Dubai's US$10 million-plus home market was busy in the first half of 2026, then much quieter in the third quarter. In the land record, 145 apartments sold at that level in January–June. Sales fell from 52 in April–June to 30 in July–September.
US$10 million is AED 36.7 million at the pegged rate. We count apartments, because they are registered as units. Villas at this price are harder to pin down, for reasons we set out below.
How many US$10m homes sell in Dubai?
Table: Dubai apartment sales registered at AED 36.7 million (US$10m) or more, 2023 to September 2026. US$25m is AED 91.8 million. Source: DLD registered sales, Peak Trust Research.
| Period | Sales at US$10m+ | First half | Second half | Of which US$25m+ |
|---|---|---|---|---|
| 2023 | 274 | 147 | 127 | 42 |
| 2024 | 192 | 108 | 84 | 15 |
| 2025 | 285 | 158 | 127 | 36 |
| 2026 (Jan–Sep) | 175 | 145 | 30 (Q3) | 24 |
2025 was the busiest of the three full years, and 2024 the quietest. We don't set the 2026 count against 2025's, because our record feed changed early in 2026. Within 2026, the months from April are comparable.
What happened in the third quarter?
For this part we count apartments only, because apartments are registered as units. Villas at this price are harder to pin down. In 2025, all 88 sales of AED 36.7 million or more at Palm Jebel Ali were registered as land, as were 41 of 46 in the Dubai Hills area. From April 2026 the filing changed again, and only four villa records at this price appear between April and September. The record doesn't separate finished villas from plots, so a villa count from it would be unreliable.
Table: apartment sales registered at AED 36.7 million (US$10m) or more in Dubai, by month, April–September 2026. Source: DLD registered sales, Peak Trust Research.
| Month (2026) | Sales |
|---|---|
| April | 24 |
| May | 18 |
| June | 10 |
| July | 14 |
| August | 12 |
| September | 4 |
That makes 52 in the second quarter and 30 in the third. Prime deals register weeks after they're agreed, so some summer deals may still appear in October. Even so, September's four is the lowest month of the year so far. We compare counts only within 2026 from April, because our record feed changed earlier in the year.
What sells at US$10m, and where?
Table: Dubai apartment sales at AED 36.7m or more, 2023 to September 2026. n = registered sale records. Median AED per sq ft and size are for those sales. Source: DLD registered sales, Peak Trust Research.
| Year | Sales (n) | Off-plan share | Median price (AED m) | Median AED/sq ft | Median size (sq ft) |
|---|---|---|---|---|---|
| 2023 | 274 | 82.8% | 55.2 | 6,284 | 8,896 |
| 2024 | 192 | 75.0% | 54.0 | 7,012 | 8,188 |
| 2025 | 285 | 83.2% | 52.1 | 7,682 | 7,728 |
| 2026 (Jan–Sep) | 175 | 89.1% | 53.2 | 7,273 | 7,346 |
Most of these are new towers sold before completion: nine in ten in 2026. The 2026 count can't be compared with 2025's because of the feed change, but the shares and medians can. A few bulk purchases are registered unit by unit at a shared total, which is why we show medians rather than sums.
Table: Dubai areas with the most apartment sales at AED 36.7m or more, 2023 to September 2026, with the leading projects in our records. Source: DLD registered sales, Peak Trust Research.
| Area | Sales (n) | Off-plan | Median AED/sq ft | Leading projects |
|---|---|---|---|---|
| Palm Jumeirah | 378 | 313 | 7,026 | Como Residences, Orla, Six Senses, The Alba |
| Jumeirah 2 | 101 | 92 | 9,628 | Aman Residences, Peninsula Dubai Residences |
| Downtown Dubai | 79 | 60 | 4,820 | Address Grand Downtown, Baccarat |
| Business Bay | 75 | 59 | 6,979 | Bugatti Residences, Vela |
| Jumeirah 1 (La Mer) | 72 | 72 | 7,684 | Jumeirah Asora Bay |
| Jumeira Bay Island | 69 | 47 | 11,776 | Bulgari Lighthouse, BV Residences |
| Al Wasl | 49 | 49 | 4,889 | |
| Dubai Marina | 35 | 25 | 6,143 |
Palm Jumeirah led every year. The rest of the list is what changed. In 2023 the Palm accounted for 146 of 274 sales. By 2025 Jumeirah 2 and Jumeirah 1, where the new beachfront towers at La Mer stand, had 55 each, and in 2026 so far Jumeirah 2 has 36 to the Palm's 58. Prime buyers have spread to a handful of branded towers along the Jumeirah coast, and to Business Bay and Downtown Dubai. Prices per foot vary a lot even at this level: a median AED 4,820 per sq ft in Downtown against AED 11,776 on Jumeira Bay Island.
What it means for investors
- Liquidity at this level is thin. With four apartment sales registered in September, a seller can wait months for a buyer. Price a US$10m resale on recent registered sales in the same building, not on a launch price.
- Most of it is off-plan. Nine in ten 2026 sales were. Completion dates and the developer's delivery record matter as much as location here, and Central Bank rules cap any off-plan mortgage at 50%.
- Watch October's registrations. Prime deals register weeks after they are agreed, so late-summer deals could still lift the third-quarter count.
- Don't read one record as a trend. A single AED 400 million sale moves this segment's totals, which is why we show medians and counts.
For a view on a specific prime purchase, see how we work with investors. For the price gap between new and finished homes at every level, read off-plan or ready in Dubai.
Peak Trust advises developers and investors. Rankings use registered DLD data only.