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Dubai Sotheby’s International Realty sets new records with the AED 330 million sale of a villa on Jumeirah Bay Island.

Dubai, United Arab Emirates – Dubai Sotheby’s International Realty has once again redefined the limits of luxury real estate with the record-breaking sale of a six-bedroom, custom-built villa on Jumeirah Bay Island for AED 330 million. This transaction marks the most expensive home ever sold on the island, highlighting the growing demand for ultra-exclusive waterfront properties in Dubai.

Occupying a prime 26,895 sq. ft. plot, the villa is one of only three on the island’s coveted tip and the only one offering uninterrupted views of the Burj Khalifa and Downtown Dubai. Designed with striking contemporary architecture, it features full-height glass walls and soaring 13-metre ceilings, creating a seamless blend of space, light, and luxury.

The interiors are adorned with premium materials, including Taj Mahal Quartzite, Patagonian marble, and walnut wood veneer, while standout amenities include a beachfront infinity pool and a private stretch of pristine white sand.

This historic sale surpasses the previous Jumeirah Bay Island record of AED 240.5 million, also set by Dubai Sotheby’s International Realty in June 2024, reaffirming the island’s status as Dubai’s most prestigious address. Often dubbed ‘Billionaire’s Island,’ Jumeirah Bay Island features just 128 plots, attracting discerning buyers who seek privacy, exclusivity, and an unparalleled waterfront lifestyle.

Market Leadership in Super-Prime Real Estate

George Azar, CEO and Chairman of Dubai Sotheby’s International Realty, emphasized the significance of the sale:

“We continue to lead the super-prime market, and this record-breaking transaction is a testament to our expertise and the trust our clients place in us. AED 330 million is more than just a number—it’s a statement about the strength of Dubai’s luxury property sector and the increasing demand for exclusive, one-of-a-kind residences. In this segment, we don’t just break records—we set new standards and shape the future of the market.”

The landmark transaction was facilitated by Associate Directors Regan Faulkner and Ioana Armeanu, who represented the seller.

Faulkner remarked, “This villa stands in the most coveted location on Jumeirah Bay Island, offering unparalleled views, beachfront exclusivity, and total privacy. The demand for ultra-luxury homes here continues to rise, making it one of Dubai’s most desirable addresses.”

Armeanu added, “Bespoke, one-of-a-kind residences like this are in unprecedented demand, and this sale underscores Jumeirah Bay Island’s enduring appeal. It was a privilege to represent such a remarkable property and connect our client with the perfect buyer.”

About Dubai Sotheby’s International Realty

Dubai Sotheby’s International Realty is a premier luxury real estate brokerage specializing in prime and super-prime properties. With expertise across Dubai’s most sought-after communities, including Emirates Hills, District One, and Palm Jumeirah, the agency offers unrivaled access to an exclusive global clientele through the prestigious Sotheby’s International Realty network, spanning 84 countries and territories.

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