Dubai’s luxury property market has delivered another standout result. The emirate recorded 335 sales of homes valued at $10 million (AED 36.7 million) and above between January and the end of August 2026, according to an analysis of Dubai Land Department data by fäm Properties released on September 27, 2026. The figures underline the city’s standing as one of the world’s leading luxury residential markets — and a magnet for high-net-worth individuals looking to live, work and invest in the emirate.
The split: 206 luxury villa sales totalling AED 11.7 billion and 129 luxury apartment sales worth AED 8.67 billion — a combined ultra-prime turnover above AED 20 billion in just eight months.
Dubai Luxury Property Sales 2026: Where the $10M Deals Happened
Palm Jumeirah once again ranked among the top three areas for both $10 million-plus villas and apartments by volume and value. On the Palm, 35 apartments changed hands for a combined AED 2.18 billion at an average of AED 62.2 million, while 28 villas sold for AED 1.85 billion at an average of AED 66.2 million.
Among apartments, Jumeirah Second led by overall value with 31 transactions worth AED 2.77 billion (average AED 89.6 million), followed by Palm Jumeirah, Jumeirah First (16 deals, AED 893.5 million), Downtown Dubai and Business Bay.
Hadaeq Sheikh Mohammed Bin Rashid Tops Luxury Villa Sales
The leading area for ultra-luxury villa sales was Hadaeq Sheikh Mohammed Bin Rashid, with 48 transactions totalling AED 2.77 billion at an average price of AED 57.8 million. Palm Jebel Ali followed with 43 villa sales worth AED 2.04 billion, while Emirates Living and Wadi Al Safa 3 rounded out the top five.
At the very top of the market, the most expensive apartment sold during the period was a 31,201 sq ft six-bedroom unit at Aman Residences in Jumeirah Second, which fetched AED 422 million. The priciest villa was a 44,903 sq ft seven-bedroom property at La Mer in Jumeirah First, sold for AED 350 million.
“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.”
— Firas Al Msaddi, CEO of fäm Properties
What Dubai’s Ultra-Luxury Boom Means for Visitors and Investors
For visitors, the numbers offer a window into the Dubai of 2026: a city where record-breaking residences, from Palm Jumeirah fronds to the towers of Business Bay, sit alongside world-famous attractions. If the headlines have you thinking about a trip, start with our facts about Dubai and a realistic look at how much a Dubai trip costs — luxury here spans every budget, not just the $10 million bracket.
For investors and relocators, the data signals sustained depth at the top of the market rather than a short-lived spike. Those scouting neighbourhoods in person can browse where to stay in Dubai for the best bases, and line up the practicalities with our 2026 guide to essential services every tourist should book in Dubai.
Dubai $10M Home Sales: Frequently Asked Questions
How many $10 million-plus homes were sold in Dubai in the first eight months of 2026?
335 homes valued at $10 million (AED 36.7 million) or more were sold between January and the end of August 2026, according to fäm Properties’ analysis of Dubai Land Department data.
Which area recorded the most luxury villa sales?
Hadaeq Sheikh Mohammed Bin Rashid led the market with 48 villa transactions totalling AED 2.77 billion at an average price of AED 57.8 million.
What was the most expensive home sold in Dubai during this period?
A 31,201 sq ft six-bedroom apartment at Aman Residences in Jumeirah Second sold for AED 422 million — the highest-value apartment deal. The most expensive villa, at La Mer in Jumeirah First, went for AED 350 million.
Why are so many wealthy buyers choosing Dubai?
According to fäm Properties CEO Firas Al Msaddi, investors increasingly regard Dubai as one of the most desirable places in the world to live, work and raise families — a trend also reflected in high volumes of new and renewed rental contracts.
Can tourists visit areas like Palm Jumeirah?
Yes. Palm Jumeirah is one of Dubai’s most visited districts, with public beaches, restaurants, viewpoints and hotels open to everyone. See our guide to the top places to visit in Dubai to plan your trip.
Source: National Biz News, reporting fäm Properties’ analysis of Dubai Land Department data. Official market data is published by the Dubai Land Department.
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