Saturday , 13 July 2024
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

Ambani-Merchant Wedding: Aishwarya Rai Bachchan’s Solo Arrival with Daughter Amid Divorce Speculations with husband Abhishek Bachchan

The wedding of the century is here! Anant Ambani and Radhika Merchant are tying the knot at the opulent Jio World Convention Centre...

Anant Ambani-Radhika Merchant Wedding: Top 5 Bollywood Couples Who Brought Fashion and Love to the Forefront

The big day we’ve all been waiting for is finally here. Anant Ambani and Radhika Merchant are set to exchange vows in a...

reports: Akshay Kumar Tests Positive for COVID-19, to Skip Ambani-Merchant Wedding

Bollywood’s Khiladi, Akshay Kumar, is making headlines, but not for the reasons you’d expect. Just as he was gearing up for the glitziest...

Anant Ambani-Radhika Merchant Wedding: Kim and Khloe Kardashian ready to go desi at ‘The Wedding of the year’

The Ambani-Merchant wedding just got a major Hollywood upgrade! Anant Ambani and Radhika Merchant are gearing up for their big day on July...

Social Kandura Big Bite

Things To Do

Euro 2024
SportsThings To DoUAE Guide

Where to Watch Euro 2024 Finale in Dubai

Football fever is sweeping through Dubai as Euro 2024 heads towards its thrilling finale. Whether you’re a passionate fan or just love soaking...

Diversity of Dubai Street Food
Things To DoUAE Guide

top 10 street food spots in Dubai that you will enjoy exploring!

Dubai’s street food scene is a culinary adventure waiting to be savored. Whether you’re a local foodie or a curious traveler, these spots...

Dubai taxis and its colors
People In DubaiUAE Guide

What Does the Color of Your Dubai Taxi Roof Actually Mean?

If you live in Dubai, you’ve probably seen messages like, “Your red-roof Toyota Camry is on the way.” With over 12,000 taxis around...

Things To Do

Dubai: 5 fun and exciting things you can do to enjoy this weekend

In scorching Dubai, beat the heat with thrilling activities. Ski Dubai's Summer Camp offers snowy fun for kids. The Smash Room lets you...

Related Articles

Dubai to get a new market inspired by London’s Borough Market

Street food lovers in Dubai have something to look forward to later...

UAE’s First Ritz-Carlton Reserve Opens on Ramhan Island in 2029!

Abu Dhabi will welcome its first-ever Ritz-Carlton Reserve, which opens its doors...

Air Arabia Introduces Budget-Friendly Flights from UAE to Vienna

In exciting news for travel lovers across the UAE, Air Arabia, the...

Riyadh Unveils Plans for the World’s Tallest Sports Tower

Riyadh, the bustling capital of Saudi Arabia, plans to redefine its skyline...