Investors inject $6.7B into Dubai luxury real estate
The luxury real estate market in Dubai continued to attract investors and buyers from around the world during the first nine months of 2026, recording 412 transactions for properties valued at over $10 million, with a total value of approximately $6.7 billion. The demand was particularly concentrated in areas such as Palm Jumeirah and Emirates Hills, where the average price per square foot in Palm Jumeirah reached around $1,112. In the third quarter, 13 properties were sold for no less than $25 million each, totaling approximately $500 million, with continued interest from buyers seeking permanent residence or holiday homes, despite geopolitical circumstances. Data confirms that the Dubai real estate market remains active, nearing its record number of transactions set in 2025, and continues to be a preferred destination for the wealthy worldwide.
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