Dubai's Jumeira Bay sets new record for priciest villa - in just 10 months

Dubai: The costliest villa sale on Jumeira Bay island has just been done – for Dh330 million. The 6-bedroom villa deal reinforces the Dubai destination’s prominence as the place where new records kept being set and broken.

The plot covers 26,895 square feet and occupies ‘one of just three exclusive plots on the tip of the island’. “It is the only villa of the three to enjoy uninterrupted views of the Burj Khalifa and Downtown skyline,” said a statement.

The deal clears the earlier record of Dh240.5 million, which too was set up by Dubai Sotheby’s International Realty. This was in June 2024.

"Jumeirah Bay Island remains the most coveted address in Dubai, with just 128 plots, and its desirability only continues to grow,” said Regan Faulkner, Associate Director at the brokerage firm. "With uninterrupted views of the Dubai skyline, a prime beachfront position, and total exclusivity, it is one of the rarest opportunities on the market."

Dubai's super-luxury residential market continues to outperform so far in 2025 - in January, there was an Emirates Hills home that closed at Dh425 million.

On the Jumeira Bay deal, "Dh330 million is more than just a figure—it’s a statement," said George Azar, CEO and Chairman of Dubai Sotheby’s International Realty.

"The demand for properties of this calibre marks a shift where provenance and exclusivity hold more value than ever. In this segment, we don’t just set records—we shape the market."