The most expensive villa was sold in Dubai

26 / 10 / 2020

The villa, located in the exclusive area of Dubai - Dubai Hills, was acquired for 75 million dirhams (20.5 million dollars). The deal was the largest in the premium real estate sector.

According to statistics, the Dubai Hills area has begun to enjoy particular popularity among people with high incomes.

The premium real estate segment showed significant growth in the third quarter of this year, with investors increasingly preferring areas such as District 1, Palm Jumeirah and Downtown.

In connection with the spread of coronavirus infection, many people have begun to change their preferences, apartments have become less attractive in comparison with villas and townhouses, people wanted to be closer to nature and have their own green territory. It should be noted that the most expensive villa in Dubai Hills meets 100% of the new needs of potential buyers.

The area of the most expensive villa in Dubai is 4 thousand square meters, which uniquely allows you to implement all existing ideas, such as your own gym, playground, swimming pool, private cinema and much more. With such a house, there is no need, for example, to look for a suitable place for training, because all conditions can be created inside.

The house is made in a classic style, thanks to which you just want to arrange a hearty family dinner, a party with friends or an official meeting. The house is suitable for any purpose and meets all premium requirements.

People are wondering to know if the return of investors to the Dubai property market is possible? According to the data, for the 3rd quarter there was a sharp increase in demand for premium real estate, mostly for finished properties or those in the last stages of completion.

It is worth noting that MBR City projects are distinguished by a large number of ready-made premium class facilities, which in the current situation gives this project a significant advantage. As for prices, they are still stable and do not have significant fluctuations in either direction.