Dubai property sales hit Dh176.7 billion in Q1 2026 as off-plan demand and prices remain strong


Prices remain stable across all segments

Price trends remained strong in both apartments and villas, with premium assets continuing to attract buyers.

Springfield Properties said average house prices reached Dh1,949 per square foot, with off-plan apartments averaging Dh2,100 and secondary villas holding at Dh2,354 per square foot.

House prices showed sharper gains in some segments, with median values ​​in the primary market rising sharply, reflecting sustained demand for larger homes.

Demand driven by investors and end users

Market activity continues to be supported by a mix of long-term investors and end users, with buyer behavior shifting towards more selective and value-oriented decisions.

“The market is remaining strong, supported by a depth of demand driven by long-term investors and end-users who see Dubai as a strategic destination for capital,” said Farooq Syed, CEO of Springfield Properties.

He added that buyers are becoming more intentional in their approach, focusing on price alignment, product quality and long-term community value.

Key areas attract activity

Transaction volumes remained concentrated in key residential hubs including Dubai South, Jumeirah Village Circle and emerging districts offering new supply and competitive prices.

Areas such as Al Barsha South Fourth and Al Yelayiss also saw strong activity, driven by new developments and investor interest in growth corridors.

Luxury transactions continued to feature at the top of the market, with high value sales reinforcing Dubai’s position as a global destination for prime real estate.

Rental demand remains strong

The rental market also showed resilience, with over 139,000 transactions recorded, reflecting continued population growth and tenant inflows.

Increased demand for housing is supporting both rental activity and long-term investment in residential assets.

The latest data points to a market that remains stable and supported by strong fundamentals, even as global conditions change.

Sustained off-plan demand, rising prices and stable transaction volumes indicate that Dubai’s property sector continues to attract capital, with momentum likely to continue in the coming quarters.

Nivetha Dayanand is Assistant Business Editor at Gulf News, where she spends her days unpacking money, markets, aviation and the big changes shaping life in the Gulf. Before returning to Gulf News, she launched Finance Middle East, complete with a podcast and video series. Her reporting has taken her from breaking news to feature-length shows and high-profile interviews. Nivetha has interviewed Prince Khaled bin Alwaleed Al Saud, Indian ministers Hardeep Singh Puri and N. Chandrababu Naidu, the IMF’s Jihad Azour, and a long list of CEOs, regulators and founders who are reshaping the region’s economy. An Erasmus Mundus journalism alum, Nivetha has shared classrooms and newsrooms with journalists from more than 40 countries, which perhaps explains her weakness for data, context and a good follow-up question. When she’s away from her keyboard (AFK), you’ll most likely find her at the gym with an Eminem playlist, enjoying One Piece, or exploring games on her PS5.



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