19 December 2024

Record-Breaking Villa Sale in Emerald Hills: Dubai’s Real Estate Market Continues to Soar

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Dubai’s real estate market continues to deliver outstanding results. In the prestigious Emerald Hills area, located in Dubai Hills Estate, a luxurious villa was sold for a record AED 120 million. This transaction brought the investor an impressive AED 40 million profit, underscoring the high-yield potential of this location.

Project Success: From Land Purchase to Record Sale

The investor who acquired the land plot personally designed the villa and managed the construction process. Thanks to a strategic approach and strong demand for unique properties, the villa was sold off-plan, significantly reducing time to market and maximizing profitability.

New Investment Opportunities

According to Firas Al Msaddi, CEO of fäm Properties, another villa is already under construction in Emerald Hills and presents an attractive investment opportunity:

  1. Cost of the land and partially completed construction: AED 40 million.
  2. Remaining costs to complete the villa: AED 30 million.
  3. Total investment: AED 70 million, with a potential profit of AED 40 million upon sale.

Additionally, a similar plot is listed on the market for AED 35 million. Considering an estimated construction cost of AED 70 million and the current market value of completed properties at AED 120 million, investors can expect comparable profit margins.

The Appeal of Emerald Hills

Emerald Hills, located in the prestigious Dubai Hills Estate, offers a range of unique advantages:

  1. Stunning views of the Dubai Hills Golf Club and Downtown Dubai skyline.
  2. High demand for custom-built luxury villas.
  3. Well-developed infrastructure ideal for both family living and luxurious lifestyles.

Conclusion

The AED 120 million villa sale is a prime example of successful real estate investment in Dubai. Emerald Hills continues to capture the attention of buyers and investors, offering unparalleled opportunities for high-yield projects. With consistent demand and a growing market, this location remains one of the most promising for long-term investments.