A new price record for luxury real estate has been set in Dubai, this time on Jumeirah Islands.
A Masterview mansion sold for 46 million dirhams, the highest price ever recorded in the area for a property of this caliber.
This sale confirms Jumeirah Islands' status as an attractive destination for ultra-high-net-worth individuals and highlights the area's growing appeal among the international elite.
The move-in ready villa has a total living area of 7,483 square feet and sits on a 15,808-square-foot plot. It has five bedrooms with en suite bathrooms, luxurious Italian furnishings, and a modern smart home system that integrates into everyday management of the space. Ambra Development, a company known for its attention to detail and exclusive design approach, designed and constructed the residence.
Notably, the area has undergone a noticeable transformation in terms of buyers over the past four to five years. Today, there is an influx of active capital from Europe, particularly the UK, France, Germany, the Netherlands, and Italy. There is also growing interest from Southeast Asia, particularly Singapore, China, and Russia.
2025 has already been a remarkable year for Dubai's luxury real estate market, with high-profile deals concluded in Jumeirah Bay, Dubai Islands, and Emirates Hills. The new record on Jumeirah Islands confirms that the demand for luxury homes in Dubai remains consistently high while the buyer demographic is becoming increasingly global.