Dubai Islands and Madinat Al Mataar led the emirate’s off-plan apartment market in March, driving both high-value sales and strong transaction volumes, according to an analysis of Dubai Land Department data by Al Masdar Al Aqaari.
Top areas
Dubai Islands was the top-performing location by sales value, generating Dhs1.3 billion from 402 off-plan apartment deals.
Madinat Al Mataar followed closely, recording Dhs1.2 billion across 809 transactions, making it the most active area by deal volume. The district is located near Al Maktoum International Airport.
Jumeirah Second ranked third in value, achieving Dhs1.1 billion from just nine high-value transactions in developments including Dubai Peninsula.
Other active areas included Dubai Land Residence Complex with 651 deals worth Dhs618.9 million and Jumeirah Village Circle with 570 deals totaling Dhs660.6 million.
Sales growth
Overall, off-plan apartment sales in Dubai reached Dhs17.5 billion in March 2026, up 12.9 per cent from Dhs15.5 billion in March 2025. Transaction volumes also rose 2.3 per cent to 7,983 deals, reflecting steady demand in the under-construction residential segment.
Luxury transactions
The ultra-luxury market saw record-breaking deals. At Aman Residences Dubai, one apartment sold for Dhs422 million, becoming the third most expensive off-plan apartment sale in Dubai’s history. Another unit in the same project sold for Dhs356.2 million.
The highest price per square foot in March was recorded at South Square, where a 1,230-square-foot apartment sold for Dhs19.9 million at Dhs16,180 per square foot. Aman Residences Dubai recorded the second-highest rate at Dhs14,545 per square foot for a Dhs55.6 million unit.
The data shows continued momentum in Dubai’s off-plan apartment sector, particularly in emerging districts and luxury developments.
tanvir@dubainewsweek.com
