Dubai sets new record for most expensive plot in $34m deal – The National
- Date: 24-Apr-2023
- Source: The National
- Sector:Real Estate
- Country:UAE
Dubai sets new record for most expensive plot in $34m deal – The National
A 24,500 square feet sand plot in Jumeirah Bay has sold for Dh125 million ($34 million), making it the most expensive land plot sold in the UAE.
The transaction last week surpassed the previous record for a land plot sale of Dh91 million, according to global property consultancy Knight Frank, which represented the seller and buyer in the deal.
The plot was worth Dh5,100 per square foot, the broker said on Monday.
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