Money and business

A villa was sold for 230 million dirhams in Palm Jumeirah, Dubai

Innovate Living revealed the sale of the record-breaking “Allegra” villa, a 28,154-square-foot villa located in “G Front, Palm Jumeirah,” at a price of 230 million dirhams.

The exceptional sale of the villa, facilitated by Sotheby’s International Realty, is one of the most prominent real estate transactions in Dubai, highlighting the growing interest in sophisticated elegance in the market.

The design of the “Allegra” villa in Dubai by “Innovate Living” is inspired by the charm of Southern California and the stunning Gulf views of “Palm Jumeirah.” It also blends the comfortable aesthetics of a beach house in Los Angeles with the sophistication and elegance of a “penthouse” apartment in Manhattan. Built in July 2022, the expansive villa embodies Innovate Living’s philosophy of purposeful and meaningful design, adopting a neutral color palette and luxurious furniture, and the seamless connection between the interior and exterior spaces makes it an exceptional family home.

Honey Delayme, Executive Partner at Sotheby’s and the award-winning real estate broker who led the sale, confirmed that ready-to-move-in homes in upscale areas such as Palm Jumeirah remain in high demand by discerning clients with high and meticulous standards, providing conditions in which investors can benefit. From her.

“When I deal with a client, my job is to ensure that the quality of the home exceeds expectations, and Allegra is a true testament to this philosophy,” said Delayme, who has personally overseen several high-profile transactions in luxury residential locations in Dubai.

Villa Allegra includes a 23-meter infinity pool and a 9,000-square-foot basement, with a private cinema, entertainment room, and fitness center with Technogym technology, direct access to the beach, and a private executive office.

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