In the last 90 days in the secondary market in Dubai, several high-value properties were sold for 50M AED or more. The properties include six-bedroom villas in Signature Villas Frond I, N, F, M, E, G, and P on Palm Jumeirah, two-bedroom villas in Emirates Hills - Sector L, residential land in Dubai Hills Estate, a 6-bedroom villa in Hills View, 5-bedroom villa property in Bulgari Mansions on Jumeirah Bay Island, and residential land in Umm Suqeim Second and Business Bay. The highest sold property was a 7-bedroom villa in 22 Carat Hotel Apartment and Villas on Palm Jumeirah, which was sold for AED 183M on 02/09/2023.


Location: Palm Jumeirah

Nine properties, each worth 50 Million or more were sold in Palm Jumeirah, highest number of transactions in this price range shows the interest of investors in the location seeking high-end properties in Dubai.

following are the details of each property sold,

Project-Signature Villas Frond I (Al Merziban)

6-Bedroom Villa Property

Size: 7,000 sqft

Villa Number: Signature Villas - PJJPFI06

Sold on 02/21/2023 for AED 63M

Project-22 Carat Hotel Apartment and Villas

7-Bedroom Villa Property

Size: 12,138 sqft

Villa Number: Club Villas - V01

Sold on 02/09/2023 for AED 183M

Project-Signature Villas Frond N (Al Naghal)

6-Bedroom Villa Property

Sold on 02/07/23 for AED 50M

Project-Signature Villas Frond F (Al Yabri)

6-Bedroom Villa Property

Size: 7,000 sqft

Villa Number: Signature Villas - PJFRF091

Sold on 01/30/2023 for AED 125M

Project-Signature Villas Frond M (Al Sefri)

6-Bedroom Villa Property

Size: 7,000 sqft

Sold on 01/27/23 for AED 86.2M

Project-Signature Villas Frond E (Al Bumaan)

6-Bedroom Villa Property

Size: 7,000 sqft

Villa Number: Signature Villas - PJFRE103

Sold on 01/05/2023 for AED 60M

Project-Signature Villas Frond P (Al Anwan)

6-Bedroom Villa Property

Size: 7,000 sqft

Villa Number: PJJPFJ24

Sold on 12/28/2022 for AED 57M

Project-Signature Villas Frond G (Al Shishi)

6-Bedroom Villa Property

Size: 7,000 sqft

Villa Number: Signature Villas - PJJPFG21

Sold on 12/27/2022 for AED 95M

Project-Signature Villas Frond G (Al Shishi)

6-Bedroom Villa Property

Size: 11,808 sqft

Villa Number: PJFRGTP01B

Sold on 12/21/2022 for AED 85M

Location: Emirates Hills

Multiple Villa properties got sold in Emirates Hills, making it another prominent choice for a luxurious lifestyle in Dubai.

Project-Emirate Hills - Sector L

2-bedroom villa property

Villa no. Sector L - L52

13,807 sqft

Sold on 02/16/2023 at AED 70M

Project-Emirate Hills - Sector L

2-bedroom villa property

Villa no. Sector L - L52

13,807 sqft

Sold on 02/07/2023 at AED 70M

Project-Emirate Hills - Sector L

2-bedroom villa property

Villa no. Sector L - L52

13,807 sqft

Sold on 02/07/2023 at AED 70M

Location: Dubai Hills Estate

one transaction for residential land while one for a villa was recorded in Dubai Hills Estate, a fantastic location offering luxuries and great views

Residential Land

15,335 sqft

Sold on 02/23/2023 at AED 50M

Project-Hills View

6-bedroom villa property

Villa no. Emerald Hills 4,0166

4700 sqft

Sold on 02/03/2023 at AED 54M

Location: Jumeirah Bay Island

Just one transaction for a luxurious villa property was recorded in Jumeirah Bay Island,

Project-Bulgari Mansions

5-bedroom villa property

Villa no. Bvlgari Mansions - 11

8340 sqft

Sold on 01/03/2023 at AED 115M 

Location: Umm Suqeim Second

Two transactions for residential lands were recorded in Umm Suqeim, making it one of the main choices of investors seeking high-end residences.

Residential Land

159,601 sqft

Sold on 02/23/2023 at AED 115.7M

Residential Land

85,997 sqft

Sold on 02/06/2023 at AED 55M

Location: Business Bay

Just one transaction in the Residential land, category, was recorded in this Price range,

Residential land

32,292 sqft

Sold on 02/14/2023 at AED 75M

Location: Jumeirah Second

Although just one property was sold in Jumeirah Second under the high-value range of 50M or more, it's still a noticeable transaction to be recorded in the period of 90 days only

Project-Private Residences - Four Seasons Resort

3-bedroom apartment property

Apartment no. 404

5,682 sqft

Sold on 01/19/2023 at AED 54M



The information provided is from the sources of the Broker Terminal, an innovative platform that boasts an impressive scope, covering over 6,000 real estate projects across all freehold locations in Dubai. This includes comprehensive details about 360 developers and their respective projects. With such an extensive and thorough database, Broker Terminal serves as an unmatched resource for investors seeking to make informed decisions in the Dubai real estate market. Its unparalleled depth and breadth of information make it an essential tool for anyone looking to stay ahead of the curve in this fast-paced industry.

Also take a look at the high value sales in Dubai's primary market:

https://brokerterminal.com/news/post/jumeirah-bay-island-dominates-dubai's-real-estate-primary-market-with-booming-sales-of-luxury-properties-including-a-aed-160.3-million-bulgari-lighthouse-apartment

SHARE:

BrokerTerminal

BrokerTerminal.com is the largest real estate website in the UAE with a wide range of residential and commercial properties for sale and for rent. Browse the huge inventory properties by starting your property search today on BrokerTerminal!

Leave A Reply

Your email address will not be published.*