Local Business

Video: Dubai's most expensive villa in 2021 sold for Dh111 million

Waheed Abbas/Dubai
Filed on March 8, 2021

Photos: one100palm website.

Photos: one100palm website.

Photos: one100palm website.

Check out its ultra luxury features.

A villa on the Palm Jumeirah has been sold for a staggering Dh111.25 million, making it the most expensive property sold in Dubai in 2021.

Listen to this story and more on 8@8 with David Light

The new custom modern contemporary villa – One100Palm – has been bought by a Swiss family from Monaco, who intend to keep the home as a luxury rental. The family’s name has been kept confidential.

“Due to the ‘wow factor’ of the villa and the video receiving over million views, you would get many people wanting to see the villa in person. However, only a small percentage of the clients had the actual budget, so we had to shield the villa from this, carrying out the necessary due diligence on clients visiting,” said Leigh Borg, managing director at Luxhabitat Sotheby’s International Realty.

The villa spans over 3-floors and has a built-up area of 14,000 sqft. It hosts five spacious VIP bedroom suites, with the master extended to 1,300sqft of space. It was listed for sale in June 2020.

Some of the highlights of the villa include Bentley & Minotti furniture decor by Louis Vuitton & Hermes; and three indoor/outdoor cinema lounges, including a rooftop outdoor cinema along with an infinity glass Jacuzzi with a pop-up TV.

The villa also serves as an art gallery – embellished with unique sculptures by Richard Orlinsky and Eero Arnio as well as paintings by Fidia Falaschetti & Scrapsculteres USA.

In 2020, the most expensive villa was sold for Dh75 million, according to Luxhabitat.


ERROR: Macro /ads/dfp-ad-article-new is missing!
MORE FROM Business
MORE FROM Khaleej Times
CurrentRequestUnmodified: /business/local/thought-leadership--innovation-foundation-welcomes-alisha-moopen-of-aster-dm-healthcare-to-board-of-directors macro_action: article, macro_profile: ,1037,1036 macro_adspot:
KT App Download
khaleejtimes app

All new KT app
is available
for download:

khaleejtimes - android khaleejtimes - ios khaleejtimes - HUAWEI AppGallery