A nine-bedroom house in Dubai Hills Estate sold for Dh200 million in a year when the real estate market in Dubai has already seen its fair share of high-value deals.
The Dh200 million purchase was overseen by Dubai Sotheby’s International Realty, which also settled a Dh145 million deal it had arranged in the same cluster less than two months earlier. The business represented both the seller and the buyer in the transaction.
The fully furnished Dh200 million home spans four stories, has a basement and a rooftop patio, and occupies more than 37,700 square feet of private property. Features include a private garden and a swimming pool in the shape of a boomerang.
According to George Azar, Chairman and CEO of Dubai Sotheby’s International Realty, “This sale on Hills Grove’s ‘Street of Dreams’ is a testament to Dubai’s global appeal.”
Hills Grove is one of the two mansion-only villages in Dubai Hills Estate. Surrounded by lakes and a golf course, there are just 26 residences on a single street. In the past four years, Dubai Sotheby’s International Realty has closed five of the most expensive transactions in the neighborhood; the most recent sale is 62.5% more than the brokerage’s first home sale in the area.
Whatsapp