
ZAWYA: Dubai developer DAMAC sales hit $850mln in March despite regional turmoil

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Dubai-based DAMAC Properties reported sales of 3.12 billion UAE dirhams ($849.56 million) in March 2026, with 1,106 transactions. This performance outpaced Emaar Properties and Binghatti Holding. In Q1 2026, a total of 3,663 units were sold, reflecting strong demand and investor confidence in Dubai's real estate market, despite regional political tensions. DAMAC has delivered over 50,000 homes and has 55,000 units in the pipeline, with construction on track. The emirate's real estate sales reached AED 246.12 billion in Q1 2026, a 72.46% increase from the previous year.
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