Unique Properties, a leading developer in the ultra luxurious real estate market of Dubai, announced successfully closing another record transaction and a sale of AED residential lands of 182 million ($ 50 million) on the island of Jumeirah Bay.
The main plot of the Earth, voltage of 25,441 square feet, was sold in AED 7,154 per square foot, adds to the extensive portfolio of high profile transactions of the company, he said.
The buyer, an ultra -height individual of the network, plans to build a personalized house on the prestigious island.
“This sale is a will to the company’s capacity to navigate in the real estate market of Dubai and ensure premium opportunities for demanding investors,” said Unique Properties.
Aash Jalili, founder and CEO of Unique Properties, said that ensuring a plot on the island of Jumeirah Bay is a significant achievement, given its state as one of Dubai’s most exclusive real estate locations.
“This agreement was the result of months of strategic negotiations and planning to identify the ideal opportunity,” he said.
The company said that the buyer of the plot of 182 million AED plans to develop a private residence, which reflects a growing trend among ultra -high people in people with network legs to build personalized houses adapted to their preferences.
This change in pre -constructed properties highlights the desire for customization and exclusivity in Dubai’s luxury real estate market, he said.
Armin Jalili, a partner of Unique Properties, said: “In recent years, we have witnessed a clear change in the behavior of the buyer-allay’s ultra-high-high -net Net -net -net -net -net -net -net -net -net-ne, not only invests in Dubai; they are choosing homes here.”
Jumeirah Bay Island, also known as ‘multimillionaire island’, is an exclusive residential community off the coast of Jumeirah.
Located near the prestigious neighborhood of Jumeirah, it presents a cured collection of luxury properties in front of the sea, a mixture of low -level residences, luxury villas, a boutique complex, a world -class sports port and the prestigious five -star BVLgar.
The Dubai real estate market has experienced a significant increase in the demand for ultra luxury properties, driven by an influx or international buyers seeking stability, luxury and long -term investment opportunities.
The city’s low tax environment, world -class infrastructure and investors friendly policies, such as the Golden Visa program, have made it a magnet for global wealth.
