This article introduces a power-efficient and lowcost CMOS 28-GHz phased-array beamformer supporting fifthgeneration (5G) dual-polarized multiple-in-multiple-out (MIMO) (DP-MIMO) operation. To improve the cross-polarization (crosspol.) isolation degraded by the antennas and propagation, a power-efficient analog-assisted cross-pol. leakage cancellation technique is implemented. After the high-accuracy cancellation, more than 41.3-dB cross-pol. isolation is maintained along with the transmitter array to the receiver array. The element-beamformer in this work adopts the compact neutralized bi-directional architecture featuring a minimized manufacturing cost. The proposed beamformer achieves 22% per path TX-mode efficiency and a 4.9-dB RX-mode noise figure. The required onchip area for the beamformer is only 0.48 mm 2 . In over-the-air measurement, a 64-element dual-polarized phased-array module achieves 52.2-dBm saturated effective isotropic radiated power (EIRP). The 5G standard-compliant OFDMA-mode modulated signals of up to 256-QAM could be supported by the 64-element modules. With the help of the cross-pol. leakage cancellation technique, the proposed array module realizes improved DP-MIMO EVMs even under severe polarization coupling and rotation conditions. The measured DP-MIMO EVMs are 3.4% in both 64-QAM and 256-QAM. The consumed power per