Dubai’s Most Expensive Homes Sold In May 2026 As Property Transactions Reach AED 51.81bn

Jun 03, 2026
News
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According to the Dubai Land Department (DLD), Dubai's luxury real estate market had its outstanding performance in May 2026 with a total of AED 51.81 billion ($14.11 billion) being recorded as total property sales (transactions) during the month of May 2026. The above data further support continuing investor confidence in Dubai real estate market – with many of the largest sales from this month's transactions having occurred from ultra-luxury waterfront properties. Dubai's overall €real estate market activity remained robust notwithstanding the continuing uncertainties regarding future global/new economic conditions.

Sales transactions remained the major contributor to the performance of the Dubai real estate, with sales totaling AED29.46 billion ($8.02 billion) for over 10,000 transactions. Continued strong demand existed for branded residences, ultra-luxurious waterfront apartments and other exclusive lifestyle communities located in some of Dubai's most upmarket developments.

DubaiPropertyTransactionsHitAED52BnInMay2026

Dubai Sees Record AED51.81 bn in Property Transactions

According to data provided by the Dubai Land Department, there has been a high level of activity in the emirate's real estate market in May. The figures will instill further confidence into buyers - both local and international - when buying Dubai properties. Analysts are confident that the figures also demonstrate the long-term attractiveness of property investment in Dubai, especially in high-end residential areas.

Sales:

10,483 units sold
Total sales value: AED29.46 billion ($8.02 billion)
9,272 units sold
623 buildings sold
588 pieces of land sold

Mortgages:

2,411 mortgages taken out
•    Total value of AED17.55 billion ($4.78 billion)
•    1,524 units mortgaged
•    341 buildings mortgaged
•    728 pieces of land mortgaged

Gifts Activity:

737 gifts made
Total value: AED4.80 billion ($1.31 billion)
578 units gifted
38 buildings gifted
121 pieces of land gifted

Total market activity for May is 13,631 transactions with a combined value of AED51.81 billion, confirming Dubai's position as one of the world's leading real estate markets.

Top 10 Most Expensive Homes Sold In Dubai During May

Luxury apartments dominated the highest-value transactions of the month, reflecting continued demand for luxury properties for sale in the emirate’s prime waterfront locations. The activity also highlights how premium communities continue attracting residents who may already own other properties for rent in Dubai as part of broader investment portfolios.

1. Solaya 5 – Jumeirah First

Sale Price: AED112.5 million ($30.6 million)

2. Solaya 6 – La Mer

Sale Price: AED106 million ($28.9 million)

3. Casa AHS – Dubai Water Canal (Al Safa)

Sale Price: AED101.2 million ($27.6 million)

4. ORLA by Omniyat – Palm Jumeirah

Sale Price: AED57.95 million ($15.8 million)

5. Como Residences – Palm Jumeirah

Sale Price: AED56.5 million ($15.4 million)

6. Six Senses Residences The Palm – Palm Jumeirah

Sale Price: AED56 million ($15.2 million)

7. Como Residences – Palm Jumeirah

Sale Price: AED52.92 million ($14.4 million)

8. Casa AHS – Dubai Water Canal

Sale Price: AED51.98 million ($14.2 million)

9. Serenia Residences – Palm Jumeirah

Sale Price: AED50.3 million ($13.7 million)

10. Eden House The Canal Residences – Dubai Water Canal (Jumeirah 2)

Sale Price: AED49 million ($13.3 million)

The Luxurious Real Estate in Palm Jumeirah Is Still Hot Property

In May's overall transaction data the scoreboard indicated that the clear leader was Palm Jumeirah with the iconic location accounting for five of the top ten highest priced residential sales for the month. About 40% of those investors previously focused on buying a villa in Dubai have now begun to diversify into high-end branded apartment projects.

Some high-end luxury branded developments like ORLA by Omniyat, Como Residences, Six Senses Residences The Palm, and Serenia Residences are still sought after by individuals wishing to purchase a premium waterfront lifestyle. The concentration of sales shows that there is still strong demand from HNW for the waterfront properties for sale in Dubai.

Waterfront Locations Are Most Popular

The rankings further show that premium waterfront communities are being increasingly sought after, with properties beyond Palm Jumeirah unsurprisingly seeing strong sale figures. There were three properties sold at Dubai Water Canal that made the top 10 in terms of most sales, which were; Casa AHS and Eden House The Canal Residences. In addition, off plan apartments for sale in Dubai have continued to be in demand from investors due to their potential for capital appreciation.

Additionally, premium villa for sale in Dubai continue to see strong demand within the luxury segment as well. La Mer also recorded one of the largest sales during the month, with Solaya 6 recording one of the largest sales of the month, highlighting the popularity of beachfront developments that offer both privacy and provide buyers with direct access to the beach, as well as high-end amenities.

The May Report on the Dubai Luxury Housing Market

The Dubai luxury housing market continues to show that it is durable compared to other luxury housing markets worldwide despite changing global economic circumstances based on the May transaction data. There continue to be strong demands for branded residences, waterfront apartments, and low-supply developments that are established in previous prime district locations.

As a result of many observers looks for best real estate in Dubai for a safe place to invest money as well as a long-term growth opportunity. Some ultra-high-income buyers continue to believe in Dubai as being one of their preferred places to invest in real estate based on multiple transactions where the transaction price was over AED 50M. Continued transaction volume has also permitted real estate brokers in Dubai to be able to operate within the luxury real estate sector.

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