Overview:
Dubai's real estate market shows strong momentum in high-value transactions. Emaar Properties dominated sales above 15 million dirhams per unit, generating 9 billion dirhams from 404 deals. H&H ranked second with 8.3 billion dirhams, followed by Amaniyat and Nakheel. Separately, Fitch affirmed the UAE's sovereign credit rating at AA- with a stable outlook, citing robust foreign assets and low government debt.
Details:
Emaar achieved the highest sales volume in Dubai's premium real estate segment during the first ten months of 2026, with an average transaction value of 22.3 million dirhams per unit. H&H followed with 8.3 billion dirhams across 217 transactions at an average of 38.2 million dirhams per deal. Amaniyat recorded 8 billion dirhams from 256 transactions, and Nakheel generated 6.2 billion dirhams from 181 deals. Miraas completed the top five with 3.6 billion dirhams from 143 transactions.
Credit rating agency Fitch maintained the UAE's long-term sovereign rating at AA- with a stable outlook, reflecting the country's strong financial position and external assets. Fitch projects Abu Dhabi's net foreign sovereign assets at approximately 180 percent of GDP in 2026, placing it among the highest levels among rated sovereigns. The agency cited resilient oil export revenues during market disruptions and ample fiscal buffers as key rating supports.
Outlook:
Investors are monitoring whether Dubai's luxury transaction momentum sustains amid global interest rate uncertainty. The UAE's stable credit profile and diversified revenue streams provide resilience to external shocks, supporting investor confidence in the emirate's economic trajectory.