Wednesday , 29 March 2023
Dubai Villas
Home Local News 3 Dubai Villas Rank In World’s Most Expensive Properties Sold In 2022
Local News

3 Dubai Villas Rank In World’s Most Expensive Properties Sold In 2022

Dubai is the land of luxury, majesty and opulence. Be it tall skyscrapers or villas- the city has the best of everything. In fact, in 2022, Dubai sold the three most expensive properties in the world. Yep, three Dubai properties made it the world’s 25 most expensive properties sold globally last year. The ranked three villas are located in Palm Jumeirah. Read on to know more.

According to Forbes Global Perspective, five ultra-prime properties were sold in South Florida, four each in Hong Kong and Los Angeles, and three each in Dubai, London and New York. The total value of all 25 sales was AED9.175 billion, and the US accounted for 56 per cent of the sales.

In terms of properties in Dubai, AED600 million located on Frond N on Palm Jumeirah bagged the third spot, another villa built on Frond G row sold for AED302.5 million bagged the 17th spot, and AED250 million, 10-bedroom custom-built villa on Frond N bagged the 19th spot. As per the Media reports, the most expensive villa in Dubai was bought by Mukesh Ambani.

The reports in Forbes also state that in Dubai, foreign luxury home buyers grew by 30 per cent in 2022. This growth was visible due to UAE’s new infrastructure, tax and investment opportunities, economic growth, and approach to adapting immigration regulations to attract private wealth, capital, and talent.

Leave a comment

Leave a Reply

Recent Posts

AAP MP congratulates Raghav Chadha, Parineeti Chopra on their ‘union’

The buzz about a potential love affair between Aam Aadmi Party (AAP) MP Raghav Chadha and Bollywood sensation Parineeti Chopra has taken the...

Priyanka Chopra Jonas Spills The Beans On Moving To Hollywood

Starting as Miss World 2000, Priyanka Chopra Jonas skyrocketed to fame in the blink of an eye. Her initial foray into the acting...

From flab to fit: Jaw-dropping before and after photos of b-town stars

The transformative journeys of Bollywood actors as they shed those extra pounds are nothing short of inspirational. Through gruelling trials and tribulations, they...

Shah Rukh Khan buys Rolls-Royce worth 10 Crore After Pathan’s Success

It seems that Shah Rukh Khan’s innate sense of style extends beyond just his acting prowess. Wherever he sets foot, the Bollywood megastar...

Things To Do

golden hour
Things To Do

4 Newly Launched Activities/ Places To Visit In Dubai In April

A lot is happening in Dubai, and if you are planning to do something fun and explore new places in the emirate, here...

Local NewsThings To Do

SeaWorld Abu Dhabi: Waterfalls, rollercoaster rides, shopping below water; all you need to know about UAE’s new attraction

SeaWorld Abu Dhabi is set to open in the capital city this May. Home to the world’s largest aquarium, the next generation marine-life...

SportsThings To Do

UAE’s biggest padel tournament with a cash prize of AED100,000 is coming to dubai

Love padel? Then, here’s one for you! Flex your muscles and show off your padel skills at UAE’s biggest padel tournament. Kicking off...

Things To Do

UAE’s largest indoor adventure park with a three-storey e-karting track is opening in abu dhabi this Eid

Abu Dhabi is already home to some of the coolest things in the region. From restaurants serving lip-smacking food to family-friendly theme parks,...

Related Articles

Enjoy A Stunning Display Of Fireworks At Dubai’s Bluewaters Island Over The Weekend

Dubai is known for a plethora of things, and one of them...

Food, Live Music, Museum Of The Future Views: This Ramadan Market In Dubai Is A Must- Go

The holy month of Ramadan is celebrated with pomp and grandeur in...

Noon.com announces Big Ramadan Sale with up to 75% off

Noon.com, the Middle East’s leading online shopping destination, has launched its biggest...

%d bloggers like this: