Dubai, UAE: Developer-led sales continued to dominate while cash buyers accounted for more than two-thirds of resale activity in February, as Dubai’s property market sustained its strong momentum at the beginning of the year.
According to a report by fäm Properties, the primary market recorded 11,351 transactions valued at AED 42.1 billion during the month. In comparison, the secondary market registered 5,628 resale deals worth AED 18.6 billion.
More than 69% of secondary market transactions were completed in cash, highlighting strong liquidity and confidence among investors. This surge pushed the sector well beyond performance levels seen in the opening months of 2025 — a year that ultimately set all-time records for both sales value and transaction volume.
Data from DXBinteract showed that February sales reached AED 60.8 billion across 16,979 transactions, reflecting an 18.4% year-on-year increase in value and a 5.1% rise in volume.
For the first two months of 2026, total sales climbed 38.8% year-on-year to AED 133.3 billion, while transaction volume rose 13.32% to 34,452 deals compared with the same period in 2025.
Firas Al Msaddi, CEO of fäm Properties, said the figures reinforce Dubai’s position as one of the world’s most dynamic real estate markets following a record-breaking January.
He noted that early growth in 2026 has been built on strong fundamentals, further strengthened by the UAE government’s consistent efforts to safeguard economic stability and business infrastructure during uncertain times. This resilience, he added, continues to underline Dubai and the UAE’s appeal as leading global destinations for living, working, and property investment.
Commercial Sector Outperforms
Dubai’s commercial segment delivered particularly strong results in February, with office and retail sales reaching 804 transactions worth AED 4.1 billion — an 81.5% year-on-year surge in volume.
Apartment sales increased 13.4% to 12,916 transactions totaling AED 26.6 billion. Plot sales rose 25.3% year-on-year to 446 deals valued at AED 11.2 billion. In contrast, villa sales declined 29.3% in volume to 2,802 transactions worth AED 18.8 billion.
The average property price per square foot increased 12.2% year-on-year to AED 1,740.
Over the past five years, February sales have shown steady growth — from AED 7.4 billion (3,800 transactions) in 2021 to AED 15.5 billion (6,200) in 2022, AED 27.2 billion (9,400) in 2023, AED 36.9 billion (12,000) in 2024, and AED 51.3 billion (16,200) in 2025.
Top Performing Areas – February 2026
- Jumeirah Village Circle – 1,146 transactions | AED 1.5B
- Dubai South – 993 transactions | AED 1.8B
- Al Yelayiss 1 – 936 transactions | AED 5.5B
- Wadi Al Safa 5 – 936 transactions | AED 1.7B
- Wadi Al Safa 3 – 764 transactions | AED 2.0B
The most expensive villa transaction in February was a luxury home at La Mer, which sold for AED 350 million. Meanwhile, the highest-value apartment sale was recorded at The Alba Residences on Palm Jumeirah, fetching AED 226 million.
Properties priced above AED 5 million represented 12.68% of total sales. Units between AED 3–5 million accounted for 12.67%, while 18.14% were in the AED 2–3 million range. The AED 1–2 million segment comprised 32.41% of transactions, and 24.1% of sales were below AED 1 million.
Best-Selling Projects – February 2026
Primary Market Apartments
- Maybach 6 – Tower B
- Maybach 6 – Tower A
- Sierra by Iman
- Paradise View 1
- Binghatti Vintage
Primary Market Villas
- Damac Islands 2 – Bahamas 1
- Damac Islands 2 – Bahamas 2
- Damac Islands 2 – Maui
- Salva The Heights
- Serro 2 The Heights
Resale Apartments
- Ashjar
- The Neighbourhood C1
- Sobha Creek Vistas Tower A
- Peninsula Three
- Peninsula Four
Resale Villas
- Rukan 3
- Damac Lagoons – Portofino
- Aura
- The Valley – Nara
- Aura District One West – Phase 1
