Metropolitan Premium Properties breaks company record

  • Date: 10-Feb-2023
  • Source: Zawya
  • Sector:Real Estate
  • Country:UAE
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Metropolitan Premium Properties breaks company record

Deal is the biggest in the upcoming popular development

Dubai, United Arab Emirates: Metropolitan Premium Properties (MPP) – a full-service real estate agency and the Metropolitan Group’s flagship property company, has closed the biggest single unit transaction in its history – an AED 90.5 million sale of a prime property at Tilal Al Ghaf making it also the most expensive deal in this up and coming popular destination.

Oybek Shamsiddinov, Sales Manager at MPP closed the deal earlier this month for an Indian family who are regular investors in the Dubai property market.

Shamsiddinov said: “I’ve worked with this family for the past three years and have invested in several communities across Dubai for them. They were looking for a property to use themselves and after convincing them to see the villa on January 31, they bought it the next day. They really liked the community project, villa layout and the finishing, which is done to an extremely high standard so the villa represented exceptionally good value. The same villa on Palm Jumeirah would be worth a minimum AED 250M.”

The uber-luxury 30,200+ sq.ft. villa will be handed over in Q1 2027. The villa is being designed by award-winning architectural firm, SAOTA and its