Palm Jumeirah is the most popular area in Dubai for Ultra luxury properties transactions with an average value of transactions reported in the $5.5 million range.
Other communities seeing a lot of traction in super-luxury residential sales are Emirates Hills and Bulgari Resort & Residences in Jumeirah Bay with an average value of transactions reported in the $11 million range and above.
here is the list of the top 5 most expensive properties sold in Dubai during 2019 until date :
1-Five bedroom penthouse ,total area of 24,000 SQ.FT in One Palm by Omniyat sold for $20 million.
2-Six Bedroom villa , total area of 17,800 SQ.FT in Emirates Hills sold for $17 million .
3-Five Bedroom villa , total area of 15,300 SQ.FT in Palm Jumeirah Fronds sold for $14 million.
4-Five Bedroom penthouse , total area of 11,400 SQ.FT in Il Primo Downtown sold for $12 million.
5-Four Bedroom apartment , total area of 6,300 SQ.FT in The Royal Atlantis Resort & Residences Palm sold for $12 million .
