A 19-bedroom villa in the Emirates Hills area has been sold for AED 148 Million, reflecting the booming luxury real estate market in Dubai.
The deal is the third most expensive villa in Dubai this year in the Emirates Hills area, where the deal was concluded by the real estate broker, Dubai Sotheby’s International Realty. This property extends over an area of 80,000 square feet and is located within the Emirates Hills complex. The area of the villa, consisting of 19 bedrooms, is 55,700 square feet, and features the largest plot area in Emirates Hills, and represents one of the largest homes in Dubai in terms of built-up area.”
George Azar, Chairman and CEO of Dubai Sotheby’s International Realty, said: “Today’s record-breaking villa sale reinforces the value we offer to our clients and to the luxury real estate market in Dubai. This villa displays indisputable value on all levels, not just through the price it offers.” Brought by it, but also by luxury and huge space.
Azar added, “This deal sets a new standard for the prime real estate sector in the region and represents another milestone in the history of the real estate sector in Dubai. Moreover, this achievement highlights the experience and dedication of the company and its extensive network of distinguished clients.”