The Dreamlands are apparently divided into four regions:
- The West contains the Steps of Deeper Slumber (descended via the "Cavern of Flame") and the
Enchanted Woods by which many enter the Dreamlands. Other points of interest include the port of
Dylath-Leen, one of the Dreamlands' largest cities; the town of
Ulthar "where no man may kill a cat,"
 the coastal jungle city of Hlanith, and the desert trading capital Illarnek. Here lies the fabled Land of Mnar, whose gray stones are etched with signs and where rise the ruins of the great
- The South, home of the isle of
Oriab and the areas known as the Fantastic Realms (described in "The White Ship").
- The East, home of
Celephaïs, a city dreamt into being by its monarch
Kuranes, greatest of all recorded dreamers, and the dangerous Forbidden Lands.
- The North, location of the feared
Plateau of Leng, home of man-eating spiders and the
satyr-like "Men of Leng".
Other locales include the
Underworld, a subterranean region underneath the Dreamlands inhabited by various monsters; the
Moon, accessible via a ship and inhabited by toad-like "moon-beasts" allied with
Nyarlathotep; and Kadath, a huge castle atop a mountain and the domain of the "Great Ones", the gods of Earth's Dreamland.
Evidently all dreamers see the Dreamlands slightly differently, as Atal, High Priest of Ulthar, mentions that everyone has their own dreamland. In the same sentence he says the Dreamlands that many know is a "general land of vision."