments Real Estate has reported steady construction progress in line with approved delivery schedules, achieving advanced completion rates across its projects. Binghatti Holding has noted that its construction activities are progressing as planned, with average weekly sales reaching around AED500 million since late February.
Continued Growth Across the UAE
Major developers such as Nakheel, Dubai Properties, and Meraas have confirmed that work is ongoing across all projects and service centers, maintaining their execution pace and delivery timelines. Beyond Developments has reported consistent progress in its construction efforts within its masterplan covering 8 million square feet in Dubai Maritime City.
DAMAC Properties highlighted the resilience of Dubai’s real estate market, which has demonstrated its capacity to maintain project execution momentum. This is attributed to the UAE’s stable regulatory environment, which enhances its appeal for long-term investments.
In Abu Dhabi, Aldar Properties Group has confirmed that its operational activities are progressing steadily. The group’s operations, which encompass residential communities, retail destinations, office assets, logistics facilities, hotels, schools, and development sites, are performing at full capacity amid strong operational and financial conditions. On February 10, the group launched the Baccarat Residences Saadiyat project in the Saadiyat Cultural District, comprising 77 residential units, including two- and three-bedroom apartments, several four-bedroom villas, and two penthouse units.
Modon has introduced the Tara Park project on Reem Island, emphasizing quality of life and integrated facilities with freehold ownership, further enhancing the emirate’s investment appeal. Ohana Development reported strong demand for the Manchester City Yas Residences project, which achieved sales of approximately AED6 billion within just 72 hours.
Sharjah’s Real Estate Activity
In Sharjah, Arada has awarded a contract worth AED183 million for the construction of a school within the Masaar community. This development coincides with a notable increase in real estate activity in the emirate, which recorded transactions worth AED4.6 billion during Ramadan. This marks a 71.8 percent increase, with the number of transactions rising to 7,299.
As reported by www.emirates247.com.
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Published on 2026-03-29 14:18:00 • By Editorial Desk
