Dubai off-plan apartment sales hit 2026 high of USD 5.37 billion in April
Dubai's real estate market recorded its highest monthly value of off-plan residential apartment sales so far this year in April, reaching USD 5.37 billion (AED 19.7 billion), according to an analysis by property data platform Al Masdar Al Aqaari, based on transactions registered with the Dubai Land Department.
The total was generated from 8,812 transactions, surpassing USD 4.90 billion (AED 18 billion) from 8,152 deals in March, USD 5.20 billion (AED 19.1 billion) from 8,888 deals in February, and USD 5.29 billion (AED 19.4 billion) from 8,915 deals in January.
On an annual basis, off-plan residential apartment sales rose 4.2% in April compared with USD 5.15 billion (AED 18.9 billion) recorded in April 2025, which saw 9,283 transactions.
Dubai Islands maintains lead
Dubai Islands continued to dominate as the top-performing area for off-plan apartment sales for the fourth consecutive month, recording USD 708.4 million (AED 2.6 billion) across 691 transactions in April. The area has led the market since the start of 2026, with cumulative sales exceeding USD 2.15 billion (AED 7.9 billion) from 2,335 deals between January and the end of April.
Al Khairan First ranked second in April, with sales of USD 408.7 million (AED 1.5 billion) from 507 transactions. Madinat Al Mataar, near Al Maktoum International Airport, ranked third, recording USD 381.5 million (AED 1.4 billion) across 899 deals.
High-value transactions
April saw two notable off-plan apartment transactions exceeding AED 100 million.
A unit at Aman Residences Dubai sold for USD 46.6 million (AED 171 million), with a built-up area of approximately 10,000 square feet, translating to around USD 4,659 (AED 17,100) per square foot.
The second transaction involved an apartment at Baccarat Hotel & Residences Dubai, which sold for USD 33.2 million (AED 121.8 million). The unit spans 13,250 square feet, equating to roughly USD 2,505 (AED 9,193) per square foot.
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