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New Details

Dubai: Most Expensive Villa On Jumeira Bay Island Sold For Dh175 Million

Published on : 10-06-2024

Dubai: Most Expensive Villa On Jumeira Bay Island Sold For Dh175 Million

A luxurious five-bedroom villa on a 15,000 sqft plot has been sold for Dh175 million, setting a new record as the most expensive villa ever sold on Jumeira Bay Island.

The villa, part of the prestigious Sea Mirror project, features a built-up area of 17,500 sq ft. It includes a 25m lap pool in the basement, a state-of-the-art gym, a spa, a sauna, a steam room, a cellar, a cigar room, and a rooftop terrace.

Designed by Renowned Architects

 The Sea Mirror project is a seafront community designed by the internationally renowned firm Jacobsen Arquitetura in collaboration with Studio MK27 and interior designer Patricia Urquiola. This limited collection of residences represents the epitome of timeless and iconic luxury homes.

Future Developments by Lamar Development

 Following the success of Sea Mirror, Lamar Development is set to launch 'Sea Mirror Residences' on Dubai Water Canal, next to the Four Seasons Residences. This new project will feature one apartment per floor and 18 luxurious penthouses, each equipped with a private lift. Prices will start at Dh20 million, with groundbreaking scheduled soon and handover expected in Q3 2026.

Industry Reactions

 Lina Allaoa of Driven Properties remarked, "Selling the most expensive villa on Jumeirah Bay Island is a remarkable achievement and a testament to our expertise and dedication. Sea Mirror villas are not just homes but lifestyle experiences embodying the pinnacle of luxury."

Kianoush Darban added, "The overwhelming interest and swift sale of Sea Mirror villas highlight this exceptional development's allure and investment potential. We are incredibly proud to represent such an extraordinary project and contribute to its success."

#realestate #dubaiproperty #uaenews #uaerealestate #infrastructure

News Source : Khaleej Times

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