31/03/2026
The Dubai luxury property market recorded AED 10.92 billion ($2.97 billion) in developer sales in March, with transaction volumes rising 42 per cent year on year to 900 deals despite the regional conflict.
The figures, based on activity over the first 24 days of the month, indicate sustained demand at the top end of the market despite regional geopolitical tensions and the seasonal slowdown typically associated with Ramadan, according to analysis by Keturah.
In the AED 20 million to AED 50 million segment, 79 transactions were recorded with a combined value of AED 2.36 billion, including six off-plan villas sold for between AED 43 million and AED 50 million.
Data from DXBinteract showed that 16 transactions in the AED 50 million to AED 100 million bracket totalled AED 1.04 billion, including nine off-plan apartments sold for between AED 51 million and AED 92 million.
Talal M. Al Gaddah, CEO and Founder of Keturah, said: “In the circumstances, these figures represent a powerful signal of confidence in Dubai’s premium real estate offering.
We’re seeing sustained demand at the top end of the market, even during a period marked by regional geopolitical tension. In addition, real estate activity historically slows during Ramadan, and it’s significant that prime property in Dubai has continued to attract serious capital.”
Read more: https://www.arabianbusiness.com/real-estate/dubai-luxury-property-market-hits-2-97bn-in-march-as-sales-rise-42-despite-geopolitical-tensions