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Dubai property market rises 31% to $68 billion in first quarter

  • Figures from the Dubai Land Department showed 718,160 real estate procedures were recorded during the quarter.
  • Luxury real estate transactions totaled 87.71 billion dirhams, up 26 percent, highlighting strong demand for high-end developments.

Dubai, UAE — Dubai’s real estate transactions rose 31 percent year-on-year to 252 billion dirhams ($68.6 billion) in the first quarter of 2026, with volumes increasing 6 percent, official data showed, underscoring sustained investor confidence.

Figures from the Dubai Land Department showed 718,160 real estate procedures were recorded during the quarter, including 60,303 transactions, up 6 percent from a year earlier.

Real estate investments reached 57,744, marking a 7 percent increase, while total investment value climbed 22 percent to 173 billion dirhams. This included 15,540 investments by women worth 32 billion dirhams.

The number of investors rose 8 percent to 48,448, including 29,312 new investors, up 14 percent, reflecting continued inflows from domestic and international buyers.

Luxury real estate transactions totaled 87.71 billion dirhams, up 26 percent, highlighting strong demand for high-end developments.

Foreign investment rose 26 percent in value to 148.35 billion dirhams, with the number of investments increasing 11 percent to 48,445. Investments from Gulf Cooperation Council nationals increased 14 percent to 12.23 billion dirhams across 3,228 transactions, while Arab investments reached 12.11 billion dirhams across 6,071 transactions.

Dubai’s property market performance was supported by government initiatives including the Dubai Economic Agenda D33 and the Dubai Real Estate Strategy 2033, alongside infrastructure development, a digital ecosystem and a flexible regulatory framework.

Authorities said sustained activity across segments reflected strong underlying demand, supported by stable economic conditions and long-term investment trends.