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المشهد العربي
Source: المشهد العربي
7 Hrsالمشهد العربي
Source: المشهد العربي
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Sales of luxury homes in Dubai—those valued at at least $10 million—fell 17% in the third quarter of 2026, to 86 transactions from 103 in the same period of 2025, amid the fallout from the regional war. There were 412 transactions in this segment during the first nine months of the year, with a total value of nearly $6.7 billion. Thirteen transactions involving properties valued at at least $25 million were recorded in Palm Jumeirah and Emirates Hills, totaling nearly $500 million. Dubai property prices also fell by an average of 5%, while prices in Palm Jumeirah declined 9% over 12 months, to an average of AED 4,083 per square foot.
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