Dubai is a city known for its luxury and opulence, and its real estate market is no exception. In recent years, there have been a number of record-breaking property sales in the city, with some of the most expensive homes in the world being sold in Dubai.
This article will take a look at the 10 most expensive homes in Dubai.
1. Villa on Palm Jumeirah for Dh280 million
A luxury villa on Palm Jumeirah has become the most expensive property ever sold in the Emirates after it was purchased for Dh280 million.
The custom-built contemporary white villa features an enormous 33,000 square feet of living space, seven-star spa hotel amenities, more than 70 meters of private beachfront, imported and hand-selected book-matched Italian marble, and furnishings by ultra-luxury Italian furniture houses Giorgetti and Minotti.
The villa is located close to The Pointe, a chic waterfront location, and is just a short drive from Dubai Marina and Jumeirah Beach Residence (JBR), two popular tourist destinations.
The sale of the villa is a sign of the continued strength of the luxury property market in Dubai. In recent years, the city has seen a surge in demand for luxury homes from wealthy investors from around the world.
2. A mansion on Jumeirah Bay Island for Dh121 million
A luxurious mansion located on Jumeirah Bay Island was sold for Dh121 million in 2021, making it the most expensive property sold in the Emirates last year. According to industry executives, the sale of the luxury villa broke records due to its prime location, which offers views of the Emirate’s skyline, including the iconic Burj Khalifa, from most parts of the property.
The super-prime location of the mansion was a key factor in its record-breaking sale, as it provided the buyer with spectacular views of the city’s skyline. The property’s exceptional location on Jumeirah Bay Island offers an exclusive lifestyle, which added to the value of the luxurious villa. This sale demonstrates the strong demand for high-end properties in Dubai, particularly those with prime locations and exceptional views.
3. An ultra-luxury villa in the XXII Carat project for Dh119.5 million
In June of last year, a luxurious home located in the XXII Carat development on the Palm Jumeirah was sold for Dh119.5 million. The property, which is located on the Crescent of the Palm island, boasts a private beach, a swimming pool, and a well-manicured garden.
Spanning across an area of 22,000 square metres, the mansion features an open kitchen, a bar, a steam room, and seven bedrooms with en suite bathrooms. This magnificent villa is sure to impress those seeking the most extravagant properties in Dubai.
4. A custom-built contemporary villa on The Palm Jumeirah for Dh111.25 million
One100Palm – a bespoke modern mansion located on the Frond N of The Palm Jumeirah. In March of this year, a lucky Swiss family from Monaco got their hands on this luxurious property for a whopping Dh111.25 million! And it’s not hard to see why – with a built-up area of 14,000 square feet and three storeys, this property is truly a masterpiece of contemporary design.
Inside, the mansion boasts five VIP bedroom suites, each more spacious than the last. And the master suite? It’s a true wonder, spanning a breathtaking 1,300 square feet! With such extravagant features, it’s no surprise that this property was one of the most sought-after and luxurious in all of Dubai. So, if you’re looking for the epitome of luxury living, One100Palm is the place for you!
5. A mansion in Dubai Hills Grove for Dh103 million
Dubai is home to some of the world’s most expensive residences. One such property is a 31,296 sq ft mansion located in the Dubai Hills Grove neighborhood, which was sold for Dh103 million. This rapidly expanding neighborhood offers many amenities, making it an ideal location for those looking to live a comfortable lifestyle.
In addition, the villas in Dubai Hills Grove offer stunning views of the nearby golf course, which is just a short distance away from the community. These villas come equipped with a range of amenities, including laundry rooms, storage rooms, maid’s quarters, private pools, and driver’s quarters.
Read also: Top 8 Benefits of Hiring A Real Estate Agent In Dubai
6. A villa in Emirates Hills for Dh102.8 million
This stunning property, which boasts a massive plot of 38,000 square feet and a built-up area of 20,000 sq ft, has been sold for an unbelievable Dh102.8 million! And the cherry on top? The villa was sold by a Maltese businessman to an Indian entrepreneur, making this a truly global affair.
Nestled in the prestigious community of Emirates Hills, this villa is the epitome of luxury living. With such a vast plot of land, residents can bask in the tranquillity of their surroundings and revel in the lavish amenities that this property has to offer. It’s no surprise that this sale has become the second-highest ever in the community, as this villa truly is a masterpiece of opulence and extravagance.
7. A Penthouse Apartment on One Palm for Dh102 million
This magnificent property was sold for an astonishing Dh102 million, and it’s not hard to see why. With five stunning bathrooms with en suites, several luxurious living spaces, and breathtaking terraces boasting unobstructed views of the Arabian Gulf and Dubai Marina’s skyline, this is the epitome of opulence and grandeur.
But that’s not all! One Palm is a neighbourhood that truly has it all. Whether you’re an active individual who loves to jog, or someone who wants to soak up the sun on the beach, this community has something for everyone. With designated jogging paths and several sunbathers’ beaches, you’ll be able to live a lifestyle that is both active and luxurious
Read also: Dubai Investment Park: Pros and Cons – A Complete Guide
8. A Villa in Emirates Hills for Dh 100 million
in 2017, Gulf Sotheby’s International Realty and Bellevue managed to sell a massive villa in Emirates Hills for a staggering Dh100 million. Spanning over 42,000 square feet, this extravagant property boasts eight bedrooms, each with its own en suite bathroom, as well as spacious living areas.
In Emirates Hills, parking is not an issue as the properties come with at least two parking spaces, with some even having the luxury of underground parking.
9. A penthouse on the Palm Jumeirah for Dh95 million
A new Palm Jumeirah condominium was sold for an impressive Dh95 million by Innovate Living. The condo boasts high-end Italian brands, breathtaking coastal views, and beautiful marbles.
The lucky owners of this six-bedroom property in Jumeirah will enjoy a luxurious lifestyle with various amenities such as floor-to-ceiling windows, private outdoor terraces with plunge pools, a roof garden, and a summer kitchen with Italian cabinets, as well as smart household appliances, a digital key, and a parking entrance.
These properties are all located in prime locations in Dubai, and they offer a level of luxury and opulence that is unmatched in most other cities in the world. The buyers of these properties are typically wealthy individuals or families who are looking for the best that Dubai has to offer.
10. Luxurious Apartment In Business Bay For Dh76 million
A 5-bedroom deluxe apartment in Business Bay was recently sold for AED76 million. Imagine living next to the Burj Khalifa! This duplex apartment in The Residences offers five bedrooms, a kitchen equipped with Gaggenau appliances, and beautiful decor by Gilles & Boissier. It’s the perfect place to call home and experience what it’s like to live next to the tallest skyscraper in the world.
Masar al Ameen Group is a real estate agent in Dubai who can help you find the perfect luxury property to suit your needs and budget. Whether you are looking for a villa with stunning views, a spacious apartment with state-of-the-art amenities, or a contemporary mansion with the latest technology, Masar al Ameen can assist you every step of the way.
Contact Masar al Ameen Group today to schedule a consultation with one of their experienced agents. Let them guide you through the process and help you achieve your luxury real estate goals.
Conclusion
Dubai is a city that is known for its luxury and opulence, and its real estate market is no exception. The 10 most expensive properties ever sold in Dubai are a testament to the city’s status as a global center of wealth and power. These properties offer a level of luxury and opulence that is unmatched in most other cities in the world, and they are a symbol of the city’s success.
FAQs about Dubai’s most expensive properties
Q: Who are the typical buyers of Dubai’s most expensive properties?
A: The typical buyers of Dubai’s most expensive properties are wealthy individuals or families who are looking for a luxurious and exclusive lifestyle. These buyers are often attracted to Dubai’s world-class amenities, its proximity to major business and financial centers, and its status as a global center of wealth and power.
Q: What are the factors that contribute to the high prices of Dubai’s most expensive properties?
A: There are a number of factors that contribute to the high prices of Dubai’s most expensive properties. These factors include the city’s status as a global center of wealth and power, its world-class amenities, and its limited supply of land.
Q: What are the future trends for Dubai’s most expensive properties?
A: The future trends for Dubai’s most pricey properties are expected to be positive. The city is expected to continue to grow and evolve, and its real estate market is expected to remain strong. As a result, the prices of luxury properties in Dubai are expected to continue to rise in the years to come.
