AED 120 Million Villa Sold in Emerald Hills! Another ground-breaking deal that has made the Dubai real estate landscape brighter. This deal has solidified city’s status as a global investment hub. The villa in the Emerald Hills was sold was AED 120 Million, setting a new benchmark for sale of luxury properties in the region and reflecting potential profitable avenues for high net-worth (HNW) and ultra-high net worth investors.
This villa sale reflects the exceptional expansion in the luxury real estate business in Dubai, due to burgeoning demand for unique high-end residences among the most discerning global investors. The buyer of this historic transaction recorded a profit of AED 40 Million post purchasing the land, designing the villa, managing the construction process, and selling the property in its off-plan stage. This entire deal reflects the significant return opportunity that exists for real estate investment in the ultra-luxurious category in Dubai, mainly in the most sought-after and high-end places like Emerald Hills.
This villa sale worth AED 120 Million sale of the Emerald Hills highlights the city’s attractiveness as a destination for investors who are seeking both financial and aesthetic returns.
Situated within a villa spanning 25,000 square feet, custom design elements were incorporated with the sale being handled By Fäm properties, a leading real estate firm in Dubai. The partnership of the investor and the real estate agency speaks to the competence that’s mandatory to penetrate this ultra-luxury real estate market of Dubai.
“This real estate sale is a perfect example of a winning investment strategy for prime land acquisition, design, and construction of high-end villas, and off-plan sales for maximum returns,” said Fäm Properties.
Source: Businessoutreach