Palm Jumeirah’s Signature Villa Achieves Landmark AED 161 Million Sale

Dubai Sotheby’s International Realty has finalised a headline-grabbing secondary villa sale on Palm Jumeirah, closing at AED 161 million, the most expensive of its kind for the island this year. Encompassing a built-up area of 10,900 square feet, the Signature Villa—crafted by renowned developer 25 Degrees—boasts multiple living zones, six expansive en suite bedrooms, a private cinema, and a rear pool deck with direct views of Atlantis the Royal Resort & Residences. The transaction also ranks as the second‑highest on a per‑square‑foot basis this year, at AED 14,679.39 per square foot.

Dubai Sotheby’s International Realty exclusively brokered the deal, with Executive Partner Leigh Borg representing the seller and Senior Global Property Consultant Filippo Tavernaro for the buyer. Borg commented that the listing “stood out even in a highly competitive market” and singled out the estate’s exceptional execution and the calibre of clientele typically drawn to Palm Jumeirah. Tavernaro added that such transactions are possible thanks to the strength of the firm’s network and argued that “when the property ticks all the boxes”, the price tag becomes secondary.

The high-end property market in Dubai continues to gather momentum. Earlier this year, 25 Degrees acquired a land parcel on Palm Jumeirah’s frond tip for Dh 365 million —the highest‑value plot sale on the island to date in 2025, according to Dubai Sotheby’s International Realty’s data. The 90,036 square‑foot plot will host four luxury beach villas and one double‑sized villa with 120 metres of private beachfront frontage.

This flurry of elite transactions reflects wider trends in the super-prime segment. Data from property consultancy Knight Frank shows that Dubai saw 111 sales of properties priced above US $10 million during the first quarter of 2025—a record, amounting to total sales value of $1.9 billion—marking a 5.7 per cent increase year‑on‑year. Palm Jumeirah remained the fashionable locus, registering 34 such transactions totalling $562.8 million in the same period.

Chris Whitehead, managing partner at Dubai Sotheby’s International Realty, remarked that each landmark deal reaffirms the firm’s leading role in Dubai’s “super‑prime” property segment. The AED 161 million villa represents the second record-breaking sale on Palm Jumeirah this year, underlining both the prestige of the location and the persistent demand at the top-end.

David von Rosen, co‑founder of 25 Degrees, described the villa sale as “a clear sign of the strength and maturity of Dubai’s top‑end property market”, boosted by continued interest from ultra‑high‑net‑worth individuals seeking to invest in the emirate’s luxury lifestyle. He revealed that more “exciting projects” are currently underway, with the aim of setting new benchmarks in super‑prime residential offerings.

Parallel activity in the land market further emphasises this dynamic. The Dh 365 million purchase lays the groundwork for a cluster of ultra‑luxury homes—led by 25 Degrees and slated for completion on the rare undeveloped frond tip—bringing with it expectations of further price escalation as prime inventory tightens. According to Knight Frank, despite transaction volumes falling by 14 per cent year‑on‑year in the January–May period, prices on Palm Jumeirah surged by 18.92 per cent.