Dubai’s real estate market recorded 3,308 resale transactions worth AED 15.39 billion in March, generating a net gain of AED 4.6 billion for long-term investors, according to fam Properties.

Data from DXBinteract showed that 89.5 per cent of resale transactions were profitable, with a median gain of 25 per cent. Villas led performance with a 97 per cent profitability rate and a median gain of 60 per cent, while plots recorded a median gain of 99 per cent.

Rental activity also remained strong, with 36,658 residential tenancy contracts worth AED 3.16 billion registered during the month, two-thirds of which were renewals. Average rents for new contracts rose 7 per cent year-on-year, led by villas where rents surged 15.9 per cent.

Commenting on the market, Firas Al Msaddi, CEO, fam Properties, said, “March has produced some genuinely positive results… we are continuing to see strong interest in Dubai real estate, particularly from end users and long-term investors.”

He added, “The volume of tenancy renewals alongside strong new contract numbers shows that Dubai remains the place where people are choosing to live.”

The data indicates sustained demand across both sales and rental segments, with premium assets and villas continuing to drive growth.