In a record-breaking real estate deal, a villa in Emirates Hills fetched AED148 million, marking it as the third-costliest sale in Dubai this year. Sold by Dubai Sotheby’s International Realty, this 19-bedroom estate now holds the fourth-highest price record for homes in Emirates Hills.
Situated within the gated community of Emirates Hills, this opulent villa offers an expansive living experience, boasting 80,000 square feet of land and 55,700 square feet of living space.
Record-Breaking Sale in Emirates Hills
“This sale highlights the thriving luxury real estate market in Dubai and underscores the unmatched luxury and exclusivity of Emirates Hills,” noted a spokesperson for Dubai Sotheby’s International Realty, emphasizing the significance of this transaction.
Emirates Hills, known for its luxurious villas, commands prices ranging from AED11 million to over AED100 million, solidifying its status as one of Dubai’s premier luxury communities according to Bayut.