The Dubai real estate market has seen a record-breaking sale as a fully glorified, ready apartment on Jumeira Bay Island has been sold for AED17,000 ($4,600) per Sq.Ft.
It symbolizes the highest ever attained for a ready apartment in Dubai.
The apartment is on an elevated floor and delivers dual panoramic views of the iconic Bulgari Marina and Dubai skyline.
Dubai real estate sales record
Real estate agents Lina Allaoa and Kianoush Darban of Driven Properties restrained this historic transaction and described the seller in this record-breaking deal.
Jumeira Bay Island manifests opulence and exclusivity in the city. Attached to the mainland by a 300m bridge, it houses the prestigious Residences and Bulgari Resort.
Abdullah Alajaji, CEO and Founder of Driven Properties said: “Setting this new record is a testament to Driven Properties’ unwavering commitment to excellence and our profound understanding of the luxury real estate market.
“This sale demonstrates that Dubai’s market remains strong and resilient, with demand for high-end properties continuing to thrive. Lina and Kianoush have once again showcased their remarkable ability to exceed the expectations of our discerning clientele.
“This record-breaking transaction is a proud moment for us, further proving that Dubai continues to attract elite buyers seeking the very best in real estate.”
Read More Real Estate Blog: Exclusive Real Estate Listings in Dubai’s Hottest Locations:
