The most costly secondary villa sale on Palm Jumeirah this year was completed by Dubai Sotheby’s International Realty for a total of Dh161 million.
This year’s second-highest sale per square foot was for Dh14,679.39 per square foot.
With a total built-up area of 10,900 square feet, the Signature Villa, created by real estate developer 25 Degrees, features six bedroom suites, several living areas, a private movie theater, and a pool deck in back.
With historic sales closing in important neighborhoods, Dubai’s real estate market has continued to grow strongly in 2025.
“This was a rare and exclusive listing that stood out even in a highly competitive market… With the caliber of clients that Palm Jumeirah attracts, homes like this don’t stay on the market for very long,” said Leigh Borg, executive partner of Dubai Sotheby’s International Realty, who represented the seller.
Additionally, Borg recently completed the sale of the priciest residential site on Palm Jumeirah this year.
“Transactions like this are made possible thanks to the strength of the network and the global platform we have. It is also a testament to the quality of the homes available. The price tag is no bar for buyers when the property ticks all the boxes,” said Filippo Tavernaro, senior global property consultant at Dubai Sotheby’s International Realty, who acted on behalf of the buyer.
Chris Whitehead, managing partner at Dubai Sotheby’s International Realty, said this is the company’s second record-breaking sale on Palm Jumeirah this summer – a period that is generally considered to be a bit slower than the rest of the year. “In my view, that underscores the prestige of the location and sets the stage for a solid final quarter of 2025.”
This sale, according to David von Rosen, co-founder of 25 Degrees, is an obvious indication of the stability and maturity of Dubai’s upscale real estate market, which is being pushed by an ongoing stream of wealthy people hoping to take advantage of the Emirates’ top-tier luxury lifestyle options.
