‘Billionaires’ Row’ on Dubai’s Palm Jumeirah: Where super mansions for the ultra-rich are rising

  • Date: 06-Oct-2022
  • Source: Zawya
  • Sector:Real Estate
  • Country:UAE
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‘Billionaires’ Row’ on Dubai’s Palm Jumeirah: Where super mansions for the ultra-rich are rising

One of the fronds on the iconic Palm Jumeirah is fast carving out a niche reputation among the ultra-rich. Among the shortest on the Palm, Frond G is standing tall when it comes to record-breaking property sales of late.

Popularly known as the Billionaires’ Row, the frond is home to the most expensive villa ever sold in Dubai. On October 3, the signature villa developed by Alpago Properties went for a cool Dh302.5 million, surpassing the previous record of Dh280 million. The eight-bedroom ultra-luxury villa has four levels and an enclosed area of about 25,000sqft.

The Middle East’s own Billionaire’s Row offers much better value for money than its namesakes in London and New York.

“Billionaires’ Row is quickly becoming an iconic location within the city of Dubai when it comes to luxury property because of its unrivalled selection of high-end villas and overwhelming convenience,” said Murat Ayyildiz, founder of Alpago Properties, which has developed six signature villas on Frond G.

Frond G has more signature villas than all of Palm Jumeirah combined, added Ayyildiz.

Following the success of Expo 2020 and the efficient handling of the pandemic, demand for ultra-luxury properties in Dubai’s prime areas such as Palm Jumeirah and Emirates Hills has been