Dubai Property Market Sees Dh900 Million in Major Deals

Jul 3, 2026

37 min

Jul 3, 2026 08:32

Dubai property market records Dh900m in landmark land and luxury villa deals

## Landmark Land Sales

Dubai's real estate sector recently witnessed significant transactions totaling nearly Dh900 million. A major portion of this sum came from the sale of four land plots in the City of Arabia, which collectively fetched Dh808 million. These plots span 1.87 million square feet, with an average price of Dh432 per square foot, indicating strong demand for land in this area.

## Luxury Villa Transaction

In addition to the land sales, a luxury villa on Palm Jumeirah was sold for Dh90 million. This property, part of the Passo by Beyond development, covers 12,400 square feet and achieved an impressive average price of Dh7,265 per square foot. The sale underscores the ongoing interest in high-end waterfront properties in Dubai.

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