UAE posts record property sales

UAE real estate hit fresh highs this week — a luxury sale of AED 422 million was reported and a major AED 6 billion project sold out in just 72 hours, underscoring strong investor demand ahead of Expo 2026. (emirates247.com) (gulfnews.com)

The unit behind the headline is a six‑bedroom penthouse in Aman Residences on the Jumeirah peninsula that spans about 31,200 sq ft and includes eight parking spaces, a transaction confirmed by fäm Properties and Dubai Land Department records on March 5, 2026. (gulftoday.ae) (gulftoday.ae) Data published by DXBinteract put the deal’s rate at roughly Dhs13,525 per sq ft, a figure cited in market commentary when the sale was recorded. (constructionweekonline.com) (constructionweekonline.com) Aman Residences is an ultra‑luxury development by H&H Development in partnership with Aman Group, a resort complex that the developer lists as 100 hotel suites and 82 branded residences with a scheduled completion in 2028. (h-h.ae) (h-h.ae) The Abu Dhabi project that sold out rapidly is Manchester City Yas Residences, a Manchester City–branded waterfront community developed by Ohana along Yas Canal offering villas, twin villas, townhouses, maisonettes and apartments. (mancity.com) (mancity.com) Ohana confirmed the development recorded record sales within 72 hours and said the buyer mix at launch was about 35% Emiratis and 65% expatriates and international investors. (ohana.ae) (ohana.ae) A broader industry snapshot published the same week noted multiple launches and active construction across major developers — Emaar, Deyaar, Azizi, Nakheel and others — and reported developers like Binghatti hitting average weekly sales near Dhs500 million since late February. (emirates247.com) (emirates247.com) Developers and event organisers point to a busy 2026 events calendar in the UAE as part of demand dynamics, with Expo Centre Sharjah alone publishing a 2026 programme of more than 95 exhibitions and shows. (wam.ae) (wam.ae)

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