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Market·27 September 2026

Dubai Records Over 335 Luxury Property Deals Exceeding $10 Million in Eight Months

Dubai's luxury real estate market saw 335 transactions for homes valued over $10 million between January and August 2026, with Palm Jumeirah leading in sales volume and value.

Dubai's ultra-luxury residential market demonstrated strong performance in the first eight months of 2026, recording 335 transactions for properties priced at $10 million (approximately AED 36.7 million) or higher. An analysis of Dubai Land Department data by Fäm Properties revealed robust activity across both villas and apartments.

Market Breakdown

Between January and August 2026, there were 206 high-end villa sales totalling AED 11.7 billion. Luxury apartment sales contributed another 129 transactions, amounting to AED 8.67 billion during the same period. This highlights sustained demand at the top tier of Dubai's property market.

Palm Jumeirah Dominance

Palm Jumeirah reinforced its position as a premier luxury destination, ranking among the top three areas for both villa and apartment sales exceeding $10 million, by both volume and value. Specifically, the Palm Jumeirah recorded:

  • 35 luxury apartment sales totalling AED 2.18 billion, with an average price of AED 62.2 million.
  • 28 luxury villa sales totalling AED 1.85 billion, averaging AED 66.2 million.

Other prestigious communities, including Bluewaters Island, Emirates Hills, District One, Jumeirah Bay Island, and Al Barari, also continued to attract significant buyer interest.

Notable Transactions

The most expensive apartment sold in the first eight months was a 31,201 sq ft, 6-bedroom unit at Aman Residences in Jumeirah Second, fetching AED 422 million. The top villa sale was a 44,903 sq ft, 7-bedroom property at La Mer in Jumeirah First, which sold for AED 350 million. The master-planned community of Hadaeq Sheikh Moh'd Bin Rashid led in overall luxury villa sales volume and value, with 48 transactions totalling AED 2.77 billion at an average price of AED 57.8 million.

"More and more investors are making serious commitments because they regard Dubai as one of the most desirable places in the world to live, work and raise families, something which has also been highlighted by high volumes of new and renewed rental contracts in recent months,” stated Firas Al Msaddi, CEO of Fäm Properties, underscoring Dubai’s appeal as a global investment hub for high-net-worth individuals.
Frequently asked

Questions, answered

How many luxury property deals over $10 million occurred in Dubai from January to August 2026?
Dubai recorded a total of **335 transactions** for properties valued at $10 million (approximately AED 36.7 million) or more during the first eight months of 2026.
What was the total value of high-end villa and apartment sales?
High-end villa sales totalled **AED 11.7 billion** across 206 transactions, while luxury apartment sales amounted to **AED 8.67 billion** from 129 transactions.
Which area led in luxury property sales?
**Palm Jumeirah** was the leading area for luxury property sales over $10 million, both in terms of volume and value. It saw 35 apartment sales worth AED 2.18 billion and 28 villa sales worth AED 1.85 billion.
What were the most expensive individual property sales mentioned?
The most expensive apartment sold was a 31,201 sq ft unit at Aman Residences for **AED 422 million**. The most expensive villa was a 44,903 sq ft property at La Mer, which sold for **AED 350 million**.
Which firm conducted the analysis of Dubai Land Department data?
The analysis of Dubai Land Department data was conducted by **Fäm Properties**, providing insights into the performance of the luxury real estate market.
Reported by
Google News — Dubai Property (7d) · Google News — Prices & Transactions (7d) · Google News — UAE Rent & Mortgage (7d)
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This brief was summarised and rewritten by Gaia Living from public reporting. Figures and details reflect the original sources.

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