Dubai property market achieves sixteen billion dollars in sales as transaction value surges eighteen percent in February

Dubai property sales value surged 18% year-on-year in February 2026, with 16,959 transactions totaling $16.5 billion according to DLD data.

By: AXL Media

Published: Mar 3, 2026, 4:04 AM EST

Source: The information in this article was sourced from Arabian Business

Significant growth in monthly transaction value

The Dubai real estate sector maintained its upward trajectory in February 2026, recording a total of 16,959 transactions. These deals generated a combined value of 60.6 billion dirhams, or approximately 16.5 billion dollars. This performance represents an 18.14 percent increase in total value compared to the same period in 2025. Additionally, the volume of sales grew by 5 percent year on year, reflecting a robust appetite for property in the emirate despite broader regional economic shifts.

Apartment sector dominates market volume

Residential apartments continue to be the primary driver of market activity in Dubai. In February 2026, the sector recorded 12,820 transactions with a total value of 26.6 billion dirhams, equivalent to 7.24 billion dollars. This is a notable increase from February 2025, when 11,385 apartments were sold for a total of 5.91 billion dollars. The growth in this segment underscores the consistent demand for high density urban living and investment grade rental properties across the city’s major residential hubs.

Performance of villas and commercial assets

While apartments led in volume, the villa and commercial sectors also showed distinct trends. The villa market saw 1,563 sales totaling 1.74 billion dollars, a decrease in value compared to the 5.36 billion dollars recorded in the previous year. Conversely, commercial real estate experienced a sharp increase in activity. The sector generated 2.60 billion dollars from 717 transactions, a significant rise from the 330 million dollars in sales recorded in February 2025, suggesting a renewed focus on office and retail infrastructure.