Dubai Real Estate Closes One of Its Biggest Sales of the Year

The site spans 94,351.98 square metres, placing its price at roughly Dhs19,725.69 per square metre, a figure that underscores just how competitive Palm Jumeirah’s prime development sites have become.

The scale of this transaction reinforces what many analysts have been saying all year: Dubai’s high-end market continues to operate in its own league. Despite global uncertainty, international buyers remain drawn to Palm Jumeirah, with demand for trophy plots and ultra-prime developments showing no sign of slowing.

This isn’t the only major transaction to hit the Palm in recent months. Less than two months ago, Dubai Sotheby’s International Realty announced the sale of a Dhs160 million secondary villa, developed by 25 Degrees and set across 1,000 square metres. The home includes multiple living areas, six suites, a private cinema and a pool terrace overlooking Atlantis The Royal. On a price-per-square-metre basis, it reached nearly Dhs158,000, marking the second-highest rate achieved this year.

With activity ranging from billion-dirham land plots to record-setting villas, Dubai’s luxury segment remains one of the city’s most dynamic. The appetite for premium property — whether for development or end-use — continues to define the upper end of the market as 2025 draws to a close.