DUBAI'S PROPERTY MARKET REMAINS IN THE SPOTLIGHT: Whether it is the Dh125 million land sale on Jumeirah Bay or record Dh420 million Marsa Al Arab penthouse sale in Jumeirah – Dubai surpassing real estate market expectations and setting new standards every day. The latest buzz revolves around a mansion located in Emirates Hills, with a staggering price tag of Dh750 million ($204 million), positioning it as the most expensive residence available in the emirate. Spanning an impressive 60,000 square feet, the mansion boasts remarkable features, including a 15-car garage, indoor and outdoor pools, two domes, and a breathtaking 70,000-liter (15,400-gallon) coral reef aquarium. Situated within a gated community overlooking a sprawling golf course, this property offers additional luxuries such as a power substation and panic rooms. Despite global uncertainties, Dubai's property market continues to defy expectations, outshining its global counterparts amidst the pandemic frenzy. (By Nivetha Dayanand, Web Editor)
Luxhabitat Sotheby's International Realty via Bloomberg