Tuesday, 24 February 2026 Dubai Real Estate Overview

Dubai Property Market Sales Overview – Tuesday, 24 February 2026

Total Sales Value and Volume

On Tuesday, 24 February 2026, Dubai’s real estate market demonstrated robust activity with a total of 974 transactions across the emirate. The cumulative sales value for the day reached an impressive 2.9 billion AED. This level of transaction volume coupled with such a significant sales worth underscores the sustained confidence investors and buyers have in Dubai’s property sector.

The approaching of the 1,000 transaction mark illustrates a healthy market liquidity, indicating strong demand across various property segments including villas, apartments, commercial spaces, and plots. Additionally, a sales value close to 3 billion AED signals that the market is not only active but also catering to high-value investments, confirming Dubai’s position as a major global real estate hub. Market stakeholders, developers, and investors can view this steady momentum as a favorable outlook for the forthcoming quarters.

The Most Prominent Transactions

The day’s transactions highlight several key trends, particularly the dominance of primary market sales by developers. Notably, the luxury villa sector continues to shine, with multiple large-scale projects such as Al Yelayiss and Living Legends registering significant volumes and value.

Al Yelayiss 5 led the pack with 31 villas sold worth a staggering 283.1 million AED, establishing itself as a marquee destination for luxury living within Dubai. Similarly, Living Legends contributed notably with 18 villas sold, totaling nearly 193 million AED. This concentration in villa sales points to a growing preference for spacious, high-end residences offering privacy and premium amenities.

On the apartment front, notable sales came from the primary market project Paradise View 1, which saw 103 apartment transactions, accumulating a total sales volume of 72.3 million AED. This high transaction count for apartments suggests ongoing demand for well-located, developer-backed residences that appeal to end-users and investors alike.

Commercial property sales also witnessed significant transactions, particularly in emerging business districts like Business Bay and Bukadra, reflecting continued interest in Dubai’s expanding commercial infrastructure. The market is balancing well between residential and commercial investments, which bodes well for overall sector diversity and stability.

The Most Expensive Properties Sold

Luxury continues to define a substantial portion of Dubai’s property sales on this day, particularly with properties surpassing the 10 million AED mark. The most eye-catching sales were three ultra-luxurious villas on the World Islands, each transacting at 68.6 million AED. These expansive properties, ranging from 24,193 to 25,465 sqft, represent the pinnacle of exclusivity in Dubai’s real estate market. All were sold on the primary market, a clear indicator of developer confidence in ultra-luxury waterfront offerings.

Another remarkable luxury villa sale was registered in Wadi Al Safa 3, where a villa spanning nearly 22,000 sqft changed hands for 53.7 million AED. This transaction highlights high demand for premium villas in well-established upscale communities.

Commercial properties in Business Bay featured prominently with sales nearing or exceeding 40 million AED, such as a 7,687 sqft commercial unit sold for 44.2 million AED and another adjacent unit of similar size fetching 43.2 million AED. These transactions emphasize the attractiveness of Business Bay as a thriving commercial hub, driven by strategic location and infrastructure growth.

Other luxury sales included sizable villas in MeAisem Second (28.3 million AED) and high-end apartments in Palm Deira, which reached a total of 24.1 million AED for a sizeable 6,643 sqft unit. The diversity in luxury property types – from sprawling villas to high-value apartments and prominent commercial spaces – showcases Dubai’s multifaceted real estate appeal.

Sale Summary

Delving deeper into the sales breakdown, the dominance of the primary market is evident across property categories. Within apartments, the project Paradise View 1 led with 103 units sold, generating AED 72.3 million, reflecting strong buyer interest in thoughtfully designed residences positioned in promising locations.

Another notable primary market apartment segment recorded 66 sales totaling AED 100.5 million, further cementing the momentum in this sector. Other apartment projects like Le Blanc Residence by Imtiaz and Binghatti Vintage registered respectable sales volumes of 20.7 million AED and 12.9 million AED respectively.

Villas in the primary market fundamentally drove the volume in transaction value, particularly with developments such as Al Yelayiss 5 (31 sales worth 283.1 million AED), Living Legends (18 sales worth 192.9 million AED), and Al Yelayiss 1 (33 sales worth 109.3 million AED). These figures emphasize premium community appeal and the appetite for larger residential units with superior amenities.

The resale market also showed healthy movement with villas in sought-after communities like Jumeirah Park and The Villa performing steadily, albeit at comparatively lower volumes. Apartments in the resale sector, including projects like Upper Crest and Hillside Residences 1 - D, collectively contributed to ongoing market liquidity.

Additionally, plots remain an important segment with multiple sales in key development areas such as Damac Hills, Jebel Ali Hills, and Dubai Investment Park Second, signaling sustained interest in land banking and development potential.

New Projects

The report of new project launches provides further optimism for investors looking for fresh opportunities and market supply replenishment. Among the notable projects, Vida Residences Club Point - Building A launched on 20 September 2024 with an expected handover by 28 February 2029, presents an extended development horizon ideal for long-term investment strategies.

Other recently launched projects on 18 September 2024, including Porto View, Pier Point 1, and Pier Point 2, target handover dates in late 2028, providing buyers with modern residences in potentially vibrant waterfront and community-centric locations.

Projects like Luminar Tower 2 (handover expected 27 October 2026) and Beach Walk Residences 3 by Imtiaz (handover on 14 June 2026) offer medium-term delivery timelines and contribute to filling the mid-market housing demand.

Development timelines for Ashton Park Residences - The Second and Cove Edition Residence 1 By Imtiaz through to 2025 and 2026 respectively indicate a steady stream of quality deliveries, reflecting confidence by developers in Dubai’s sustainable growth.

Additional projects such as AZIZI VENICE 11 and Ocean Pearl by SD - 2 further diversify Dubai’s real estate landscape with expected handover dates extending up to early 2027, aligning with strategic urban expansion initiatives.

Overall Market Review

On 24 February 2026, Dubai’s real estate market showcased substantial vitality marked by 974 transactions amounting to a total sales value of 2.9 billion AED. The sales were fueled largely by the primary market across residential villas and apartments, reinforced by strategic commercial property deals within emerging business hubs.

Luxury properties remained a key pillar of market strength, with the highest-value transactions observed on the World Islands— three exclusive villas each sold for 68.6 million AED. High-value villas in Wadi Al Safa 3 and commercial units in Business Bay also emphasized Dubai’s draw for premium end-users and institutional investors.

The healthy mix of resale and new primary market sales, alongside active transactions across plots and commercial premises, points to a well-balanced and diverse ecosystem. Meanwhile, many newly launched projects slated for handover over the next few years offer promising prospects for sustained growth and an expanded buyer base.

Overall, the data from this day provides a clear signal that Dubai’s property market continues to build on strong fundamentals, attracting a broad spectrum of investors and end-users at various price points – from luxury villas to affordable apartments and commercial spaces.

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