Dubai continues to strengthen its reputation as one of the world’s top real estate destinations, with a notable deal involving the sale of a luxury off-plan apartment worth AED 84.6 million in the sought-after Jumeirah First area. The transaction is another clear sign of the steady demand for high-end properties across the emirate.

The apartment offers an impressive amount of space, spanning around 11,566 square feet, or approximately 1,074 square meters. With an average price of more than AED 7,300 per square foot, the deal highlights the strong value placed on premium residential developments in Dubai.

Situated within the Solaya project in Jumeirah First, the property is part of an area that continues to grow in popularity among investors. Its prime location and upscale living environment make it especially appealing to those looking for both luxury and long-term value.

This sale also reflects the broader activity in Dubai’s real estate market. By midday, total real estate transactions had reached about AED 1.57 billion, while sales alone accounted for over AED 1.32 billion, showing that the market remains active and resilient.

The momentum builds on a standout performance in 2025, when Dubai’s luxury property sector recorded around 6,668 transactions valued at AED 143.8 billion. This marks a noticeable increase compared to 2024, which saw 4,735 deals totaling AED 99.3 billion, representing growth of 41% in the number of transactions and 45% in total value.

This continued growth is supported by several factors, including Dubai’s investor-friendly environment, flexible regulations, and tax advantages, along with its modern infrastructure and high-quality lifestyle. These elements continue to attract wealthy buyers from around the world.

With demand holding steady and confidence remaining high, Dubai’s luxury real estate market looks set to maintain its upward trend, with premium properties continuing to draw strong international interest.