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Dubai Villa Sells for Record AED125M in Jumeirah Bay

  • Publish date: Wednesday، 25 September 2024 Last update: since 5 days
Dubai Villa Sells for Record AED125M in Jumeirah Bay

An off-plan villa at Jumeira Bay Island's exclusive Sea Mirror community in Dubai has made waves in the real estate market, selling for a staggering AED 125 million. This sale, facilitated by Penthouse.ae, marks the most expensive off-plan villa transaction of the year.

Luxury Living in Dubai

This impressive 5-bedroom villa spans a generous 15,000 square feet and is set to be handed over in early 2026. The buyer, a European ultra-high-net-worth individual (UHNWI), is looking for a luxurious family residence that also serves as a home office. Interestingly, this transaction represents their first investment in the UAE.

“This record-breaking sale underscores Dubai’s unwavering position as a global leader in luxury real estate,” stated Marcus Andersson, director of sales at Penthouse.ae. “The emirate’s strategic vision, coupled with its world-class infrastructure and unparalleled lifestyle offerings, continues to attract discerning international investors.”

Dubai Villa Sells for Record AED125M in Jumeirah Bay

A Unique Design by Top Architects

The Sea Mirror community features just 18 unique private homes, designed by renowned international architects Jacobsen Arquitetura and Studio MK27, both celebrated Brazilian design firms with numerous national and international accolades. The interiors are the work of Patricia Urquiola, a Milan-based designer whose stunning pieces are displayed in leading global museums.

Spacious Living with World-Class Amenities

Each villa in Sea Mirror boasts expansive indoor and outdoor spaces, making them perfect for modern living. Residents also enjoy access to world-class amenities from the neighboring Bulgari Resort, Marina, and Yacht Club, providing an unparalleled lifestyle experience.

Dubai Villa Sells for Record AED125M in Jumeirah Bay

Personalized Service Leads to Landmark Sale

Antonio Caviglia, the agent responsible for the sale, emphasized the importance of understanding the client’s specific needs. “They were initially interested in an apartment, so we showed them three properties before we identified and recommended the Sea Mirror villa as a perfect fit. It offered the space, functionality, and prestigious location they desired. The unmatched design and amenities at Sea Mirror truly elevated the property for them, making it a unique opportunity to acquire a one-of-a-kind Dubai residence,” he explained.

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