According to real estate company Driven Properties, a five-bedroom, 4,558 sq. ft. townhouse has been sold for Dh35.5 million, making it the most expensive property to be ever sold in Dubai. On Jumeira Bay Island, real estate is part of the Villa Amalfi development. It has immediate beach access, rooftop sea and city views. Let’s check out more about this stunning property in Jumeriah Bay.
Jumeira Bay With Views Of The Arabian Gulf And Dubai Skyline
Homes in the complex provide views of both the renowned Dubai skyline and the Arabian Gulf on opposite sides. In addition, the townhouse neighbourhood has several communal amenities centred around a private park.
In terms of price increases over the last two years, Jumeira Bay has outpaced every other region in Dubai. However, it has become one of the most sought-after vacation spots amongst HNIs. In addition, other homes are in high demand due to the success and sell-out of the Sea Mirror project, most notably the Bulgari Residences and Villa Amalfi.
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Previous Mega Sells Of Properties In Dubai
Driven properties completed the largest residential land transaction in Jumeira Bay last month for Dh180 million ($50 million). As a result, all of Dubai’s ultra-exclusive luxury homes are expected to have a record year, with prices rising by 15% by the end of 2022.
Recent real estate sales in the emirate have set several records. Earlier this month, they sold a Palm Jumeira Frond G home with a 1,600-year-old olive tree for Dh128 million. The most expensive home sold on the Palm Jumeira was a garden villa that went for Dh67 million in July.
Let us know what you think of Jumeira Bay as a residential area in the comments section below.
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