Dubai’s high-end villa sales continue as a Jumeirah Bay Island villa has just been sold for an eye-watering AED121 million.
The luxury villa is the fifth property to be sold for over AED100 million this year. Which shows you just how strong the luxury villa market is!
The buyer hasn’t been identified. But we do they’re from Europe and a member of the Forbes Top 500 richest people in the world list.
Jumeirah Bay is a new island off the coast of Dubai and home to the super high-end Bvlgari Resort & Residences. It also has Bvlgari’s first-ever Marina and Yacht Club.
There aren’t many details about the custom-built villa. But as it’s been custom-built, we’d imagine it’s got everything you could think of!
So we’re thinking home cinema, gym, rooftop spa, a jetty for your yacht.
And the sellers at Sotheby’s can only see Dubai getting more and more popular with high-end clients.
“Due to the aspiring lifestyle changes made by International HNW clientele, fueled by the pandemic, Dubai is becoming the first choice for those looking to relocate business and homes because of the offerings been sought by those within the higher asset classes,” said Taieser Al Saati.
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