Money and business
Dubai Real Estate records the sale of a luxury residential apartment for 422 million dirhams

The real estate market in Dubai witnessed the implementation of a record sale deal for a luxury residential apartment off-plan at a value of about 422 million dirhams, in a clear indication that the real estate market in Dubai is continuing its momentum.
According to data from the Dubai Rest application of the Dubai Land Department, the area of the apartment is about 31.2 thousand square feet, equivalent to about 2,898 square meters, with an average price of 145 thousand and 586 dirhams per square meter.
The apartment, which is the third most expensive deal in the history of the Dubai real estate market, is located in the Jumeirah II district within the “Aman Residences Dubai” project.
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