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Top 5 Villa Transactions in Dubai in Q4 of 2016

Here are the top five villa purchases made in the last quarter of 2016

Beachfronts and blue skies may explain why Palm Jumeirah villas took the top spots on this list.

Palm Jumeirah and Emirates Hills properties continue to dominate on the higher end of the market. The Palm Jumeirah villas accounted for over AED 311 million whilst Emirates Hills villas accounted for AED 107 million in the last quarter of 2016, according to data from REIDIN. Here are the top 5 villas of Q4, according to the 2016 REIDIN report:

1. Palm Jumeirah Villa, AED 30 Million

Great Rotunda Even Number Atlantis View Signature Villa

Villa in Palm Jumeirah

Fronds, Signature Villa, 5 bedrooms

AED 31,000,000

Starting with the Palm, the most expensive villa of the quarter was sold at AED 4,166 per square foot in October 2016. The property (not pictured) features a BUA of 7,201 square feet on a plot of 13,406 square feet. According to Palm Jumeirah expert, Andrew Cleator, villas at this price point are typically Signature Villas with Built Up Areas (BUAs) of around 7,000 square feet on 13,000 square foot plots.

Villas at this price point are typically Signature Villas with Built Up Areas (BUAs) of around 7,000 square feet on 13,000 square foot plots.

- Andrew Cleator, Luxury Sales Director

2. Palm Jumeirah villa, AED 28 Million

Marina facing Signature villa on palm Jumeirah

Villa in Palm Jumeirah

Fronds, Signature Villa, 6 bedrooms

AED 30,000,000

A villa on the Palm sold at AED 3,889 per square foot in November 2016 with a square footage of 7,200 on a plot of 13,404 square feet.

3. Palm Jumeirah villa, AED 27 Million

5 bedroom Balqis Residence Villa in Palm Jumeirah

Villa in Palm Jumeirah

Kingdom Of Sheba/ Balqis Residence, 5 bedrooms

AED 25,000,000

Another Palm Jumeirah property sold at AED 3,751 per square foot in November 2016 for a villa with a square footage of 7,199 on a plot of 13,402 square feet.

4. Emirates Hills villa, AED 25.5 Million

A villa in Emirates Hills, AED 20-30 million (price on application)

A villa in Emirates Hills (not pictured) sold at AED 2,382 per square foot in October 2016 with a square footage of 10,704 on a plot of 15,772 square feet.

5. Emirates Hills villa, AED 25 Million

A villa in Emirates Hills, AED 20-30 million (price on application)

The last villa (not pictured) on this exclusive list was from Emirates Hills. It sold at AED 1,777 per square foot in November 2016 with a square footage of 14,071 on a plot of 20,406 square feet.

Browse similar properties in these areas

Note: The villas listed above are purely for illustrative purposes. They are still listed for sale and have been featured for the reader to become familiar with the quality of villas sold at that price point.

Article published on 26 Jan 2017 by Ruqayyah Khan

Article tagged with Dubai, Emirates Hills, Palm Jumeirah