UAE’s top 10 developers sell Dh113.7 billion of property in six months
Dubai: The UAE’s 10 biggest-selling property developers recorded more than Dh113.7 billion in sales during the first half of 2026, with Modon Holding and Emaar accounting for almost Dh45.4 billion between them. Modon topped the ranking with Dh23 billion in Abu Dhabi property sales, while Emaar followed with Dh22.4 billion in UAE…
Dubai witnessed an astounding Dh113.7 billion worth of property sales from the UAE's top 10 developers during the first six months of 2026. Modon Holding and Emaar dominated this list, accounting for almost Dh45.4 billion in combined sales.
Modon topped the chart with Dh23 billion in Abu Dhabi property transactions, while Emaar closely followed with Dh22.4 billion in UAE sales. DAMAC secured the third position with Dh16 billion in sales. These three developers outperformed the rest of the market significantly during the specified period.
Modon's sales surged to Dh26 billion across its markets, doubling the amount from the previous year. This growth was driven by the launch of Hudayriyat Golf Estates and the complete sale of Tara Park units on Reem Island. Emaar also delivered a strong performance, recording Dh26.6 billion in property sales, with a 40% increase year-on-year. The company's revenue backlog rose to Dh164.9 billion at the end of June, up 13% compared to the prior year.
Emaar's UAE operations contributed Dh22.4 billion to the ranking, while its international development business generated Dh4.2 billion in sales. Aldar Development secured the fourth position with Dh9.5 billion in UAE development sales, representing about Dh12.1 billion in total development sales for the group. Their development revenue backlog grew to Dh71.6 billion by the end of June, including Dh59.9 billion from UAE projects.
Other notable developers in the top 10 included Binghatti (5th with Dh7.6 billion), Meraas (6th with Dh7.5 billion), H&H (7th with Dh7.4 billion), Ellington (8th with Dh7 billion), Omniyat (9th with Dh6.7 billion), and Beyond (10th with Dh6.6 billion). The combined sales of these ten leading developers in the UAE alone amounted to more than Dh113.7 billion in the first half of 2026, illustrating the scale of property transactions taking place in the country's largest development market during that period.
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