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In the newsGulf News ·August 2026

Dubai luxury market shifts towards trust, exclusive property access

AED 24.4M

A residence at District One West Phase 2 has sold for Dh24.4 million in a transaction brokered by CBA Real Estate portfolio advisor Fedy Arapi. Gulf News reported the deal in August 2026 as an example of a wider shift at the top of Dubai's market, where buyers increasingly depend on brokers who have direct relationships with sellers rather than on online listings alone.

The deal

The sale price works out to about Dh2,722 per square foot. That is above the development's displayed median of roughly Dh2,330 per square foot, and well above the project's recent median transaction value of around Dh14 million. It places the sale among the higher-value recent transactions in District One West.

The parties to the sale have not been disclosed. CBA's network provided the reach needed to bring buyer and seller together and see the deal through to completion.

What it says about the market

Dubai's prime residential segment continues to attract wealthy investors and end users. At the same time, quality homes are tightly held, and owners are more selective about which brokers they allow to represent them.

That changes the buyer's problem. Finding listings is easy. Knowing which ones are genuine, which are still available and which are handled by a broker who actually speaks to the owner is much harder.

"The real measure of a brokerage is not how many properties it can advertise," said Dr. Salman Bin Ali, CEO of CBA Real Estate.

Dr. Salman Bin Ali also said the company holds billions of dirhams in exclusive inventory across Dubai, which gives its advisors access to homes that are not widely marketed.

What it means for buyers and sellers

For buyers at this level, the lesson is to ask early whether a broker has a direct mandate from the owner. It saves time, avoids chasing properties that are no longer available and puts the buyer in a stronger position to negotiate.

For sellers, the District One West result shows that a well-represented, exclusive property can achieve a price meaningfully above the community median when it reaches the right buyer. Arapi noted that deals of this size are not the product of simply uploading a listing and waiting for calls; they come from active work and relationships.

  • Community: District One West Phase 2, Dubai
  • Price: Dh24.4 million
  • Price per square foot: about Dh2,722
  • Advisor: Fedy Arapi, CBA Real Estate

About CBA Real Estate

CBA Real Estate is a Dubai brokerage founded at the end of 2022 by Dr. Salman Bin Ali, who leads the company as CEO, with Yelena Chuiko as Managing Partner. The firm is registered with the Real Estate Regulatory Agency under ORN 39665.

This story was first reported by Gulf News in August 2026.

Read the original on Gulf News ↗

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