* Dubai recorded 948 sales in the luxury property segment, each valued at AED 15 million ($4 million) or more, during the first five months of 2024.
* These high-value transactions were concentrated in key areas such as Palm Jumeirah, Mohammed bin Rashid City, Dubai Water Canal, Tilal Al Ghaf, and Dubai Hills Estate.
* In detail, the highest transactions include an AED 165.6 million sale at Ritz Carlton Residences by MAG in Dubai Healthcare City, an AED 140.5 million sale in Meraas’ Bulgari Lighthouse, Jumeirah Bay, and an AED 140 million sale transaction in Fendi Casa Canal by AHS Properties in Dubai WaterCanal.
