Palm Jumeirah villa is most expensive home sold in 2019
Dubai: An off-plan 5-bedroom apartment spanning 24,000 sq ft in Omniyat’s One Palm, worth AED74 million is the most expensive property sold so far in 2019, reveals Property Finder, the MENA region’s leading property portal.
In second place is an Emirates Hills 6-bedroom villa spanning 17,800 sq ft that fetched AED64 million on the secondary market. And in third place is a 5-bedroom Garden Home villa on the Palm Jumeirah’s Fronds which sold on the secondary market for AED51 million.
In 2018, the most expensive property sold was an Emirates Hills villa on the secondary market for a whopping AED90 million.
Buyers seem to have a bigger inclination for off-plan super-luxury properties versus the secondary market, going by Dubai Land Department statistics for 2019.