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Dubai’s real estate market is the most admirable and appreciated market renowned at the international level. Dubai offers a variety of properties in different ranges. People from across the world are moving to Dubai due to the economic growth, living standards, luxurious lifestyle, exceptional business opportunities, and plenty more. The increase in population increases the demand for properties of every type including spacious villas, luxurious apartments, townhouses, and penthouses.
Dubai breaks the record for the most expensive properties ever sold. There are many posh areas in Dubai: Palm Jumeirah, Downtown Dubai, Dubai Marina, Emirates Hills, and Dubai Hills are home to the most expensive properties, and these costliest properties have been bought by potential investors and elite-class homebuyers.
In this article, we have covered the 10 most expensive properties located in different top-gated communities in Dubai.
Dubai’s 10 Most Expensive Properties Ever Sold
Scroll down to find the list of the top 10 priciest properties ever sold in Dubai:
AED 280 million Villa in Palm Jumeirah
The most expensive property ever sold in Dubai was a luxury custom-built white villa located at Palm Jumeirah. It was sold for AED 280 million, the record sale price of the property in Dubai’s real estate market.
It is a 10-bedroom villa that covers an area of 33,000 sq. ft. and it features an Italian marble that gives an elegant look to the residential unit. Spacious state-of-the-art living space, seven-star spa hotel facilities, and 70 meters of private beachfront are unique incredible features of this amazing home.
The contemporary luxurious villa was designed by famous Italian furniture houses Giorgetti and Minotti.
The stylish modern interior design of the villa represents the excellence and innovation of the designer.
AED 185 million Mansion on Palm Jumeirah
Palm Jumeirah is an exclusive elite-class community in Dubai that plays a vital role in the economic growth of the city. It has plenty of options for the most expensive properties ever sold in Dubai.
We are introducing another expensive project sold in 2015 on Palm Jumeirah. The mansion on Palm Jumeirah was one of the luxury properties for sale in Dubai and was sold for AED 185 million. It is the second most expensive project on our list.
The total area of the property is 39,000 sq. ft with a built-up area of 31,000 sq. ft. This amazing mansion is the epitome of luxurious, lavish, and elite-class high standards of living.
AED 181 million Mansion on Jumeirah Bay Island
In 2021, the villa located at Jumeirah Bay Island was sold for AED 181 million and it was one of the most expensive properties in Dubai at that time.
The villa on Jumeirah Island gives you an amazing, unforgettable view of Dubai’s skyline and residents can enjoy the mesmerizing view of the world’s tallest building, Burj Khalifa.
The villa was the most attractive property for investors due to its prime location in the prestigious neighborhood situated off the coast of Dubai, Jumeirah Bay Island. This famous community is the home to Bulgari Resorts and Residences.
AED 119.5 million Mansion on Palm Jumeirah
The XXII Carat Project is an ultra-luxurious villa project located at Palm Jumeirah – a wonderful artificial island. This leisure design villa project consists of only 22 residential units including villas and townhouses. The residents in these leisurely villas may have an unmatched experience of waterfront living with top-notch facilities.
Among these villas, AED 119.5 million mansion was sold. This property features 7 bedrooms, a bar, an open kitchen, a steam room, and an exceptional array of facilities including a private beach, swimming pool, and landscaped garden.
Due to its prime location, unique architecture, more space, and state-of-the-art amenities, it was a sought-after property among the elites.
AED 111.25 Contemporary Modern Villa on Palm Jumeirah
Here is another contemporary modern villa included in the list of the most expensive properties ever sold in Dubai. AED 111.25 was the selling price of this luxurious villa which was bought by a Swiss elite class family in 2021.
This ultra-luxurious villa is located on the Frond N of Palm Jumeirah and has three floors with a built-up area of 14,000 sq. ft.
AED 105 million Ultra-Luxurious Villa in XXII Carat Project
The second most expensive villa in the XXII Carat Project at Palm Jumeirah was sold for over AED 105 million.
The ultra-luxurious villa is designed to offer a private and extremely lavish lifestyle to the residents. The building has a total area of 12,167 square feet. ft area and boasts a spacious living space.
A private pool, private beach, and landscaped gardens give an unmatched experience of living a luxurious life.
AED 103 million Dubai Hills Grove Mansion
We have enlisted the costliest villa located at one of the top gated communities in Dubai – Dubai Hills.
Dubai Hills is a famous villa community. It has plenty of options for modern villas that are the epitome of refined finishing, unique architectural design, and exceptional high-quality material.
Dubai Hills Grove Mansion is one of these prestigious villas that was sold for AED 103 million and the built-up area of this spacious home is 31,296 sq. ft.
AED 102.5 million Villa in Emirates Hills
An Emirates Hills villa sold for AED 102.5 million was the priciest deal ever done in a golf-gated community. This villa gives an amazing view of the golf courses and the city. This spacious residential unit has floor-to-ceiling windows from where the residents can enjoy the beautiful views of the golf-gated community.
The Indian entrepreneur had bought this mega-mansion spread over more than 20,000 square feet of area.
A marble foyer with double-height ceilings, an imperial wood, a wrought iron staircase, a lounge, two kitchens, 5-bedrooms, a library, a game room, and separate staff accommodations are the features that make this villa, a haven place to live.
AED 102 million Penthouse on One Palm
The marvelous penthouse on One Palm at Palm Jumeirah breaks the record for the most expensive penthouses ever sold in Dubai’s real estate market.
The huge penthouse was sold for AED 102 million and the residents of the apartment have spacious 5-bedrooms, multiple balconies, open terrace on the rooftop. The owner of the spacious apartment can enjoy the beautiful views of Dubai’s skyline, Dubai Marina, and Arabian Sea.
AED 100 million Villa in Emirates Hills
The second most expensive villa sold in 2017 is located at Emirates Hills. Gulf Sotheby’s International Realty and Bellevue sold the villa for AED 100 million.
The property has plenty of unique features that attract buyers and is surrounded by the top-notch facilities of life. There are many entertainment areas for the residents and the mansion spreads over 42,000 sq. ft.