Dubai’s property market started the day on a high note, recording two standout luxury transactions in some of the city’s most prestigious locations. Together, the deals reached a combined value of nearly AED 123 million, underscoring the continued strength of the high-end segment.

According to data from the Dubai REST platform, the larger of the two deals took place on Palm Jumeirah. A luxury residence at the upscale “Orla Infinity by Omniyat” development was sold for AED 65.5 million. The unit spans an impressive 8,392 square feet, translating to an average price of around AED 7,798 per square foot. The project is known for its exclusivity, waterfront views, and premium lifestyle offerings.

Meanwhile, Downtown Dubai also witnessed a significant sale. A high-end unit within the “Baccarat Hotel and Residences” project, located near Burj Khalifa, was sold for AED 57.5 million. The property covers approximately 10,059 square feet, with an average price of AED 5,711 per square foot.

These transactions highlight the sustained appetite for luxury real estate in Dubai, particularly in iconic destinations that combine prime location with world-class amenities. The figures also reflect growing investor confidence, as both local and international buyers continue to target Dubai’s upscale residential market for long-term value and lifestyle appeal.