Dubai's Third Priciest Apartment Sells for Dh422 Million

Mar 5, 2026

48 min

Mar 5, 2026 12:31

Dubai records Dh422m apartment sale, third highest ever amid regional tensions

## Record-Breaking Sale in Dubai

Dubai's real estate market has witnessed a significant transaction with the sale of an apartment for Dh422 million, marking it as the third most expensive apartment ever sold in the city. This off-plan unit is part of the Aman Residences in Jumeirah 2, a luxury development by H&H Development.

## Apartment Details

The property spans approximately 31,200 square feet and includes six bedrooms and eight parking spaces. The price per square foot is estimated at Dh13,525. Despite regional geopolitical tensions, Dubai's real estate sector, particularly the ultra-prime segment, continues to attract substantial investor interest.

## Historical Context

This sale follows two other high-value transactions in Dubai's property market. The most expensive apartment was sold in 2025 at Bugatti Residences by Binghatti for Dh550 million. The second was a unit at Como Residences by Nakheel, sold for Dh500 million in 2023. These transactions highlight the ongoing demand for luxury properties in Dubai's prime locations.

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