Thursday , 21 September 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.

Advertisement

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.

Advertisement

Leave a comment

Leave a Reply

Taylor Swift’s Enchanting Dubai Concert: A Night to Remember

Dubai, UAE - Taylor Swift fans in Dubai are in for a treat as the pop sensation's music takes center stage in the...

TriYAS Returns in February 2024: Get Ready for the Ultimate Fitness Challenge!

The Middle East's most awaited fitness event, TriYAS, is all set to make a grand return on Saturday, 24th February 2024, at the...

Indulge in 3 Exciting Experiences in the UAE this September

This September, the UAE offers a delightful array of experiences that cater to various tastes. From mouthwatering hotdogs to adrenaline-pumping action and a...

World Tennis League: UB40, The Original Wailers, and Trojan Sound System Headline ‘Reggae Night’ at Abu Dhabi’s Etihad Arena

The World Tennis League (WTL) is set to deliver a sensational blend of sports and entertainment as it announces a star-studded lineup for...

Things To Do

Taylor Swift's Dubai Concert: A Night to Remember
EntertainmentThings To Do

Taylor Swift’s Enchanting Dubai Concert: A Night to Remember

Dubai, UAE - Taylor Swift fans in Dubai are in for a treat as the pop sensation's music takes center stage in the...

TriYAS Returns in February 2024: Get Ready for the Ultimate Fitness Challenge!
SportsThings To Do

TriYAS Returns in February 2024: Get Ready for the Ultimate Fitness Challenge!

The Middle East's most awaited fitness event, TriYAS, is all set to make a grand return on Saturday, 24th February 2024, at the...

Discover Exciting Experiences in the UAE this September
Things To Do

Indulge in 3 Exciting Experiences in the UAE this September

This September, the UAE offers a delightful array of experiences that cater to various tastes. From mouthwatering hotdogs to adrenaline-pumping action and a...

World Tennis League's 'Greatest Show on Court'
SportsThings To Do

World Tennis League: UB40, The Original Wailers, and Trojan Sound System Headline ‘Reggae Night’ at Abu Dhabi’s Etihad Arena

The World Tennis League (WTL) is set to deliver a sensational blend of sports and entertainment as it announces a star-studded lineup for...

Related Articles

UAE Unemployment Insurance: Your Essential Guide

As of October 1, 2023, the UAE has introduced a groundbreaking Unemployment...

Witness: Extensive Lines Formed by Dubai Real Estate Brokers as Palm Jebel Ali Villa Sales Commence

Dubai's real estate scene witnessed a remarkable spectacle as eager real estate...

Emirates and SriLankan Airlines Sign Reciprocal Interline Agreement for Seamless Travel

In a move aimed at simplifying air travel for passengers heading to...

Madinat Jumeirah’s Christmas Market Returns with Bungee Jumping and More this December

As winter approaches, Dubai gears up for a season of festivities, and...

%d bloggers like this: