Dubai’s real estate market witnessed notable activity during the first week of March 2026, highlighted by a series of large transactions. A total of 16 major deals each exceeded $13.6 million (AED 50 million), according to official data released by the Dubai Land Department and reported by the Al Khaleej Newspaper in the UAE.
The total value of these major real estate transactions surpassed $603.8 million (AED 2.216 billion) during the first week of the month. Meanwhile, the total value of all recorded property sales in the emirate during the same period reached approximately AED 8.48 billion, distributed across 2,632 transactions.
The most prominent deal was the sale of a luxury six-bedroom residential unit in Jumeirah 2 valued at $114.9 million (AED 422 million). The property includes eight parking spaces, making it the third most expensive apartment ever sold in Dubai.
Investment land also maintained its strong appeal, with several areas recording major transactions. Notable locations included Muhaisnah Fourth, Palm Jumeirah, Jumeirah Lakes Towers, and Al Raffa, where deals ranged between $25.3 million and $30 million (AED 93–110 million).
In other areas, additional real estate assets were sold, including land in Dubai Silicon Oasis worth $24.7 million (AED 90.5 million) and land in Dubai South valued at $24.5 million (AED 90 million). Meanwhile, a commercial office in Palm Jumeirah was sold for $21.8 million (AED 80 million). Several luxury apartments were also sold in areas such as Dubai Marina, Palm Jumeirah, and Dubai Investments Park, with prices ranging between $16.2 million and $17 million (AED 59–62.3 million).
According to Al Khaleej, these figures reaffirm the continued strong demand for luxury real estate in Dubai. This demand is largely driven by the emirate’s position as a global investment hub and the ongoing inflow of capital seeking high-end and premium-quality properties.
