Aman Residences Units in Jumeirah 2 Sell for Combined Dhs112.3 Million

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Aman Residences Units Sell for Dhs112.3 Million | AI-Generated Image

Data from the Dubai Land Department’s REST app placed the value of one two-bedroom unit at Dhs57.6 million and the second at Dhs55 million within the Aman Residences Dubai development in Jumeirah 2. The transactions achieved an average price of Dhs29,300 per square foot for the combined 7,651 square feet of space. The Dubai Land Department recorded the deals as part of ongoing high-end residential activity in the established neighbourhood.

The department’s midday update for August 11, 2026 showed Jumeirah 2 had registered Dhs519 million in total sales across 265 transactions. Mortgages for the same period reached Dhs111.4 million through 41 deals while three gift transactions added Dhs6 million. These aggregates highlight the volume of activity accompanying the standout luxury transfers.

Earlier Dubai Land Department figures documented multiple high-value closings at the Aman Residences project during 2026, including an apartment sold for Dhs422 million in March. The development has attracted attention for its ultra-luxury specifications and location within Jumeirah 2. Such repeated large-ticket sales indicate consistent demand for branded residences in prime districts.

A Mordor Intelligence sector assessment estimated the UAE luxury residential real estate market at USD 49.32 billion in 2026, rising from USD 45.11 billion the previous year. The consultancy attributed the expansion to sustained interest from high-net-worth buyers and the emirate’s economic diversification initiatives. Luxury properties have continued to outperform broader segments according to the firm’s analysis.

Arabian Business reported that Dubai completed 296 residential transactions valued above $10 million in the first half of 2026. The publication noted this volume reinforced the city’s standing alongside other global luxury hubs such as London and New York. High-end sales have maintained momentum despite periodic market adjustments.

The Aman Residences project represents a collaboration between the Swiss hospitality brand and local developers focused on exclusive living concepts. Dubai Land Department transaction records show Jumeirah 2 has featured regularly in the city’s luxury trade throughout the current year. Additional context from ValuStrat market research placed average transacted prices for ready luxury homes at AED 1,691 per square foot in early 2026, up more than 5 percent year-on-year.

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Industry Gulf NewsDesk is the desk responsible for Industry Gulf's daily news coverage, monitoring and reporting developments across the Gulf from official sources, including national news agencies and government communications. Its focus is accurate, timely and factual coverage of the region.