Tuesday, 02 January 2024 12:17 GMT

Dubai Real Estate Sales Hit AED48 Billion In April


(MENAFN- Mid-East Info) Market shows more resilience as monthly sales transactions lift to almost 14,000



Dubai, UAE, 4th May, 2026: The Dubai real estate market showed continued resilience in April, recording 13,977 sales transactions worth AED48 billion.

A market update issued today by fäm Properties showed that activity strengthened month-on-month, with sales volume rising 3.5% compared to March, while total sales value increased by 10.7%.

The strongest growth came in the commercial sector, including offices and shops, with 561 sales transactions valued at AED4 billion, up 33.9% YoY and 36.2% month-on-month.

Apartment sales were also up MoM by 6.5% to 11,377 transactions worth AED24.1 billion, while plot sales rose 34.7% MoM to 237 deals valued at AED6.6 billion. The average property price per sq ft was up by 16.1% YoY to AED1,840.

Data from DXBinteract revealed that primary sales again dominated in April, accounting for 10,563 sales transactions totalling AED35.8 billion, compared with 3,414 resales valued at AED12.2 billion.

“Last month's performance reflects the market's underlying strength, with steady demand across both residential and commercial segments,” said Firas Al Msaddi, CEO of fäm Properties.

“Despite ongoing geopolitical tensions, Dubai is benefiting from its reputation as a stable, transparent and well-regulated environment for investment. The continued dominance of primary sales also points to long-term confidence in the emirate's growth and development pipeline.”

For the second month in succession, Dubai South was the best-performing area, with 1,171 sales transactions valued at AED2.7 billion, marking its sixth consecutive month in the top five.

TOP FIVE PERFORMING AREAS IN APRIL 2026

Transactions Sales value

Dubai South 1,171 AED2.7B

Jebel Ali First 887 AED1.9B

Al Barsha South Fourth 828 AED1.0B

Wadi Al Safa 5 814 AED1.4B

Dubai Islands 732 AED2.8B

The most expensive apartment sold in April was a luxury property at Aman Residences Tower 2 at Jumeirah Second which fetched AED171 million.

Other luxury apartments sold for AED122 million at Baccarat Residence T1 at Downtown Dubai and AED118 million at Building C at Marsa Dubai. The most expensive villa went for AED76 million at Eden Hills.

With properties worth more than AED5 million accounting for 11.81% of sales, 12.65% were between AED3-5 million, 17.54% between AED2-3 million, 34.7% between AED1-2 million and 23.3% were below AED1 million.

BEST-SELLING PROJECTS IN APRIL 2026 Primary market apartments
Volume Value AED Median price AED
Creek Bay Tower B 198 584.0M 2.0M
Damac Lagoons – Valencia Tower A 155 142.6M 764K
Damac Lagoons – Valencia Tower B 150 133.0M 750K
Creek Haven Tower 144 385.6M 2.0M
Meriva Sunset 135 523.1M 3.2M
Primary market villas
Saih Shuaib 1 254 2.0B 6.6M
Dubai Investment Park First 74 106.3M 1.3M
Damac Islands 2 – Bahamas 2 45 140.5M 2.8M
Salva The Heights 43 353.5M 7.1M
Serro 2 The Heights 43 343.8M 8.0M
Re sale apartments
Citywalk Building 18a 64 363.3M 4.9M
The Polo Residence – A3 60 121.7M 1.8M
Ciel 44 38.6M 750K
The Hamilton 22 29.7M 1.5M
Peninsula Three 19 34.4M 1.8M

Resale villas
Damac Lagoons – Costa Brava (2) 15 51.7M 3.1M
Jumeirah Village Triangle 13 72.7M 5.6M
Rukan 3 11 14.8M 1.1M
Aura 10 51.9M 5.2M
Damac Lagoons – Santorini (1) 10 35.8M 3.6M

Ends

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Mid-East Info

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