DAMAC leads Dubai’s H1 2026 off-plan property market
The first half of 2026 has witnessed a remarkable milestone in the Middle Eastern property sector, with DAMAC Properties firmly establishing its undeniable dominance in the United Arab Emirates.
The first half of 2026 has witnessed a remarkable milestone in the Middle Eastern property sector, with DAMAC Properties firmly establishing its undeniable dominance in the United Arab Emirates.
Recognised widely as the largest private real estate developer in the UAE and the broader Middle East, the organisation has achieved unprecedented commercial success. According to recent performance metrics, DAMAC recorded an impressive 5,706 transactions during the critical H1 2026 period. These robust sales, which are valued at a staggering AED 15.6 billion, have propelled the developer to the very forefront of the industry, ranking it first in Dubai’s highly competitive primary off-plan residential market by sales volume.
To understand the true magnitude of this accomplishment, it is essential to examine the official governmental figures. Based on comprehensive Dubai Land Department data covering the period from January to June 2026, DAMAC comfortably secured the first-place position by sales volume. The nearest competitor trailed behind with 5,316 units sold. Furthermore, DAMAC ranked second overall in terms of total sales value. The wider context of Dubai’s off-plan primary residential market reveals a sector that remains exceptionally active and resilient against global economic headwinds. During this six-month window, the emirate recorded an astounding AED 92.8 billion in total sales across 46,794 apartment units, showcasing intense competition amongst top-tier developers who are continuously offering a broad mix of both luxury apartments and family villas.
Dominating the Off-Plan Villa Segment
However, it is specifically within the highly sought-after off-plan villa segment that DAMAC’s performance has been truly exceptional. Total sales for villas across Dubai touched AED 56.9 billion across 7,730 individual units over the first half of the year. Capturing a monumental portion of this specific demographic, DAMAC successfully sold nearly one out of every two villa units available on the market. This equates to an extraordinary 44.2 per cent share of the off-plan villa segment alone. To put this commanding market lead into perspective, this figure represents almost twice the overall share achieved by the next-ranked developer and ultimately accounted for a full 20 per cent of the total market share.
Reflecting on this period of robust operational performance and subsequent growth, Amira Sajwani, Managing Director, DAMAC Properties, said: “These results reflect investor confidence in Dubai’s resilient real estate sector. Our focus remains on creating distinctive communities, maintaining disciplined growth and delivering homes that respond to the evolving needs of Dubai’s residents and an ever-expanding global investor base. DAMAC’s leadership by unit volume demonstrates the depth of demand across our portfolio and our ability to convert that demand at scale.”
Strategic Transition and Future Deliveries
Looking ahead, DAMAC’s immense sales momentum serves to actively bolster its broader strategic vision, a strategy that relies heavily upon combining innovative product design with sustained construction timelines and reliable physical delivery. The stellar sales performance witnessed throughout 2026 is structurally supported by a consistent, methodical cadence of property handovers. These scheduled handovers span several of the developer's flagship luxury developments across the city, most notably including renowned communities such as DAMAC Hills, DAMAC Hills 2, DAMAC Lagoons, Chic Tower, and Elegance Tower.
This strategic operational alignment is particularly vital as Dubai’s dynamic residential property sector actively transitions from being primarily launch-led to becoming fundamentally delivery-driven. In direct response to this ongoing market maturation, DAMAC is actively strengthening its already extensive development pipeline. The developer boasts a formidable historical track record, having already delivered more than 50,000 homes to buyers to date. Furthermore, another 8,800 properties are strongly anticipated to be delivered across Dubai before the end of 2026. Through these ongoing efforts, DAMAC remains resolutely committed to creating premium, lifestyle-driven communities that successfully elevate everyday living into a truly immersive experience for its modern residents.