Dubai Real Estate Sales Reach AED48 Billion

05 May 2026 CW Team

Dubai’s real estate market recorded 13,977 sales transactions worth AED48 billion in April 2026, reflecting continued resilience across residential and commercial segments.

According to a market update by fäm Properties, sales volume rose 3.5 per cent month-on-month compared to March, while total sales value increased by 10.7 per cent. The commercial sector, including offices and shops, recorded the strongest growth, with 561 transactions valued at AED4 billion, up 33.9 per cent year-on-year and 36.2 per cent month-on-month.

Apartment sales rose 6.5 per cent month-on-month to 11,377 transactions worth AED24.1 billion, while plot sales increased 34.7 per cent month-on-month to 237 deals valued at AED6.6 billion. The average property price per sq ft rose 16.1 per cent year-on-year to AED1,840.

Data from DXBinteract showed that primary sales continued to dominate, accounting for 10,563 transactions worth AED35.8 billion, compared with 3,414 resales valued at AED12.2 billion.

Firas Al Msaddi, CEO, fäm Properties, said the market’s performance reflected steady demand across residential and commercial segments. He added that Dubai continues to benefit from its reputation as a stable, transparent and well-regulated investment destination.

Dubai South was the best-performing area for the second consecutive month, recording 1,171 sales transactions valued at AED2.7 billion. Other leading areas included Jebel Ali First, Al Barsha South Fourth, Wadi Al Safa 5 and Dubai Islands.

The most expensive apartment sold in April was at Aman Residences Tower 2 in Jumeirah Second for AED171 million. Other luxury apartment sales included AED122 million at Baccarat Residence T1 in Downtown Dubai and AED118 million at Building C in Marsa Dubai. The most expensive villa was sold for AED76 million at Eden Hills.

Properties worth more than AED5 million accounted for 11.81 per cent of sales, while 34.7 per cent of transactions were in the AED1 million to AED2 million range.

Technology

29 Jul 2026

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..