Dubai: Most expensive villa on Jumeira Bay Island sold for Dh175 million

The villa has a built-up area of 17,500 sq ft, with a 25m lap pool in the basement, a state-of-the-art gym, a spa, sauna and steam room

Published: Wed 5 Jun 2024, 12:30 PM

Updated: Wed 5 Jun 2024, 11:09 PM

By
Web Desk

Supplied photo

A five-bedroom villa on a 15,000 sqft plot sold for a whopping Dh175 million, making it the most expensive villa to be ever sold on Jumeira Bay Island.

The villa, part of the Sea Mirror project, has a built-up area of 17,500 sq ft, with a 25m lap pool in the basement, a state-of-the-art gym, a spa, sauna and steam room, a cellar, a cigar room, and a rooftop terrace.

The Sea Mirror project is a seafront community of homes designed by firm Jacobsen Arquitetura. Internationally renowned architects Jacobsen Arquitetura and Studio MK27 collaborated with interior designer Patricia Urquiola to create the limited collection of timeless and iconic residences.

Stay up to date with the latest news. Follow KT on WhatsApp Channels.

Kianoush Darban (left) and Lina Allaoa

Building on the success of Sea Mirror, Lamar Development is currently preparing to launch 'Sea Mirror Residences' on Dubai Water Canal, adjacent to the Four Seasons Residences.

Speaking of the sale, Lina Allaoa said, "Selling the most expensive villa on Jumeirah Bay Island is a remarkable achievement and a testament to our expertise and dedication at Driven Properties. Sea Mirror villas are not just a home; they are a lifestyle experience that embodies the pinnacle of luxury."

Kianoush Darban added, "The overwhelming interest in and swift sale of Sea Mirror villas highlight the allure and investment potential of this exceptional development. We are incredibly proud to represent such an extraordinary project and contribute to its success."

The project will feature one apartment per floor and 18 luxurious penthouses, each equipped with a private lift. Prices are set to start at Dh20 million, with groundbreaking happening soon and handover scheduled for Q3 2026.

ALSO READ: