September 3, 2025

Palm Jumeirah villa sold for $44m, second-highest price per sq ft in 2025

Dubai Sotheby’s International Realty sells a Palm Jumeirah villa for AED 161m ($43.8m), the year’s most expensive secondary villa and second-highest per sq ft price Dubai’s prime property market has recorded another milestone, with Dubai Sotheby’s International Realty closing the most expensive secondary villa sale on Palm Jumeirah this year for AED161m ($43.8m). The...

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$925m Lumena by Omniyat sold out in weeks

OMNIYAT’s LUMENA tower in Dubai has sold out in less than three months, achieving record AED3.4bn ($925m) sales Dubai real estate developer OMNIYAT has announced that its LUMENA tower is now fully sold out, just two months after its launch on June 18, 2025. The ultra-luxury commercial office tower, located on Sheikh Zayed Road in the Burj Khalifa district, achieved Business Bay’s highest...

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