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Dubai Hills most expensive villa yet sells for AED 128 million

Dubai Hills View
Luxhabitat Sotheby’s International Realty has sold a Dubai Hills Grove mansion on the ‘Street of Dreams’ at AED 128 million, making it the most expensive villa sold in Dubai Hills this year to date.

The seven-bedroom mansion, with a built-up area of 34,113 sq ft sitting on a plot of 42,518 sq ft, was sold brand new for AED 128 million and features an entertainment/ games room, a gym, spa, cinema room, and pool in addition to a rooftop terrace.

Situated in a coveted cul-de-sac in Dubai Hills, the Street of Dreams villa was listed off-market and was sold within a month.

According to Luxhabitat, Dubai Hills boasts 26 mansions and is one of the preferred addresses of the city’s wealthiest residents, where the villas are currently valued at AED 100 million plus. Last year, Luxhabitat Sotheby’s sold a mansion called The Tree of Life in the same area for AED 103 million.

Renit Shah, Senior Global Property Consultant at Luxhabitat Sotheby’s International Realty represented the buyer.

“The buyer was looking for a brand new fully furnished villa, where they could move in right away. The home has the right attention to detail in terms of furnishing and a high-quality modern meets classic look, which was exactly their taste and preference,” said Shah. He added that the mansion’s open view to the golf course, privacy and security were major selling points to the buyer.

Dubai Hills has recorded over AED 3 billion in sales this year to date, according to the Dubai Land Department and is a handful of new ultra-luxury areas that offer unique amenities.

 

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