Dubai luxury property: Dh425 million Emirates Hills home tops list in H1-2025

Jumeira Bay island gets three spots in Top 10 Dubai home deals

Last updated: July 11, 2025 | 12:12

Manoj Nair, Business Editor

2 MIN READ

Homes at Dubai's Emirates Hills keeps showing up at the top of the city's priciest deals.

Supplied

Dubai: An Emirates Hills villa – The Marble Palace - that sold for Dh425 million is the costliest Dubai residential deal in the first six months of 2025. That was followed by a Dh330 million deal for a home on Jumeira Bay island, which also had two other placements in the Top 10 residential sales in Dubai during the period.

“Dubai is no longer simply a hotspot for speculative investors but a permanent home for the world’s elite,” observed Daniel Hadi, CEO of Engel & Volkers Middle East.

Also Read: Dubai 'first home' initiative takes aim at Golden Visa investors

More than 3,700 properties found buyers for prices of Dh10 million and over in H1-2025, up 62.7% from last year.

In third place among the costliest homes sold was one at Palm Jumeirah, for Dh300 million, just above two Jumeira Bay island properties that fetched Dh225 million and Dh190 million.

Another Palm Jumeirah home found a buyer for Dh180 million. (BothPalm units featuring in the Top 10 were bought offplan, according to Engel & Volkers' data.)

“With 62% growth in Dh10 million-plus sales and a growing population of resident millionaires, the luxury segment is no longer a niche - it is central to Dubai’s real estate identity," said Hadi.

"From Emirates Hills to Palm Jebel Ali, we’re seeing a structural shift in demand from global capital moving here for the long term.”

The UAE is expected to attract 9,800 new millionaires in 2025 - that's more than any other country, according to the consultancy Henley & Partners.

Dubai’s priciest home deals in 2024

5-bedroom apartment in One at Palm Jumeirah gets Dh275 million (secondary market sale)
6-bedroom villa in Jumeirah Bay island takes Dh240.5 million (secondary market)
6-bedroom villa in Eome, Palm Jumeirah goes for Dh203 million (offplan)

Manoj NairBusiness Editor

Manoj Nair, the Gulf News Business Editor, is an expert on property and gold in the UAE and wider region, and these days he is also keeping an eye on stocks as well. Manoj cares a lot for luxury brands and what make them tick, as well as keep close watch on whatever changes the retail industry goes through, whether on the grand scale or incremental. He’s been with Gulf News for 30 years, having started as a Business Reporter. When not into financial journalism, Manoj prefers to see as much of 1950s-1980s Bollywood movies. He reckons the combo is as exciting as it gets, though many will vehemently disagree.