Majid Al Futtaim Properties sells luxury mansion in Dubai for $54.4m – The National

Majid Al Futtaim Properties sells luxury mansion in Dubai for $54.4m – The National

Majid Al Futtaim Properties has sold a luxury mansion at Lanai Islands in the Tilal Al Ghaf project for Dh200 million ($54.4 million), as demand for premium property surges in Dubai.

It was the highest recorded sale at the company’s flagship project in Dubai, it said on Thursday.

Lanai Islands comprises 13 ultra-luxury villas on a private island in a 150,000 square metre recreational lagoon within the Tilal Al Ghaf project.