Villa on Dubai’s World Islands sold for Dh220 million in landmark deal

Mega villa sale on World Islands signals continued demand from global ultra-wealthy buyers

Last updated: March 12, 2026 | 12:26

1 MIN READ

File photo of Dubai World Islands

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Dubai: Dubai’s property market recorded a major transaction on Thursday with the sale of a luxury villa on the World Islands for Dh220 million, highlighting strong demand and sustained momentum in the emirate’s real estate sector.

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According to data from the Dubai REST application, operated by the Dubai Land Department, the villa spans approximately 58,080 square feet, equivalent to about 5,395 square metres. The transaction reflects an average price of Dh3,787 per square foot.

The property is located within the World Islands development, specifically on Amali Island, one of the high-end residential projects attracting growing interest from international investors and wealthy buyers seeking exclusive waterfront properties in Dubai.

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Dubai’s luxury real estate market recorded unprecedented activity during 2025, supported by rising demand from high-net-worth individuals from around the world who continue to choose the emirate for its attractive investment climate, favourable regulatory framework and competitive tax environment.

Data show that Dubai recorded 6,668 luxury property transactions last year with a combined value of about Dh143.8 billion. This compares with 4,735 deals worth Dh99.3 billion in 2024, representing a 41% increase in the number of transactions and a 45% rise in total value.

Khitam Al Amir

With over 30 years of journalistic experience spanning from Jordan to the UAE, Khitam has spent the past 22 years reporting on national and regional news from Dubai, with a strong focus on the UAE, GCC and broader Arab affairs. As Chief News Editor, she brings extensive expertise in delivering breaking and engaging news to readers. Beginning her tenure as a translator, she advanced through roles as Senior Translator and Chief Translator before transitioning to editorial positions, culminating in her current leadership role. Her responsibilities encompass monitoring breaking news across the UAE and the broader Arab region, ensuring timely and accurate dissemination to the public. Born into a family of journalists, Khitam's passion for news was ignited early in life. A defining moment in her youth occurred in September 1985 when she had the opportunity to converse with the late British Prime Minister Margaret Thatcher during her visit to a Palestinian refugee camp north of Amman. During this encounter, Khitam shared her family's experiences of displacement from their home in Palestine and their subsequent refuge in Jordan. This poignant interaction not only deepened her understanding of geopolitical issues but also solidified her commitment to pursuing a career in journalism, aiming to shed light on the stories of those affected by regional conflicts. Khitam’s commitment to accurate and timely reporting drives her to seek out news that interests readers, making her a trusted source for news on the UAE and the broader Gulf region.

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