Sign in
Sign up
DAMAC Properties, the largest private property developer in the UAE and the Middle East, ended March 2026 at the forefront of the Dubai property market. Over the month, the developer recorded sales of 3.12 billion UAE dirhams, concluding 1,106 transactions. In terms of transaction volume, the company significantly outpaced its competitors, cementing its status as a key player in the sector.
This result marked a fitting conclusion to a strong first quarter: between January and March, DAMAC sold 3,663 properties. The developer’s portfolio currently includes over 55,000 units under development, whilst more than 50,000 homes have already been handed over to their owners. All projects are proceeding strictly on schedule, and handover deadlines are being met, which is particularly important for investors during a period of regional instability.
“Despite political tensions in the region, the fundamentals of the Dubai property market remain exceptionally strong. Demand continues to grow, and investor confidence in Dubai is high, underscoring the emirate’s status as one of the world’s leading investment hubs,” said Amira Sajwani, Managing Director of DAMAC Properties.
The overall market picture confirms this positive trend. In the first quarter of 2026, property transactions in Dubai totalled 246.12 billion dirhams — a 72.46% increase on the 142.7 billion dirhams recorded in the same period of 2025. This growth is attributed to a steady inflow of capital from regional and international investors, who are drawn by reliable infrastructure, transparent regulation and long-term returns.
Analysts note a clear trend towards ‘quality over quantity’: buyers are choosing developers with a proven track record, financial discipline and guaranteed completion dates. Amid global uncertainty, Dubai remains attractive for both completed properties and off-plan projects.
Founded in 2002, DAMAC Properties specialises in luxury property and actively collaborates with global brands. March’s results once again demonstrated the resilience of the company and the entire Dubai market to external challenges, confirming that demand for high-quality properties remains strong.
