His comment came just days after he cryptically responded "all things come in threes" when asked about talks with the UAE on the plane, which has already been snapped up by Egypt and India this year in multi-billion-euro deals.
"There are discussions that are taking place with the Emirates and they are going in the right direction," Fabius told the Anglo-American Press Association in Paris.
A deal with the Gulf country would be yet another coup for Rafale manufacturer Dassault, which struggled for years to export its fighter jet.
Sure enough, India followed suit and last week announced the order of 36 Rafale jets during Prime Minister Narendra Modi's visit to France.
The two sides had already been engaged in years of tortuous, exclusive negotiations for the sale of 126 Rafales, but these had been bogged down over cost and New Delhi's insistence on assembling a portion of the high-tech planes in India.