In a year when Dubai’s real estate market has already seen its share of high-value transactions, a nine-bedroom home in Dubai Hills Estate sold for Dh200 million.
Dubai Sotheby’s International Realty oversaw the Dh200 million deal, which settled the Dh145 million deal it had managed in the same cluster less than two months prior. The business represented both the buyer and the seller in the transaction.
The Dh200 million completely equipped residence is situated across four storeys, including a basement and rooftop patio, and takes up more than 37,700 square feet of private land. A boomerang-shaped swimming pool and a private garden are among the features.
According to George Azar, Chairman and CEO of Dubai Sotheby’s International Realty, “This sale on Hills Grove’s ‘Street of Dreams’ is a testament to Dubai’s global appeal.”
One of Dubai Hills Estate’s two mansion-only communities is Hills Grove. There are just 26 homes on one street, encircled by lakes and a golf course. Dubai Sotheby’s International Realty has closed five of the neighborhood’s most costly deals in the last four years; the most recent sale represents a 62.5% increase over the brokerage’s initial mansion sale.
