Despite the Tensions, Dubai Real Estate Sees Historic Sales in Ramadan

68.4 billion dirhams in total transactions

50 billion dirhams in sales

14.7 billion dirhams in mortgages

3.9 billion dirhams in gifts

During Ramadan 2026, Dubai’s real estate sector recorded remarkable sales of around 50 billion dirhams from 14,870 transactions, marking the highest performance for this month in the history of the emirate’s property market. This outcome reflects strong demand and a sustained investment momentum.

This achievement surpasses the Ramadan 2025 figures, which showed sales amounting to 46 billion dirhams through 14,710 transactions, highlighting a significant growth in real estate activity despite the ongoing regional uncertainties.

The increase demonstrates the continued appeal of Dubai’s real estate market to both local and international investors, supported by solid market fundamentals and a rising demand for property assets, especially given the stability of the investment environment in the emirate relative to regional developments.

Total real estate transactions reached 68.4 billion dirhams, resulting from 19,142 dealings between February 18 and March 18, 2026, compared to 63 billion dirhams from 18,511 transactions during Ramadan 2025.

The distribution of transactions during Ramadan 2026 was as follows: 50 billion dirhams in sales resulting from 14,870 deals, 14.7 billion dirhams in mortgages from 3,894 transactions, and 3.9 billion dirhams in gifts from 647 deals.

The Al Yalayis 5 area topped the sales value with 4.5 billion dirhams, followed by Al Yalayis 1 at 2.5 billion dirhams, and Palm Jumeirah at 2.2 billion dirhams. Diera Island came in fourth with 1.86 billion dirhams, and Business Bay finished fifth with 1.83 billion dirhams.

Noteworthy Transactions

During Ramadan 2026, the market witnessed several significant transactions, including the sale of a commercial plot in Dubai Marina valued at 1.7 billion dirhams, and another landmark deal in Al Sufouh Gardens for a land parcel worth 705 million dirhams.

Additionally, a luxurious apartment in the Jumeirah 2 area was sold off-plan for 422 million dirhams within the “Aman Residences Dubai” project, while another apartment in Palm Jumeirah fetched 226 million dirhams as part of “The Alba Residences by Amina.” Furthermore, a villa in the same area was mortgaged for 220 million dirhams.

Business

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