DAMAC reports Dh3.12 billion in March sales as Q1 property activity soars.

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Robust demand and investor confidence fuel Dubai property boom in Q1.

Dubai: Dubai’s property market wrapped up March with DAMAC Properties leading sales activity by a significant margin, as strong demand persisted despite regional tensions.

The developer achieved Dh3.12 billion in sales across 1,106 transactions in March, positioning it well ahead of competitors in terms of deal volume.

This strong performance capped a robust first quarter, with DAMAC selling 3,663 units. The company currently has a pipeline exceeding 55,000 units and has already delivered over 50,000 homes.

Construction timelines across DAMAC projects remain on schedule, with handovers proceeding as planned, bolstering buyer confidence amid global uncertainty affecting investment decisions.

Market momentum remains strong

Dubai’s wider real estate sector continues its rapid growth, with total sales reaching Dh246.12 billion in Q1 2026—a 72.46% increase compared to Dh142.7 billion in the same period last year, underscoring the high demand in the market.

The surge is driven by sustained interest from regional and international investors, attracted by stable returns, robust infrastructure, and a well-regulated market environment.

“Despite regional political tensions, the fundamentals of Dubai’s real estate market remain exceptionally strong. Demand is continuing to grow, and investor confidence in Dubai remains high, reinforcing the emirate’s position as one of the world’s most attractive investment destinations,” said Amira Sajwani, Managing Director of DAMAC Properties.

Her comments come amid a period of global investor risk reassessment, yet Dubai continues to draw capital across both ready and off-plan properties.

Strong transaction volumes and rising quarterly sales indicate a market that remains active and competitive, with little sign of a slowdown in buyer demand.

Developers are responding by keeping delivery timelines on track and expanding project pipelines, while buyers are increasingly focusing on long-term value and developers’ execution track records when making investment decisions.

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