Dubai’s property market featured a standout $115 million luxury apartment sale in March 2026, marking the third highest price ever paid for such a property in the emirate. The transaction underscored continued demand for high-end residential assets. Emaar Properties unveiled its Golf Valley development comprising 262 units within Emaar South, while National Properties introduced a new tower in Barsha Heights valued at $136 million.
Several other launches added to the pipeline, according to an Arabian Business compilation of developer announcements. Zoya Hospitality debuted its Nové project in Dubailand with a value exceeding $54 million and OAM progressed with Rise Residences in Warsan. Dubai Multi Commodities Centre provided further details on its Uptown development that will include a tower rising above 600 metres.
In Abu Dhabi, Ohana Developments achieved $1.63 billion in sales for its Manchester City-branded Yas Residences within 72 hours of launch. The emirate’s real estate sector maintained full capacity across key players including Aldar Properties, which continued steady execution. Baccarat Residences on Saadiyat Island launched on February 10 with 77 units, and Modon Properties advanced its Tara Park project on Reem Island.
Sharjah recorded a significant uptick in activity during the Ramadan period, with transactions totaling $1.25 billion across 7,299 deals, a 71.8 percent increase from the prior comparable period. The data came from local real estate authorities as compiled in the market overview. Arada also secured a $49.8 million contract to build a school as part of ongoing infrastructure efforts.
Savills data placed Abu Dhabi’s Q1 2026 residential transactions above 7,200, the second highest quarterly total on record. In Dubai, the first half of 2026 saw 79,281 residential sales worth AED221.4 billion, according to an Engel & Voelkers mid-year review, though volumes were lower than the same period a year earlier. The broader UAE market posted record Q1 performance with Dubai transactions at $68.6 billion and Abu Dhabi at $18 billion, a Forbes Middle East summary showed.
A Global Property Guide assessment noted that residential price growth continued but at a decelerating pace in early 2026, with Abu Dhabi displaying stronger momentum than Dubai. Supply additions are expected to exert downward pressure on prices later in the year, the Moody’s Ratings outlook indicated. “The continued launch of projects and sustained construction activity highlight the country’s growing appeal as a long-term investment hub,” WAM stated.
