Disk laser weld brazing of dissimilar metals was carried out. Aluminum alloy 5083 and commercially pure titanium Grade 2 with the thickness of 2.0 mm were used as experimental materials. Butt weld brazed joints were produced under different welding parameters. The 5087 aluminum alloy filler wire with a diameter of 1.2 mm was used for joining dissimilar metals. The elimination of weld metal cracking was attained by offsetting the laser beam. When the offset was 0 mm, the intermixing of both metals was too high, thus producing higher amount of intermetallic compounds (IMCs). Higher amount of IMCs resulted in poorer mechanical properties of produced joints. Grain refinement in the fusion zone occurred especially due to the high cooling rates during laser beam joining. Reactions at the interface varied in the dependence of its location. Continuous thin IMC layer was observed directly at the titanium–weld metal interface. Microhardness of an IMC island in the weld metal reached up to 452.2 HV0.1. The XRD analysis confirmed the presence of tetragonal Al3Ti intermetallic compound. The highest tensile strength was recorded in the case when the laser beam offset of 300 μm from the joint centerline toward aluminum alloy was utilized.