Redwood Center of Excellence offers a nurturing environment with an IB Primary Years Programme, blending Montessori, Reggio Emilia, EYFS, and STEM, ensuring holistic development for children
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.
waheedabbas@khaleejtimes.com
Redwood Center of Excellence offers a nurturing environment with an IB Primary Years Programme, blending Montessori, Reggio Emilia, EYFS, and STEM, ensuring holistic development for children
Both countries will not only promote existing relations in petrochemical, energy and infrastructure but they are keen to explore new avenues and sectors to diversify their economic relations
UAE’s most-awarded nursery chain pioneers quality education and child development across 30 convenient locations in the UK and UAE
Unveiling the strategies driving the UAE's spa and wellness industry to new heights
Say goodbye to layover woes and hello to unforgettable adventures with Turkish Airlines' Stopover Istanbul and Touristanbul programmes
It will be important to watch if the central bank nudges the South Asian currency higher as a slight downward bias is likely to persist in the market, says expert
K. Padmarajan, a 65-year-old tyre repair shop owner, began fighting elections in 1988 from Tamil Nadu state
Certificate need to be presented at check-in for inspection prior to flying from Abu Dhabi, says airline