Dubai achieves 335 sales of US$10 mn+ units in first eight months of 2026
The Dubai real estate sector recorded 335 sales of homes valued at US$10 million (Dh36.7 million) and above in the first eight months of 2026, underling the city’s position as one of the world’s leading luxury residential markets.
The Dubai real estate sector recorded 335 sales of homes valued at US$10 million (Dh36.7 million) and above in the first eight months of 2026, underling the city’s position as one of the world’s leading luxury residential markets.
An analysis of Dubai Land Department data by fäm Properties reveals that there were 206 high end villa sales transactions totalling Dh11.7 billion between January and the end of August, and 129 luxury apartment sales amounting to Dh8.67 billion.
Palm Jumeirah’s position as a prime residential location was again highlighted by sustained investor interest, which placed it among the top three areas for villa and apartment sales at US$10 million+, both in terms of volume and value.
In the apartment segment, Palm Jumeirah ranked first with Dh2.18 billion transactions from 35 apartments – the second highest by count. As many as 28 villas with a total value of Dh1.85 billion were recorded in the area, securing the third place for both volume and value in the villa segment.
Firas Al Msaddi, CEO of fäm Properties, said, "There is still a great deal of money moving through the very top of Dubai's property market, reinforcing the city’s position among the leading global investment hubs for high-net-worth individuals.
“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.”
The leading area in terms of overall luxury villa sales volume and value was the master-planned residential community of Hadaeq Sheikh Moh'd Bin Rashid which recorded 48 transactions totalling Dh2.77 billion at an average price of Dh57.8 million.
The most expensive apartment sold during the first eight months of the year was a 31,201-square-foot six-bedroom unit at Aman Residences in Jumeirah Second which fetched Dh422 million. The most expensive villa was a 44,903-square-foot seven-bedroom property at La Mer in Jumeirah First which went for Dh350 million.
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