Dubai's real estate sector recorded 335 sales of residences valued at over $10 million in the first eight months of 2026, underlining the city’s position as one of the world’s top luxury residential markets, said a report. Palm Jumeirah retained its position as a hot favourite for high-end property investors.
Meraas, a member of Dubai Holding Real Estate, has awarded a contract valued at nearly AED1 billion ($272.3 million) for the construction of 272 new villas and townhouses in Phase 7 of the Nad Al Sheba Gardens residential development. The project is set for completion in Q2 2028.
Nakheel has announced the launch of 'Podium Villas at Palm Beach Towers', a limited collection of 16 beachfront homes located at the gateway to Palm Jumeirah, within one of Dubai’s most connected coastal addresses. Set for 2027 handover, it will feature a mix of two- to four-bedroom units along with key amenities.
Asas Makeen for Real Estate Development Company has announced that it has secured a major contract from Awa'id Al Hada for the development of a villa community project in Riyadh. The scope of work includes management and construction of key residential units over a 10,468 sq m area.
Azizi Developments has begun the handover of its mixed-use community - Beach Oasis I - in Dubai Studio City. Spread across two buildings, Beach Oasis I is a low-rise residential community featuring 762 apartments with a mix of studios, one- and two-bedroom units.
Pasha1 Developers has announced the launch of its debut residential project in Dubai, Stax, featuring 528 units across two towers at Jumeirah Village Circle (JVC). Tower A comprises 302 units and Tower B has 226 with a mix of studios, one- and two-bedroom apartments as well as three-bed duplexes.
Nakheel has announced the launch of Palm Central Private Residences, a new landmark in resort-style, residential living located on Palm Jebel Ali featuring 212 residences across three mid-rise buildings with panoramic views of the sea and skyline.
Abu Dhabi sovereign investor Mubadala and Taraf, the real estate division of Yas Holding, have sealed a partnership deal with Kerzner International Holdings, a key developer of luxury hospitality and residential properties, to introduce a new collection of One&Only Private Residences on Al Maryah Island.
Meraki Developers has launched Nirvana Residence 1, an exceptional 22-storey residential tower located in the tranquil setting of Me'aisem, Dubai Production City.
