• Dubai Islands tops sales value at 1.3 billion AED across 402 transactions
  • Madinat Al Mataar leads activity with 809 transactions worth 1.2 billion AED
  • Aman Residences records Dubai’s third most expensive off-plan apartment sale at 422 million AED
  • Second ultra-luxury off-plan apartment at Aman Residences sells for 356.2 million dirhams
  • South Square, Madinat Al Mataar records top rate of 16,180 AED per square foot

Dubai: Off-plan residential apartment sales in Dubai rose 12.9% year-on-year to 17.5 billion dirhams in March 2026, compared to 15.5 billion dirhams in the same month last year, according to an analysis of Dubai Land Department (DLD) data by Al Masdar Al Aqaari.

Transaction volumes also increased by 2.3% year-on-year to 7,983 off-plan residential apartment deals, up from 7,801 transactions in March 2025, reflecting continued momentum in Dubai’s under-construction residential segment.

Key areas: Dubai Islands dominates value, Madinat Al Mataar leads activity

Dubai Islands emerged as the top-performing area in terms of off-plan residential apartment sales value, generating 1.3 billion dirhams from 402 transactions during the month.

Madinat Al Mataar, near Al Maktoum International Airport (DWC), ranked second with 1.2 billion dirhams across 809 off-plan residential apartment transactions, while also leading the market in terms of transaction volume.

Jumeirah Second secured third place with total sales of 1.1 billion dirhams, driven by just nine high-value off-plan residential apartment transactions within the Dubai Peninsula master development, including Aman Residences Dubai and Peninsula Dubai Residences – Tower 2.

In terms of transaction volume, Madinat Al Mataar led with 809 off-plan residential apartment deals, followed by Dubai Land Residence Complex with 651 transactions worth 618.9 million dirhams, and Jumeirah Village Circle (JVC), which recorded 570 transactions totalling 660.6 million dirhams.

Ultra-luxury off-plan residential segment sees record-breaking deals

The luxury segment was led by Aman Residences Dubai, which recorded the third most expensive off-plan apartment sale in Dubai’s history during March.

The transaction, valued at 422 million dirhams, involved a 31,201-square-foot off-plan residential apartment sold at 13,525 dirhams per square foot.

The project also recorded another high-value deal, with a similar-sized off-plan residential apartment selling for 356.2 million dirhams at 11,417 dirhams per square foot.

Meanwhile, the highest price per square foot recorded during the month was at South Square, Madinat Al Mataar, where a 1,230-square-foot off-plan residential apartment sold for 19.9 million dirhams, equating to 16,180 dirhams per square foot.

The second-highest rate was recorded at Aman Residences Dubai, where a 3,824-square-foot off-plan residential apartment sold for more than 55.6 million dirhams, at 14,545 dirhams per square foot.

The analysis was conducted by Al Masdar Al Aqaari (Arabic for “The Real Estate Source”), which specialises in analysing property market data across Dubai and the UAE, delivering in-depth insights based on real market indicators while tracking project activity, sales and pricing trends.

About Al Masdar Al Aqaari

Al Masdar Al Aqaari (Arabic for “The Real Estate Source”) is an online platform that provides data-driven analysis of Dubai and UAE property markets, offering insights into sales activity, pricing trends, and development pipelines based on official data and market indicators.

The platform tracks key market movements and delivers analytical content designed to support investors, developers, and industry stakeholders in making informed decisions.

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Araxi Keoshgerian
Content Plus
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Email: Araxi@cp-uae.com