The Most Expensive Villa In Dubai Was Sold For AED90 Million |

The Most Expensive Villa In Dubai Was Sold For AED90 Million

Real estate in Dubai can be cost a pretty penny to buy and this property topped the list

Posted on

31 October 2018

Last updated on 19 January 2020

For those who are planning in investing in real estate in Dubai, here’s the most expensive house sold this year

Here we have it, folks, the most expensive residential property that was sold this year in Dubai was revealed.

During the third quarter of 2018, an Emirates Hills villa sold for an astonishing AED90 million!

This villa topped the list but was soon followed by a Downtown Burj Khalifa property, which had a price tag of AED47.5 million – which is more than doubled by the Emirates Hills villa.

And a villa in the Palm Jumeirah also sold for AED34.25 million this year.

Real estate in Dubai

A whopping AED8.7 billion was witnessed by Dubai’s real estate in the third quarter of 2018 – and this is 13.9% less than second quarter of the year.

Here are the top three areas in sale volumes in 2018
  • Jumeirah – AED1.3 billion
  • Downtown Dubai – AED1.2 billion
  • MBR City – AED1.06 billion
  • Dubai Creek Harbour – AED655 million
  • Dubai Marina – AED662 million