Dubai’s prime property market has recorded one other milestone, with Dubai Sotheby’s Worldwide Realty closing the costliest secondary villa sale on Palm Jumeirah this yr for AED161m ($43.8m).
The transaction additionally ranked because the second-highest on a per-square-foot foundation in 2025, attaining AED14,679.39 ($3,996) per sq ft.
The villa, developed by luxurious property developer 25 Levels, spans a built-up space of 10,900 sq ft and options six bedroom-suites, a number of residing areas, a personal cinema, and a pool deck overlooking Atlantis The Royal.
Dubai actual property villa sale
The sale was completely dealt with by Dubai Sotheby’s Worldwide Realty, with Leigh Borg, Government Accomplice, representing the vendor, and Filippo Tavernaro, Senior World Property Marketing consultant, appearing for the client.
Leigh Borg stated: “This was a uncommon and unique itemizing that stood out even in a extremely aggressive market. Each side of the property was executed on the highest stage, and with the calibre of shoppers that Palm Jumeirah attracts, properties like this don’t keep available on the market for very lengthy.”
Filippo Tavernaro stated: “Transactions like this are made attainable due to the energy of the community and the worldwide platform we have now. The worth tag is not any bar for patrons when the property ticks all of the containers.”
Dubai Sotheby’s has overseen a number of landmark gross sales this yr, together with the costliest dwelling offered on Jumeirah Bay Island, file transactions in Emirates Hills and Dubai Hills Property, and the sale of the costliest residential plot of 2025 on Palm Jumeirah, additionally closed by Leigh Borg.
Chris Whitehead, Managing Accomplice at Dubai Sotheby’s Worldwide Realty, stated: “With each landmark transaction, we reinforce our place because the foremost authority in Dubai’s super-prime property market.
“This marks our second record-breaking sale on Palm Jumeirah in latest months and underlines the status of the situation and the energy of demand on the very high of the market.”
David von Rosen, Co-founder of 25 Levels, stated: “This sale is a transparent signal of the energy and maturity of Dubai’s top-end property market, pushed by a continued inflow of high-net-worth people trying to capitalize on the Emirates’ world-leading luxurious way of life alternatives.”
The sale follows one other benchmark set by 25 Levels in 2024, when the agency offered a renovated Backyard Dwelling villa on Palm Jumeirah for AED62m ($16.9m).
In June 2025, the developer additionally acquired a 90,000 sq ft plot on Palm Jumeirah for AED365m ($99.3m), partnering with award-winning architect Killa Design to create a brand new collection of custom-built super-prime properties.