A 52,866 sq ft beachfront plot on Naïa Island sold for AED 377 million, marking one of Dubai’s largest single residential land deals and the second-highest transaction of 2026.
Dubai Sotheby's International Realty brokered the deal for a private end-user, with the site designated for a single residence.
Pricing reached around AED 9,500 per sq ft of GFA, with some plots on the island hitting AED 11,000, exceeding established global ultra-prime markets.
Naïa Island has recorded 63 transactions since its late 2025 launch, with over 75% of plots sold. The development accounts for 40% of Dubai’s seaside transactions above AED150 million between January 2025 and April 2026.
Plot values on the island have increased by up to 69% since launch, reflecting strong demand for large, low-density beachfront estates.
Gulf Economist Staff Writer