Dubai Luxury Off-Plan Homes Generate AED3.72 Billion in June Sales

Real Estate

Dubai Luxury Off-Plan Homes Generate AED3.72 Billion in June Sales

Dubai's luxury real estate market maintained strong momentum in June 2026, with developers recording AED3.72 billion in off-plan residential sales for homes priced above AED5 million, highlighting continued investor confidence in the emirate's premium property sector.

According to a market analysis released by Keturah, the luxury segment witnessed 307 off-plan transactions during the month. Apartments accounted for 166 sales worth AED2.12 billion, while 141 villa transactions generated AED1.61 billion in sales. The average value of each off-plan luxury property reached AED12.1 million.

Luxury Villas and Apartments Continue to Drive Demand

The strongest demand for off-plan villas was recorded in the AED5 million to AED10 million price segment, where 99 transactions generated AED639.2 million in sales. Another 30 villas were sold in the AED10 million to AED20 million category, contributing AED415.6 million.

Apartment sales were also concentrated in the AED5 million to AED10 million segment, with 111 transactions valued at AED722.3 million. A further 33 apartment sales in the AED10 million to AED20 million range generated AED475.7 million, according to DXBinteract data.

Ready Property Market Adds Over AED1 Billion

In addition to off-plan sales, Dubai's luxury market recorded 58 ready property transactions valued at more than AED5 million, generating AED1.01 billion in sales during June. The average selling price for completed luxury homes stood at approximately AED17.4 million.

Ultra-Luxury Segment Remains Active

The ultra-premium market also remained resilient, with several high-value transactions completed during the month.

The market recorded:

Seven villa sales valued between AED20 million and AED50 million, totalling AED207.9 million.
Five villa transactions in the AED50 million to AED100 million range worth AED344.9 million.
Eighteen apartment sales between AED20 million and AED50 million, generating AED521.5 million.
Three apartment transactions valued between AED50 million and AED100 million, totalling AED197 million.
A penthouse in Business Bay sold for AED200 million, marking one of the month's most notable transactions.

Investor Confidence Remains Strong

Talal M. Al Gaddah, CEO and Founder of the Keturah luxury brand, said the premium property market continues to demonstrate resilience as investors remain focused on Dubai's long-term growth prospects.

He noted that sustained demand reflects confidence in Dubai's position as one of the world's leading luxury real estate destinations.

Keturah currently has two flagship developments under construction: Keturah Reserve, a AED5.7 billion bio-living community in Mohammed Bin Rashid City's District 7, and The Ritz-Carlton Residences at Keturah Resort, located along Dubai Creek near the Ras Al Khor Wildlife Sanctuary.

Dubai Islands Leads Luxury Off-Plan Sales

Among Dubai's residential communities, Dubai Islands recorded the highest number of luxury off-plan transactions during June with 48 sales, followed by Dubai South with 39 transactions, while Palm Jumeirah ranked third with 22 sales, underscoring sustained demand for premium waterfront and master-planned developments.