Prime Residential Hybrid
Rank 08
Dubai Super-Prime
The only market that printed 296 homes above $10m in a single half-year — and the one Savills is now marking −10% on oversupply.
Photograph by NASA, Public Domain, via Wikimedia Commons, resized
Why it is here
Knight Frank: 296 Dubai homes above $10m in H1 2026 for $5.1bn (+14% vs H1 2025). Dubai Hills 51 of those tickets, Palm Jumeirah 50, Palm Jebel Ali 40. KF Q1 2026 desk: Palm Jumeirah AED 4,525 psf (+19% YoY), Emirates Hills AED 5,288 psf (+14%), Downtown AED 3,010 psf. PIRI 2025 +25.1%; PGCI still +13.0% YoY to Q1 2026. Savills prices the wider prime basket at only $1,170 psf / €10,800/sqm. Then the H1 2026 Savills index turns: Dubai the clear outlier, values forecast around −10% on oversupply and geopolitical uncertainty. JLL Q2 2026 sees prices and rents moderating. Ranked for $10m+ depth, not for the brochure’s ‘no correction’ line.
Who it is for
End-user UHNW families who will live in a completed Palm or Hills villa and treat off-plan apartment towers as someone else’s inventory problem.
Sources
- Record-breaking 296 US$ 10 million+ homes sell in Dubai during H1 2026296 sales >$10m in H1 2026 / $5.1bn (+14%); Hills 51, Palm Jumeirah 50, Palm Jebel Ali 40; flip-rate 4% vs 25% in 2008.
- Dubai Residential Market Review Q1 2026Palm Jumeirah AED 4,525 psf (+19% YoY); Emirates Hills AED 5,288 psf (+14%); Downtown AED 3,010 psf; prime basket AED 4,317 psf.
- The Wealth Report 2026PIRI Dubai +25.1% in 2025 (rank 2); five-year +193.9%; 500 homes >US$10m in 2025.
- World Cities Prime Residential Index 2026 forecast vs 2025 growthDubai Dec 2025 $1,170 psf / €10,800 psm; 2025 +11.2%.
- Spotlight: World Cities Prime Residential Index – H1 2026Dubai the clear outlier: values forecast to fall by around −10% as oversupply and geopolitical uncertainty weigh.
