Dubai: Villa with 1,600 year-old olive tree sold for Dh128 million

Dubai: Villa with 1,600 year-old olive tree sold for Dh128 million

The property comprises four floors including a rooftop terrace fully equipped with a modern gym, yoga deck and hot tub

Published: Thu 15 Sep 2022, 5:11 PM Last updated: Thu 15 Sep 2022, 5:28 PM

A new villa has been sold for Dh128 million on Palm Jumeirah Frond G, which features a 1,600-year-old olive tree.

Called Framed Allure, the Signature villa has an enclosed area of over 19,240 sqft and is an architectural masterpiece by renowned architect, Emre Arolat.

The now-completed property on Billionaire's Row comprises of four floors, including a picturesque rooftop terrace fully equipped with a modern gym, yoga deck and hot tub.

Upon entering the villa, the double-height entrance is adorned with Italian-inspired bespoke metal sculptures from top to bottom, with one-off furniture pieces from the likes of Minotti, Henge, B&B Italia, Baxter and Boca Do Lobo.

“The Framed Allure villa is an exceptional addition to our portfolio, as the most expensive Signature Villa on Palm Jumeirah", said Babak Jafari, Founder of B1 Properties, which sold the property.

"It is one of the few properties that seamlessly blend the outdoors and indoors with sophistication, while breaking traditional norms in regards to the geometric style of the façade", said Emre Arolat.

"The amenities are in a