Dubai’s ultra-luxury property boom continued its strong momentum in 2025, with Palm Jebel Ali emerging as the leading destination for homes priced above Dh20 million. The waterfront development overtook Palm Jumeirah, highlighting a shift in investor preference toward newer, large-scale luxury communities.
According to market data, 2,489 ultra-luxury residential transactions were recorded during the year, driven largely by off-plan sales, which accounted for nearly two-thirds of total deals. Palm Jebel Ali alone represented around one-fifth of these transactions, generating Dh12.4 billion in sales as demand rose for spacious beachfront villas offering privacy and long-term capital growth.
The surge reflects Dubai’s growing appeal to global high-net-worth individuals, supported by tax efficiency, economic stability, and the limited supply of prime waterfront properties. Analysts expect Dubai’s ultra-luxury property boom to remain resilient through 2026 as international demand continues to outpace new supply.
