The six-bedroom villa covers around 26,550 sq ft and was sold for approximately Dh9,792 per sq ft.
Dubai: A six-bedroom villa on Palm Jumeirah has sold for Dh260 million, adding to a series of high-value residential transactions in Dubai’s luxury property market.
The completed villa is located within the ultra-luxury Ayumi project on Palm Jumeirah and spans approximately 2,466.7 square metres, or 26,550 square feet, according to Dubai Land Department data. The transaction puts the property’s value at around Dh9,792 per square foot.
A second completed villa in the same project was also mortgaged for Dh130 million, highlighting continued large-scale financing activity in Dubai’s prime residential market.
The transactions came as Dubai recorded around Dh1.2 billion in property deals across 339 transactions in early trading on Tuesday, marking the start of September.
The Palm Jumeirah sale follows another surge in high-value property activity in Dubai just days earlier.
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