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Dubai's Jumeira Islands' villa nets 'record' deal for Dh46 million

Dubai property market sees successive big-ticket deals this year, including at Jumeira Bay

Last updated: June 25, 2025 | 12:52

Manoj Nair, Business Editor

1 MIN READ

The Jumeirah Islands' villa that fetched a handsome sum.

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Dubai: This time, another island location in Dubai has sealed a 'record' price for a luxury home.

A 'Masterview' villa in Jumeirah Islands has sold for Dh46 million - for the highest recorded sale for a property of its kind in the community. It also 'reinforces Jumeirah Islands as a prime destination for ultra-high-net-worth buyers', says the brokerage firm Allsopp & Allsopp.

Also Read: Dubai's Jumeira Bay leads the way in priciest waterfront homes

The villa, which is ready for occupancy, is on a 15,808 square foot plot with a built-up area of 7,483 square foot. It has five ensuite bedrooms, an integrated home automation system, and bespoke Italian furnishings.

“Jumeirah Islands has witnessed a dynamic transformation in buyer demographics over the past four to five years,” said Jamal Tuzgani of Allsopp & Allsopp, who brokered the deal.

“We’re seeing a significant influx of wealth from across Europe, including the UK, France, Germany, Netherlands and Italy as well as growing interest from Southeast Asia, particularly Singapore, China, and Russia."

The villa was designed and developed by Ambra Development.

Dubai has seen multiple big-ticket deals so far this year, including at Jumeira Bay, Dubai Islands and Emirates Hills.

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.