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

Staff Report

Dubai, UAE

Real estate developer Innovate Living has announced the record-breaking sale of Allegra, a 28,154-square-foot villa located on G Frond, Palm Jumeirah. The sale of the villa, listed at Dh230 million, was facilitated by Sotheby’s International Realty.

Built in July 2022, Allegra is inspired by Southern California’s charm and the ocean views of Palm Jumeirah. The villa merges the aesthetics of an LA beach house with the refinement of a Manhattan penthouse.

Honey Deylami, Executive Partner and Sotheby’s award-winning broker who spearheaded the sale, emphasised that turnkey homes in legacy areas like Palm Jumeirah remain highly sought-after by discerning clients with high, exacting standards, creating favourable conditions for investors.

“When working with a client, it’s my mission to ensure that the quality of the home exceeds expectations, and Allegra is a true testament to that ethos,” said the broker who has personally overseen several landmark transactions in Dubai’s super-prime locations.

She added, “From the exquisite Orobico marble sourced from Italy to the extraordinary basement menagerie, every detail of this home reflects meticulous craftsmanship and an uncompromising dedication to quality. Properties of this calibre are incredibly rare, and I believe Allegra sets a new benchmark for what is achievable on Palm Jumeirah.”

Among Allegra’s features are integrated smart home technology, 23-meter infinity pool overlooking the Arabian Gulf, and a 9,000-square-foot basement with a private cinema and a man cave. The show kitchen, which comes with a chef’s workspace, is connected to the family room. Moreover, the villa offers a full sea-view Technogym fitness centre, direct beach access, a private executive office, and fully furnished interiors.

The open-air plan residence features a rich material palette of high-contrast marbles, warm wood cladding, and light timber flooring. It includes windows that open to landscaped exteriors and custom water feature jets.

Ends

Also read: Palace Group marks 25 years with Dh36 billion portfolio

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