Dubai Sotheby’s International Realty closes Dh161 mn Palm Jumeirah sale

Staff Report

Dubai, UAE

Dubai Sotheby’s International Realty has closed the most expensive secondary villa sale on Palm Jumeirah this year, for the total price of Dh161 million, it revealed in its latest announcement. This was also the second-highest sale on a per square foot basis this year, at Dh14,679.39 per square foot.

The Signature Villa, developed by property developer 25 Degrees, spans a built-up area of 10,900 square feet, and comprises multiple living spaces, six bedroom suites, a private cinema, and a rear pool deck with a direct view of the Atlantis the Royal Resort & Residences.

Chris Whitehead, Managing Partner at Dubai Sotheby’s International Realty, said,
“With every landmark transaction, we reinforce our position as the foremost authority in Dubai’s super-prime property market. This marks our second record-breaking sale on Palm Jumeirah in recent months. To me, this underlines not only the prestige of the location but also the strength of demand at the very top of the market, setting the tone for a powerful close to 2025.”

Dubai’s real estate market has maintained its strong momentum in 2025 with landmark sales closed in key neighbourhoods, the majority of which were executed by Dubai Sotheby’s International Realty. This includes a Jumeirah Bay Island villa that remains the most expensive home sold this year, as well as notable transactions in Emirates Hills and Dubai Hills Estate.

David von Rosen, Co-founder of 25 Degrees, added, “This sale is a clear sign of the strength and maturity of Dubai’s top-end property market, driven by a continued influx of high-net-worth individuals looking to capitalise on the Emirates’ world-leading luxury lifestyle opportunities.”

This is the second record-breaking sale of a villa developed by 25 Degrees, following its Dh62 million sale of a renovated Garden Home villa in 2024, which set a new benchmark for this class of property on Palm Jumeirah.

The firm purchased a 90,000 square foot plot of undeveloped land on Palm Jumeirah in June 2025 for Dh365 million and has partnered with architect Killa Design to develop a series of prime, custom-built properties on the land.

Ends

Also read: Innovate Living’s villa on Palm Jumeirah sells at Dh230 mn

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