On 13 July 2026, Lucretia shared the standout figure of the half-year on Instagram: €102 million for a single apartment in Dubai, the most expensive transaction ever recorded over the period.
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In a post published on 13 July 2026 on our Instagram account (@lucretia_immobilier), we highlighted the most striking figure of the first half of 2026 in Dubai: €102 million paid for a single apartment, the most expensive transaction ever recorded over this period. Behind this record lies a luxury market breaking its own peaks, driven by sustained international demand and an accelerating local economy. Here is what these figures mean in concrete terms for an investor.
@lucretia_immobilier · 13 July 2026
€102 million. That's the price paid for a single apartment in Dubai this half-year — the most expensive transaction ever recorded over this period. In this week's news roundup: 📈 Luxury is booming in the first half of 2026: 296 sales above €10M, an all-time record, for €4.6 billion in total (+14% vs H1 2025) 💰 Last week: €3.8 billion in transactions in 5 days, with two standout sales on Palm Jumeirah (Orla Infinity and Six Senses Residences) 📊 June marks the best month since April: over €8 billion in transactions, +31% vs May 🏦 Dubai's GDP confirms the trend: +2.4% in Q1 2026, and +9.8% forecast for 2027 by the Central Bank ☀️ And on the lifestyle side: Dubai Summer Surprises is under way (29th edition, until 30 August), and the city is living the World Cup to the fullest One thing is certain: Dubai never slows down. And tonight, a special thought for the French team facing Spain in the semi-final. We're with you 🇫🇷 See you on Monday for a new edition. #Dubai #Immobilier #DubaiRealEstate #Luxury #Investissement
The key points
- An apartment in Dubai was acquired for €102 million in the first half of 2026, the most expensive transaction ever recorded over this period.
- The first half of 2026 counted 296 sales above €10 million, an all-time record, for a total of €4.6 billion (+14% compared with H1 2025).
- In the week before 13 July 2026, Dubai recorded €3.8 billion in transactions in five days, including two standout sales on Palm Jumeirah (Orla Infinity and Six Senses Residences).
- June 2026 exceeded €8 billion in transactions, up 31% on May, the best month since April.
- Dubai's GDP rose 2.4% in the first quarter of 2026, with 9.8% growth forecast for 2027 by the Central Bank.
Dubai luxury reaches a new level
Dubai's ultra-prime segment knows no ceiling. In the first half of 2026, the city totalled 296 sales above €10 million, an all-time record, for €4.6 billion traded — an increase of 14% compared with the first half of 2025. The €102 million record for a single apartment illustrates the arrival of a wealthy international clientele targeting the rarest addresses.
This momentum is also visible in the pace of transactions: in the week before our post, €3.8 billion changed hands in five days, and June 2026 exceeded €8 billion, up 31% on May. To understand these cycles and the structure of supply, our guide to Dubai real estate market trends puts these figures into context.
Palm Jumeirah, epicentre of ultra-prime demand
Two of the week's standout sales closed on Palm Jumeirah, with the Orla Infinity and Six Senses Residences projects. The palm-shaped artificial island remains the most coveted address in the luxury segment, where the supply of beachfront villas and apartments is structurally limited. This scarcity feeds both prices and the depth of resale demand.
We follow these signature addresses closely: the Palm Jumeirah profile details the district's positioning, and that of the Six Senses Residences project presents one of the developments mentioned in our post.
An economy that supports real estate
The market's strength does not rest on luxury alone: it is underpinned by solid economic fundamentals. Dubai's GDP rose 2.4% in the first quarter of 2026, and the Central Bank forecasts 9.8% growth for 2027. This trajectory supports job creation, an inflow of residents and, in turn, both rental and purchase demand.
For an investor, this context combines with one of the most favourable tax frameworks in the world: in Dubai, individuals pay no tax on rental income or on property capital gains. Our guide to property taxation in Dubai spells out precisely what a buyer actually pays.
What it changes for the investor
A €102 million record makes for a striking showcase, but it does not sum up the opportunity for an investor. What interests us is what this peak reveals: market depth in the prime segment, with 296 sales above €10 million in the first half of 2026, which lends credibility to resale liquidity at the best addresses. In rare districts like Palm Jumeirah, the supply constraint works in favour of the medium-term holder.
We would stress, however, that these aggregate figures blend ultra-luxury and the mainstream market: a past return or a record transaction is no indication of future performance, and each district follows its own pricing and rental logic. The combination of 0% tax on rents and capital gains for individuals, a growing economy and access to the Golden Visa for certain investments reinforces Dubai's appeal, but the choice of property, floor, view and developer remains decisive.
This is precisely where we come in: our local presence gives us access to often off-market opportunities and allows us to secure every stage, from choosing the asset to handing over the keys. To position Dubai against other destinations, our guide Dubai or Bali: which market for which profile and our Investing in Dubai page are a good starting point.
Source: Original post on Instagram (@lucretia_immobilier) — 13 July 2026
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About the author
Benoit CLAUDEL
Director of Strategy & Operations
With over 18 years of experience in real estate and wealth management, Benoît has developed recognized expertise in advising private investors, business executives and family offices. After starting out in a real estate agency and working within one of the most reputable wealth management firms in Paris, he then joined LCL as Head of Private Banking for Île-de-France, advising high-income clients on their real estate strategies. An entrepreneur, he founded and ran his own wealth management firm for 7 years, structuring investment and wealth optimization solutions. Today at Lucretia, Benoît oversees operational strategy, sales performance and advisor training. He works on high-value-added cases, particularly investments via French holding companies, legal structuring and wealth taxation.
