Another high-value transaction in a record-breaking year for Dubai’s property market.
Dubai: A 9-bedroom mansion in Dubai Hills Estate has changed hands for Dh200 million, marking another significant deal in what has already been a momentous year for the local property market. The transaction—handled by Dubai Sotheby’s International Realty—tops the Dh145 million sale the agency managed in the same area less than two months ago. The brokerage represented both the buyer and the seller in this latest deal.
Set on a private plot of more than 37,700 square feet, the fully furnished home spans four levels, complete with a basement and rooftop terrace. It features a private garden and a distinctive boomerang-shaped swimming pool.
“This sale on Hills Grove’s ‘Street of Dreams’ is a testament to Dubai’s global appeal,” said George Azar, Chairman and CEO of Dubai Sotheby’s International Realty.
Hills Grove is one of two enclaves in Dubai Hills Estate reserved exclusively for mansions, with just 26 residences lining a single street, encircled by a golf course and lakes. Over the last four years, Dubai Sotheby’s International Realty has overseen five of the most expensive deals in this community, with the newest transaction representing a 62.5% increase over the brokerage’s first mansion sale in the area.
