Dubai’s super-luxury real estate market continues to surge, with Palm Jumeirah and Jumeirah Bay Island emerging as the top choices for ultra-high-net-worth individuals (UHNWIs). The two iconic locations accounted for an impressive 48% of all property transactions valued at over $13.6 million (AED 50 million) during the first ten months of 2024, according to data from Metropolitan Premium Properties...
The overall super-luxury real estate market in Dubai continues its strong showing this yearPalm Jumeirah and Jumeirah Bay Island are the top choices for ultra-high-net-worth individuals (UHNWIs) in Dubai, accounting for a substantial 48% of all transactions valued at AED 50 million or more during the first ten months of 2024, according to data from Metropolitan Premium Properties (MPP), a full-service...
Dubai – A landmark sale has set a new record in Dubai's real estate market. A fully upgraded, ready apartment on Jumeirah Bay Island, also known as Bulgari Island, has been sold for a staggering price close to AED 17,000 per square foot—the highest ever achieved for a ready apartment in the city.This historic transaction was handled by esteemed real estate agents Lina Allaoa and Kianoush Darban of...
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