DAMAC Properties Managing Director, Amira Sajwani, has issued a statement affirming confidence in the future of the United Arab Emirates after first-quarter real estate sales were announced by Dubai REST.
According to the smart real estate platform for real estate services, Dubai recorded AED246.12 billion (US$67.02 billion) in real estate sales in Q1 2026, compared to AED142.7 billion (US$38.86 billion) in the same quarter last year, representing a 72.46 per cent year-on-year increase.
DAMAC Properties continues to play a leading role in the market’s performance and it was ranked No1 in the emirate’s real estate industry by market share of sales transactions, recording a total of 3,663 units sold during the quarter.
Published by: Arabian Business
