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Home Property Pulse Market Pulse

New property pricing record set with AED 161m Palm Jumeirah sale

Staff WriterBY Staff Writer
Fri, September 26, 2025
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Dubai’s prime property market has set a new pricing benchmark with Dubai Sotheby’s International Realty completing the most expensive secondary villa sale on Palm Jumeirah this year, valued at AED 161 million. The deal also ranked as the second-highest transaction on a per square foot basis in 2025, at AED 14,679.39.

Developed by 25 Degrees, the Signature Villa spans 10,900 sq ft and features six bedroom suites, multiple living areas, a private cinema, and a pool deck with views of Atlantis The Royal.

The sale was managed exclusively by Dubai Sotheby’s International Realty, with Leigh Borg, Executive Partner, representing the seller, and Filippo Tavernaro, Senior Global Property Consultant, acting for the buyer.

“This was a rare and exclusive listing that stood out even in a highly competitive market,” said Borg. “Homes like this don’t stay on the market for long.”

Tavernaro added: “The price tag is no bar for buyers when the property ticks all the boxes.”

Dubai Sotheby’s has overseen several landmark deals this year, including the most expensive home on Jumeirah Bay Island and major transactions in Emirates Hills and Dubai Hills Estate.

Chris Whitehead, Managing Partner at Dubai Sotheby’s International Realty, said: “This marks our second record-breaking sale on Palm Jumeirah in recent months, underlining the prestige of the location and the strength of demand at the very top of the market.”

For 25 Degrees, it is the second record-breaking sale on Palm Jumeirah, following a AED 62 million Garden Home villa deal in 2024. The developer also acquired a 90,000 sq ft plot on the island in June 2025 for AED 365 million, with plans to develop prime properties alongside Killa Design.

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