Skip to content

Largest real estate transaction in neighborhood reminiscent of Beverly Hills, Dubai, finalized for a staggering 260 million Dirhams.

Exclusive Dubai Neighborhood, Known as the Dubai Version of Beverly Hills, Continues to Draw Wealthy and Influential Figures, Including Royals, Celebrities, and Business Elite from Around the World.

Largest plot in Dubai's equivalent of Beverly Hills changes hands for an astounding Dh260 million.
Largest plot in Dubai's equivalent of Beverly Hills changes hands for an astounding Dh260 million.

Largest real estate transaction in neighborhood reminiscent of Beverly Hills, Dubai, finalized for a staggering 260 million Dirhams.

Record-Breaking Villa Sale in Dubai's Exclusive Emirates Hills

A single-plot villa in Dubai's prestigious Emirates Hills community has been sold for an unprecedented Dh260 million (approximately $71 million), setting a new record in the ultra-prime property market.

The villa, spanning approximately 50,000 sqft and boasting 7 bedrooms, is located on Emirates Hills’ most prestigious section known as the "Golden Mile." With its prime location, the property offers sweeping views over the lakes and the Address Montgomerie golf course.

The landmark transaction was facilitated by Fabricio Saltini, managing partner at Eden Realty, who represented the seller, and Michael Charalambous, associate director at Dubai Sotheby’s International Realty, who represented the buyer. The property was never publicly listed and could only be viewed by buyers who passed a stringent pre-qualification process.

Emirates Hills, often referred to as the "Beverly Hills of Dubai," is one of the most exclusive residential areas in the UAE, attracting global royalty, celebrities, and business leaders. Eden Realty has been instrumental in facilitating several high-value transactions in the community, including this record-breaking sale.

| Detail | Description | |-----------------------|-----------------------------------------------| | Sale price | Dh260 million (~$71 million) | | Plot size | ~50,000 sqft | | Bedrooms | 7 | | Location | Emirates Hills, "Golden Mile" | | Views | Lakes and Address Montgomerie golf course | | Seller’s agent | Fabricio Saltini (Eden Realty) | | Buyer’s agent | Michael Charalambous (Dubai Sotheby’s Intl.) | | Listing | Private, no public listing, pre-qualified buyers only |

The sale reinforces Eden Realty's belief in the importance of the right network, deep market expertise, and an unrelenting commitment to confidentiality for delivering results at this level. This record-breaking sale follows other high-profile transactions in Emirates Hills, further cementing Dubai’s status as a top ultra-luxury property market.

The transaction took place in a location that defines high levels of privacy for transactions at this tier. With this sale, Emirates Hills continues to cement its position as the crown jewel for high-net-worth investors.

[1] [Source 1] [2] [Source 2] [3] [Source 3]

Read also:

Latest