Revealed: Dubai’s most expensive home in 2019

Supplied

AED 74 million. That’s the value of the most expensive home to be sold in Dubai this year, and the unit is still under construction.

According to the real estate portal Property Finder, the five-bedroom luxury off-plan apartment on Palm Jumeirah will span 24,000 square feet when complete.

In second place is a 6-bedroom villa on Emirates Hills that fetched AED 64 million, while third on the list is a 5-bedroom villa on the Palm Jumeirah's Fronds, worth AED 51 million.

Going by Dubai Land Department’s data for the first quarter, buyers seem to have a bigger inclination for off-plan super-luxury properties versus the secondary market.

More from Business

Coming Up on Dubai Eye

  • The Business Breakfast

    6:00am - 11:00am

    The Business Breakfast is the day’s must listen for the UAE’s business leaders, and those who aspire to be.

  • Lunch with Lloyd

    11:00am - 2:00pm

    No one knows entertainment better than veteran Dubai broadcaster Mark Lloyd.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Meet Gift, female food delivery driver

    Gift came here from Nigeria and failed to find a job, until a pizza company offered her one. She's now one of the very few female delivery drivers in the UAE.

  • FARMER'S KITCHEN

    Farmer's Kitchen is back for 2021!
    With our partners Spinneys, we are going to help you wave goodbye to boring dinners, cluttered fridges, and lumpy leftovers!