Selling a plot of land in “Palm Jumeirah” for 365 million dirhams

In a new standard deal for the luxury real estate market in Dubai, the Dubai Sothebiz International Real Realiti announced its success in the medium to sell a distinctive residential plot in “Palm Jumeirah” for an amount of 365 million dirhams (100 million dollars).

The company stated, in a statement yesterday, that this deal represents the highest value for selling a plot of land registered in this famous island in 2025, which confirms its permanent attractiveness to the luxury real estate market.

According to the company, this land extends over an area of ​​90 thousand and 36 square feet, and it is characterized by a unique location at the top of the “Palm Jumeirah” frond, as this land has panoramic views of the Persian Gulf, the “Bluatars” island, and the Dubai Marina Horizon (Dubai Marina).

“The Palm Jumeirah) is undoubtedly the perfect destination for the global elite in Dubai, while the sale of a rare plot of land located on top of the chastity is the prestigious position of the island, and the increasing demand for the luxurious housing overlooking the waterfront.”

He added: “With the continued decrease in the supply of luxury real estate, we expect a noticeable increase in land prices and insufficient designed in demand during the coming years.”

According to the company, this distinguished deal refers to a broad tangible direction during the year 2025, as Dubai continues to achieve unprecedented achievements in its real estate sector, while plots of land, in particular, witness an exceptional strong demand, where developers and people with huge wealth seek to build housing designed specifically in the finest areas in Dubai, driven by the continued flow of huge wealth to the emirate.

According to “Dubai Sothebiz International Realti”, “Nakhleh Jumeirah” witnessed a rise in prices by 18.92%, during the period from January to May 2025, despite the decrease in the volume of transactions by 14%, which reflects the significant increase in the value of this distinct real estate market, and data issued by the Land and Property Department in Dubai shows that more than 7700 plots of land were circulated during the first 100 days of the year.

According to the company, the executive partner of the Dubai Sothebiz International Real Reality, Lee Burg, exclusively in this important deal, while the buyer is the company “25 Degers”, which specializes in developing luxury real estate, which is famous for designing luxury housing of a distinctive architectural character in Dubai.

“The demand for luxury real estate in Dubai is exceptional,” he said. In today’s highly competitive market, developers must have their projects with unparalleled originality and innovative designs that look forward to the future. ”

He added, “This exceptional land of the company (25 Deerge) provides a unique opportunity to present a distinctive housing, which establishes new standards for luxurious living on the island of Nakhle Jumeirah.”

It is noteworthy that in December 2024, Dubai Sothebise International, in December 2024, facilitated the sale of the “Sigishcher” villa with five bedrooms overlooking the sea in the “Sex Sensiz Residence” complex in “Nakhla Jumeirah” for 130 million dirhams (35.4 million dollars), and is among the deals that were classified among the 10 most expensive housing units carrying global brands that were sold in a year 2024.