New Record in Dubai Real Estate Market: $89 Million Villa Sale on Jumeirah Bay Island
A luxurious six-bedroom villa on one of the most exclusive plots of Jumeirah Bay Island was sold for a record-breaking AED 330 million, setting a new standard in the super-luxury real estate segment. This sale became the most expensive transaction on the island, further confirming the growing demand for elite properties in Dubai.
Property Features: Exceptional Luxury and View of the Burj Khalifa
The villa, located at the very tip of one of the island’s three exclusive plots, offers breathtaking views of the Burj Khalifa and the Downtown skyline. The villa was built using only the finest materials, such as Taj Mahal quartzite, Patagonian marble, and walnut veneer. It is equipped with an infinity pool overlooking the beach and a private white-sand beach area.
Jumeirah Bay: The Billionaire’s Island
Jumeirah Bay Island, also known as the “Billionaire’s Island,” consists of just 128 plots and attracts ultra-wealthy buyers seeking privacy and exclusivity. The demand for unique properties here continues to rise, and this record-breaking sale reaffirms the island’s status as one of the most coveted addresses in Dubai.
Rapid Price Growth and Demand for Exclusive Properties
The demand for bespoke, one-of-a-kind residences on Jumeirah Bay remains high, as evidenced by the record villa sale. This property has become a symbol of a new era in Dubai’s real estate market, where exclusivity and provenance are of paramount importance.