Record-Breaking $54.5M Sale of 9-Bedroom Villa on Dubai’s ‘Street of Dreams’
Tuesday, 31 December 2024
A nine-bedroom villa in Hills Grove, Dubai Hills Estate, has sold for a record AED200M ($54.5M), marking a new benchmark for luxury real estate. Dubai Sotheby’s International Realty facilitated the transaction, highlighting Dubai’s appeal to ultra-high-net-worth individuals.
- A nine-bedroom mansion in Hills Grove, Dubai Hills Estate, sold for AED200M ($54.5M).
- The villa spans 37,700 sq ft, including a private garden, boomerang-shaped pool, rooftop terrace, and basement.
- This sale surpasses Dubai Sotheby’s previous record of AED145M ($39.5M).
- The property is located on the exclusive ‘Street of Dreams,’ an elite enclave within Dubai Hills Estate.
- Hills Grove is home to just 26 residences, making it highly sought-after by HNWIs and UHNWIs.
- Dubai’s luxury real estate market continues to grow, attracting global buyers, particularly from the UK, Eastern Asia, and the US.