Realty Force closes a Palm Jumeirah Frond A Garden Home villa deal at 34mln

  • Date: 26-Aug-2022
  • Source: Zawya
  • Sector:Real Estate
  • Country:UAE
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Realty Force closes a Palm Jumeirah Frond A Garden Home villa deal at 34mln

Dubai: Dubai's premium properties with a value exceeding Dh 10 million see a high demand in 2021 and 2022, recording the highest secondary market deals in the last ten years. An exclusive garden home and beachfront villa in Palm Jumeirah found an affluent buyer who purchased the unit at a hefty Dh 34 million through Dubai's luxury real estate consultancy Realty Force Real Estate Brokers, exclusively selling mid-premium luxury segment between Dh 7.5 million - Dh 37.5 million.

At the price tag, this beachfront Frond A Garden Home villa is recorded as the most expensive garden home on Palm Jumeirah, upgraded and reconditioned. Palm Jumeirah accounts for 35 per cent of all prime transactions, above Dh 10 million, which happened in 2021 and 2022.

The recent sale is this Frond A Garden Home property that sits on a 7,369.73 sq. ft. extended plot. This triple-storey residence is recently renovated and upgraded, offering remarkable views of Atlantis and Royal Atlantis views.

It's a 6,000 square feet, six-bedroom, and eight-bath villa on the beach with a private garden, swimming pool, maid's room and driver's room.

The buyer's representative, Riyaz Merchant, the CEO of Realty Force, said this garden home villa in Palm Jumeirah had ticked all