Dh41 million luxurious villa sold in Dubai
The sale represents the third highest real estate transaction in Dubai over the last six months.
Real estate broker PH Real Estate on Tuesday announced that it has brokered the largest villa sale in Dubai's Emirates Hills in the past six months.
The property, which sold for Dh41,195,000 earlier this month, represents the third highest real estate transaction in Dubai over the same time period.
The villa is over 2,000 sq. m and sits atop 3,237 sq. m of landscaped property.
"PH Real Estate is delighted to once again have solidified such a high-profile transaction," said Myles Bush, CEO.
"Selling villas valued at over $10 million right now is a wonderful indication of a market on the up!"
Emirates Hills, a luxury gated community developed by Emaar Properties, is a hot spot for Dubai's most elite residents.
Emirates Hills boasts private parks, tranquil walking paths and the world-class 18-hole Montgomerie Championship Golf Course.
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