Hasmukh
Indeed, even in eleven dimensions (D=11) there are 5-dimensional branes solutions. Here's how to see it. 11-dimensional supergravity contains a C-field (M-theory 3-form), which gives rise to a field strength that is a 4-form, F. A (p+2)-form field strength couples to sources that are p-dimensional. So the 4-form field strength couples to 2-brane sources. The 4-form field strength has a magnetic dual that is a (D-p-2)-form, which in D=11 gives a 7-form field strength F*. This couples to 5-brane sources.
However, bosonic string theory lives in 26-dimensions, so its connection to D=11 M-theory is still murky. It was conjectured that there might exist a D=27 bosonic M-theory that contains the bosonic string theory in D=26 as a compactification limit. As argued by Horowitz and Susskind, the theory contains a C-field (bosonic M-theory 3-form), which gives a 4-form that once again couples to 2-branes. These 2-branes have magnetic duals that are 21-dimensional branes.
Further mathematical studies will likely shed light on the validity of such a bosonic M-theory. So far, from lattice and sporadic group arguments, there does seem to be hints of a 27-dimensional structure.