Dubai’s Most Expensive Villa Is Sold for AED 280 Million
July 04, 2022 - Dubai
A custom-built, 33,300-square-foot megamansion is sold in April for AED 280 million (US$76.2 million), the record for Dubai’s most expensive villa. The villa has a huge roof terrace.
The 33,300-square-foot waterfront property boasts 10 bedrooms, indoor and outdoor pools. A Double-height ceilings and walls of windows can be found throughout the house. Part of the "seven-star spa."
The sale price of the megamansion was about 33% more than the previous record, set in 2015, of AED 185 million, according to Property Monitor, the Dubai-based real estate platform. The company confirmed last week’s sale was the priciest residence ever sold in the city.
Located on the north frond of the man-made island Palm Jumeirah, the residence features close to 230 feet of private beachfront on the Persian Gulf. It also has a host of other amenities, according to listing agent Conor McKay of Belleview Real Estate.
Source Via Mansionglobal
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