Dubai’s luxury real estate market continued to demonstrate strong performance during the first eight months of 2026, reflecting growing demand and intense competition for prime investment opportunities. The emirate continues to attract high-net-worth investors and buyers from around the world, with the luxury segment offering a diverse range of high-end villas and ultra-luxury apartments across established and emerging prime destinations.
According to data prepared by FAM Properties, based on figures from DXBinteract, Dubai recorded approximately 335 luxury property transactions valued above USD 10 million (around AED 36.7 million) between January and August 2026. The combined value of these transactions reached approximately AED 20.4 billion.
Villas Lead in Transaction Volume and Total Sales Value
Luxury apartments achieved a higher average price per square foot, reaching approximately AED 8,441 per sq. ft., compared with AED 4,903 per sq. ft. for villas.
However, villas accounted for the larger share of transactions, with 206 deals, and generated approximately AED 11.72 billion in total sales, compared with AED 8.67 billion for luxury apartments.
Mohammed Bin Rashid City Leads Luxury Villa Sales
Mohammed Bin Rashid City ranked first among the areas with the highest luxury villa sales during the first eight months of 2026, recording approximately AED 2.77 billion across 48 transactions. The average transaction value stood at around AED 57.8 million.
Palm Jebel Ali ranked second by total sales value, recording approximately AED 2.04 billion across 43 transactions, with an average transaction value of approximately AED 47.5 million.
Palm Jumeirah followed with approximately AED 1.85 billion in sales across 28 transactions, while the average transaction value reached approximately AED 66.2 million.
Dubai’s Most Expensive Luxury Villa Transactions
The highest-value luxury villa transaction during the period took place in Jumeirah First, involving a ready villa valued at AED 350 million. The seven-bedroom property spans approximately 44,903 sq. ft.
The second-highest villa transaction was recorded on Palm Jumeirah, with a six-bedroom ready villa sold for AED 145 million on approximately 18,844 sq. ft.
This was followed by a AED 134 million transaction for a nine-bedroom ready villa in Emirates Hills, covering approximately 3,858 sq. ft.
Jumeirah Second Leads Luxury Apartment Sales
For luxury apartments, Jumeirah Second recorded the highest total sales value, reaching approximately AED 2.77 billion across 31 transactions, with an average transaction value of approximately AED 89.6 million — the highest average among the nine areas included in the data.
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