--- title: "ZAWYA: Dubai developer DAMAC sales hit $850mln in March despite regional turmoil" type: "News" locale: "en" url: "https://longbridge.com/en/news/281742820.md" description: "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." datetime: "2026-04-06T08:30:20.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/281742820.md) - [en](https://longbridge.com/en/news/281742820.md) - [zh-HK](https://longbridge.com/zh-HK/news/281742820.md) --- # ZAWYA: Dubai developer DAMAC sales hit $850mln in March despite regional turmoil **Staff Writer** Dubai-based DAMAC Properties said it achieved sales of 3.12 billion UAE dirhams ($849.56 million) across 1,106 transactions in March 2026. In comparison, Emaar Properties, which is listed on the Dubai Financial Market, registered 795 transactions, while Binghatti Holding recorded 578 deals, the developer said in a statement, citing Property Monitor data. A total of 3,663 units were sold in the first quarter of 2026, the statement said. “Despite political tensions across the region, the fundamentals of Dubai’s real estate market remain exceptionally strong,” said Amira Sajwani, Managing Director of DAMAC Properties. Demand continues to grow, and investor confidence in Dubai remains robust, reinforcing the emirate’s position as one of the world’s most attractive investment destinations, she added. DAMAC has delivered more than 50,000 homes with 55,000 units currently in the pipeline. Construction across all DAMAC projects remains firmly **on track**, with handover timelines proceeding as scheduled, the company said. The emirate recorded AED 246.12 billion in real estate sales in the first quarter of 2026, a 72.46 percent increase from AED 142.7 billion in Q1 2025, the developer said, quoting Dubai REST data. (Writing by P Deol; Editing by Anoop Menon) (anoop.menon@lseg.com) **Subscribe to our Projects' PULSE** newsletter that brings you trustworthy news, updates and insights on project activities, developments, and partnerships across sectors in the Middle East and Africa. Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here. ### Related Stocks - [IYR.US](https://longbridge.com/en/quote/IYR.US.md) - [RWR.US](https://longbridge.com/en/quote/RWR.US.md) - [00219.HK](https://longbridge.com/en/quote/00219.HK.md) - [VNQ.US](https://longbridge.com/en/quote/VNQ.US.md) - [159768.CN](https://longbridge.com/en/quote/159768.CN.md) - [159707.CN](https://longbridge.com/en/quote/159707.CN.md) - [XLRE.US](https://longbridge.com/en/quote/XLRE.US.md) - [515060.CN](https://longbridge.com/en/quote/515060.CN.md) - [EGP.US](https://longbridge.com/en/quote/EGP.US.md) - [REZ.US](https://longbridge.com/en/quote/REZ.US.md) - [512200.CN](https://longbridge.com/en/quote/512200.CN.md) - [RWO.US](https://longbridge.com/en/quote/RWO.US.md) - [WTRE.US](https://longbridge.com/en/quote/WTRE.US.md) - [ABP.AU](https://longbridge.com/en/quote/ABP.AU.md) - [GQRE.US](https://longbridge.com/en/quote/GQRE.US.md) - [SCHH.US](https://longbridge.com/en/quote/SCHH.US.md) ## Related News & Research - [ZAWYA: Building on nearly AED 70bln in awarded contracts, Emaar reinforces UAE industrial growth at MIITE 2026](https://longbridge.com/en/news/285673496.md) - [Fantasia Sets 2026 AGM to Approve Accounts, Board Mandates and Share Issuance Authority](https://longbridge.com/en/news/286561635.md) - [Hong Kong stars Nick Cheung and William Chan join wave of upmarket home sales](https://longbridge.com/en/news/286873125.md) - [Landmark Investment Partners Cuts Howard Hughes Holdings Stake, According to Recent SEC Filing](https://longbridge.com/en/news/286955287.md) - [KE Holdings Q1 2026 Margin Compression Tests Bullish Efficiency Narrative](https://longbridge.com/en/news/286981305.md)