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Dubai’s luxury real estate market has hit another milestone with the sale of a prime residential plot on Jumeirah Bay Island for an astounding Dh182 million (around $50 million). Spanning 25,441 square feet, the plot was sold at Dh7,154 per square foot, making it one of the highest per-square-foot land deals in the city to…
Dubai’s Jumeirah Bay, often referred to as the Billionaires’ Island, is an exclusive enclave reserved for the ultra-wealthy. Located off the coast between Downtown Dubai and the World Islands, this private island is home to some of the world’s richest individuals, including centimillionaires and billionaires. Connected to Dubai by a private bridge, Jumeirah Bay features…
