Luxury real estate thrives in the UAE
The article focused on the rising and ongoing transactions of luxury real estate in the UAE cities of Dubai and Abu Dhabi during 2026, despite the geopolitical tensions facing the region. Areas such as Palm Jumeirah, Jumeirah, Saadiyat, Yas Island, and Shakhbout have seen significant deals involving residential units, villas, and land, reaching record-breaking figures of hundreds of millions of dirhams. There are predictions that the high-end market has become more deep and concentrated. The most prominent deals were in Palm Jumeirah, Dubai, where the highest residential unit was valued at 98 million dirhams, the most expensive villa at 170 million dirhams, and the top land deal at 147 million dirhams. In Abu Dhabi, Saadiyat Island, Shakhbout, and Yous are among the key areas for luxury transactions involving apartments, villas, and land, with values reaching up to 50 million dirhams. Despite the challenges, the market is experiencing growth in both transaction volume and value, strongly influenced by major residential communities.
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