Dubai's Luxury Market Sees Dh166M Sale for Off-Plan Apartment

Summary:

A luxury off-plan apartment in Dubai sold for Dh166.07 million, highlighting the demand for ultra-prime homes. Located in Jumeirah Second within the Aman Residences Dubai, the property spans 10,021.39 square feet with an average price of Dh16,572 per square foot. In the first half of 2026, the luxury market showed a divergence, with villas leading in transaction volumes and values, while luxury apartments maintained strong pricing in established areas. The ultra-luxury segment recorded 269 transactions worth Dh16.57 billion, marking increases of 11.2% in deals and 11.5% in total value compared to 2025.