Dubai’s luxury real estate market recorded sales worth $3 billion during March 2026, with an annual increase in the number of transactions by 42% to reach 900 deals.
Market analysis showed that properties priced between $5.45 million and $13.62 million accounted for 79 transactions valued at $643 million, including 6 villas under construction. The largest deals included 16 properties totaling $283 million. Talal Muwafaq Al-Qaddah, founder of the Kittora brand, confirmed that Dubai’s luxury real estate market continues to thrive despite geopolitical tensions.
He noted a slowdown in activity during Ramadan while highlighting that premium properties remain attractive to investors. He also pointed out that the $1.55 billion “Kittora Reserve” project represents one of Dubai’s flagship developments.
Al-Qaddah emphasized the importance of flexible property design to navigate short-term market fluctuations, mentioning strategies that limit supply while focusing on luxury. Among the notable sales were a luxury apartment in Jumeirah Peninsula valued at $115 million and land plots in Umm Suqeim reaching up to $41.42 million.
In the price segment between $2.72 million and $5.45 million, sales totaled $542 million across 150 transactions, while the sector priced between $1.36 million and $2.72 million recorded the highest activity with 650 deals valued at $1.23 billion.
Al-Qaddah added that the flow of investments toward off-plan properties reflects investor confidence and their long-term investment approach, further strengthening Dubai’s position as a premier destination for luxury real estate.
