Record-Breaking $63M Sold in Palm Jumeirah

Tuesday, 4 February 2025

Innovate Living has sold the Allegra villa in Palm Jumeirah for AED 230M ($63M), one of Dubai’s top property transactions. The luxury villa is renowned for its blend of Southern California charm and Manhattan refinement.

Key Points:

Allegra villa, located on Palm Jumeirah’s G Frond, sold for AED 230M ($63M).
The villa spans 28,154 sq. ft., showcasing contemporary minimalism and high-end luxury.
Notable features include a 23m infinity pool, private cinema, and a 9,000 sq. ft. basement.
Designed with luxury furnishings from Minotti, Poliform, and Paola Lenti.
Offers direct beach access, a private executive office, and Crestron smart home technology.
Sale conducted by Sotheby’s International Realty, marking one of Dubai’s largest property transactions.