Arabian Business
Residential deals: Where were the most expensive properties sold in Dubai in 2019?
By Gavin Gibbon
Arabian Business has teamed up with Property Finder to list the most expensive residential real estate deals in Dubai in 2019
Experts have warned of a sluggish real estate market in Dubai over the last 12 months, but that hasnโt stopped some record transactions taking place in the emirate.
Il Primo in the Opera District proved particularly popular with buyers, alongside the Palm Jumeirah and Emirates Hills.
The 15th most expensive transaction for 2019 was an Emirates Hills 6-bed villa which sold for AED 40 million in April in a secondary transaction. Image: ITP Media Group
Oqood registered the 14th most expensive transaction for a 4-bed apartment in The Royal Atlantis Resort & Residences for AED 40 million in May. Image: Supplied
An off-plan apartment in Il Primo sold for AED 40.87 million in March. Image: Emaar
In February, a 6-bed off-plan villa in Bulgari Resort and Residences sold off-plan for AED 41.1 million. Image: Supplied
Keeping in line with the same level of investment, another 7-bed villa in Emirates Hills sold in November for AED 41.19 million. Image: ITP Media Group
An off-plan apartment in Il Primo sold in March for AED 42.87 million. Image: Emaar
An off-plan 5-bed apartment in Emaar Propertiesโ Il Primo sold for AED 42.95 million in February. Image: Emaar
An off-plan 4-bed apartment in The Royal Atlantis Resort & Residences sold in April for AED 43 million. Image: Supplied
Considering the popularity of Il Primo, an off-plan 5-bed apartment sold in February for AED 43.5 million. Image: Emaar
The sixth most expensive transaction was in June, involving a 5-bed Garden Home villa on the Palm Jumeirah for AED 47.5 million. Image: Supplied
A 6-bed off-plan apartment in Il Primo sold for AED 57.6 million in June. Image: Emaar
In May, an off-plan 6-bed apartment sold in Il Primo in the Opera District for AED 63.4 million. Image: Emaar
In April, a 6-bed villa in Emirates Hills sold for AED 64 million in a secondary transaction. Image: ITP Media Group
The second most expensive transaction was an off-plan 5-bed apartment sold in May 2019 in Omniyatโs One at Palm Jumeirah project for AED 74 million. Image: Supplied
The most expansive property was sold in September 2019, a 7-bed villa sold in District One within MBR City for AED 90 million. Image: Supplied