Homes In The Neighborhood, Which Is On Jumeirah Bay Island, Provide Views Of The Famous City Skyline And The Arabian Gulf On Opposite Sides.

A five-bedroom townhouse with 4558 sq. ft. just sold in DH 35.5 Million. According to Driven Properties, this makes it the most expensive townhouse to be sold in all of Dubai. On Jumeirah Bay Island, there is a property that is a part of the Villa Amalfi development. From its rooftop, it provides complete sea and cityscape views as well as direct beach access. Homes in the innovation offer views of both the renowned Dubai skyline and the Arabian Gulf on opposite sides. The townhouse neighborhood has a number of communal amenities and along with a private park.

Abdullah Alajaji from Driven Properties stated that Jumeira Bay had outperformed in terms of price growth over the previous two years. Moreover, had turned into one of the most sought-after locations for ultra-high net worth individuals. We have seen a spike in demand for other properties on the island. Because of the popularity and sellout of our project there, Sea Mirror, particularly for the Bulgari Residences and Villa Amalfi.

Jumeira Bay’s largest residential land sale to date was completed last month for Dh180 Million ($50 million). With prices predicted to rise by 15% by the end of 2022, Dubai’s ultra-prime luxury properties are all expected to have a record year.

Recent real estate sales in the emirate have set numerous records. A Palm Jumeirah Frond G villa with a 1,600-year-old olive tree also sold earlier this month for Dh128 Million. The most expensive villa to on Palm Jumeirah was a garden villa that went for Dh67 million in July.