Top Areas for Luxury Home Sales in Dubai in H1 2026
Dubai's luxury residential market remained concentrated in a select group of prime neighborhoods during the first half of 2026, with a handful of locations accounting for the majority of villa and apartment sales valued at more than $10 million (AED 36.7 million), underscoring sustained demand for ultra-prime homes across the emirate.
Dubai Hills Estate Leads $10 Million Home Sales
According to global property consultancy Knight Frank, Dubai Hills Estate recorded the highest number of home sales above $10 million during the first six months of 2026, with 51 transactions. It was followed by Palm Jumeirah with 50 sales, while Palm Jebel Ali ranked third with 40 transactions.
Knight Frank also reported that the most expensive residential sale in Dubai during the first half of 2026 was an off-plan apartment at Aman Residences in Jumeirah Second, developed by H&H Investment and Development, which sold for $114.9 million (AED 422 million).
The consultancy said total sales of homes priced above $10 million reached $5.1 billion during the first half of the year, representing a 14% increase compared with the same period in 2025.
A total of 296 homes changed hands in this price category during the six-month period, including 165 sales in the first quarter and 131 in the second quarter. The market also recorded a record 26 home sales above $25 million.
Mohammed Bin Rashid Gardens Tops Luxury Villa Sales
A separate analysis by DXBinteract, published by Emarat Al Youm, showed that Mohammed Bin Rashid Gardens—which includes Dubai Hills Estate and Eden Hills—ranked as Dubai's leading destination for luxury villa sales above $10 million during the first half of 2026.
The district recorded 43 villa sales with a combined value of approximately $678.5 million (AED 2.49 billion), surpassing Palm Jumeirah.
Eden Hills was the primary driver of activity in the area, recording 32 transactions worth $528.6 million (AED 1.94 billion), with an average sale price of $16.4 million (AED 60.2 million) per villa.
Palm Jebel Ali also continued to gain momentum in the ultra-luxury villa market, with transactions increasing to 26 sales during the first half of 2026, compared with 10 sales in the corresponding period last year. Meanwhile, Palm Jumeirah remained among Dubai's leading luxury destinations in terms of transaction values and limited supply.
Palm Jumeirah Leads Luxury Apartment Market
Luxury apartment activity remained concentrated in Dubai's established prime residential locations.
Palm Jumeirah ranked first with 30 apartment sales above $10 million, followed by Jumeirah Second with 21 transactions. Jumeirah First and Downtown Dubai each recorded 13 sales.
At the project level, Aman Residences led the market with 17 sales worth approximately $501.4 million (AED 1.84 billion).
It was followed by Baccarat Hotel and Residences Dubai in Downtown Dubai, which recorded 11 transactions, while projects such as Como Residences on Palm Jumeirah and Bugatti Residences in Business Bay also continued to attract high-value buyers.
Luxury Villas Outperform Apartments
A separate DXBinteract analysis of Dubai homes priced above $10 million showed that the market recorded 269 villa and apartment sales worth a combined $4.52 billion (AED 16.57 billion) during the first half of 2026. Compared with the same period in 2025, the number of transactions increased 11.2%, while total sales value rose 11.5%.
Villas accounted for the strongest performance during the period.
Villa transactions increased from 124 sales in the first half of 2025 to 166 sales in the first six months of 2026, representing 34% growth. Total villa sales value rose from $1.98 billion (AED 7.28 billion) to $2.57 billion (AED 9.42 billion), while the average villa sold for $13.44 million (AED 49.31 million).
The report attributed the increase in villa sales to the growing supply of luxury villas, particularly within off-plan developments.
Luxury apartments recorded 103 sales during the first half of 2026, compared with 118 transactions in the same period last year. Total apartment sales value declined to $1.95 billion (AED 7.16 billion) from $2.07 billion (AED 7.58 billion).
Despite the decline in transactions, the average luxury apartment sold for $14.49 million (AED 53.17 million). The period also witnessed Dubai's most expensive apartment sale, with the Aman Residences transaction reaching $114.9 million (AED 422 million).
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