logo
#

Latest news with #DubaiHillsEstate

Dubai Sotheby's completes sale of key seven-bedroom mansion
Dubai Sotheby's completes sale of key seven-bedroom mansion

Zawya

time10-07-2025

  • Business
  • Zawya

Dubai Sotheby's completes sale of key seven-bedroom mansion

Dubai Sotheby's International Realty has announced the successful sale of a custom-designed seven-bedroom mansion located in the sought-after Hills View enclave of Dubai Hills Estate. The agency represented both buyer and seller in this transaction, with Executive Partner Honey Deylami acting for the seller. The property, listed for AED150 million ($41 million), is an architecturally striking and meticulously designed residence located in one of the city's most sought-after neighbourhoods. This particular Dubai Hills Estate mansion boasts expansive open-plan living spaces, dual gourmet kitchens, en-suite bedrooms with private terraces, a breathtaking rooftop lounge offering 360-degree panoramic views, and a California-inspired garden complete with a cabana-lined pool, a serene sunken firepit lounge, and an elegant outdoor dining space. The sale further solidifies Dubai Hills Estate's position as a magnet for ultra-luxury buyers and a highly attractive investment destination for High-Net-Worth (HNW) and Ultra-High-Net-Worth (UHNW) individuals. Its exclusivity, world-class amenities, and strategic location contribute to its sustained appeal. According to Dubai Sotheby's International Realty, the villa segment in Dubai Hills Estate saw remarkable growth from January to May 2025, with transaction volumes increasing by +12.2% and prices rising by +14.1%. This sustained upward trajectory highlights the enduring appeal and investment potential of this master-planned community for discerning clientele seeking a haven and high returns. Honey Deylami, Executive Partner at Dubai Sotheby's International Realty, commented on the transaction: 'What we're seeing with this sale reflects a growing trend among our clients who seek not just a home, but a lifestyle-led investment within communities offering proven capital appreciation. Dubai Hills Estate, with its world-class amenities and strategic location, perfectly embodies this demand, and our expertise lies in connecting these discerning buyers with truly exceptional properties.' Chris Whitehead, Managing Partner of Dubai Sotheby's International Realty, said: "The current market affirms Dubai's enduring appeal as a global hub for wealth and investment, particularly within the prime and super-prime sector." "Our ability to consistently connect extraordinary properties with the right buyers, even at this elevated price point, is a testament to the market's strength and our deep understanding of the unique requirements of our HNW and UHNW clients," stated Whitehead. "We continue to set benchmarks, reinforcing our role as the trusted partner for those seeking unparalleled opportunities in this dynamic market," he added.-TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (

Dubai real estate: Sotheby's sells $40.8mn mansion in Dubai Hills Estate
Dubai real estate: Sotheby's sells $40.8mn mansion in Dubai Hills Estate

Arabian Business

time09-07-2025

  • Business
  • Arabian Business

Dubai real estate: Sotheby's sells $40.8mn mansion in Dubai Hills Estate

Dubai Sotheby's International Realty has completed the sale of a seven-bedroom mansion in the Hills View enclave of Dubai Hills Estate for AED 150 million. The agency represented both buyer and seller in the transaction, with Executive Partner Honey Deylami acting for the seller. The property features open-plan living spaces, dual gourmet kitchens, en-suite bedrooms with private terraces, and a rooftop lounge offering 360-degree panoramic views. The residence includes a California-inspired garden with a cabana-lined pool, sunken firepit lounge, and outdoor dining space. Dubai Hills Estate sets new luxury benchmark The sale reinforces Dubai Hills Estate's position as a destination for ultra-luxury buyers and high-net-worth (HNW) and ultra-high-net-worth (UHNW) individuals. The community's exclusivity, world-class amenities, and location contribute to its appeal. According to Dubai Sotheby's International Realty, the villa segment in Dubai Hills Estate recorded growth from January to May 2025, with transaction volumes increasing by 12.2 per cent and prices rising by 14.1 per cent. This trajectory highlights the investment potential of the master-planned community for clientele seeking returns. Honey Deylami, Executive Partner at Dubai Sotheby's International Realty, said: 'What we're seeing with this sale reflects a growing trend among our clients who seek not just a home, but a lifestyle-led investment within communities offering proven capital appreciation. Dubai Hills Estate, with its world-class amenities and strategic location, perfectly embodies this demand, and our expertise lies in connecting these discerning buyers with truly exceptional properties.' The emirate's luxury real estate market continues to attract global attention, driven by economic growth, pro-business environment, investor-friendly policies like the Golden Visa programme, and its status as a safe and stable environment for investors. Dubai Sotheby's International Realty remains the choice for those seeking access to the region's homes, maintaining its position as the expert for HNW and UHNW individuals in prime and super-prime real estate. Chris Whitehead, Managing Partner of Dubai Sotheby's International Realty, added: 'The current market affirms Dubai's enduring appeal as a global hub for wealth and investment, particularly within the prime and super-prime sector. Our ability to consistently connect extraordinary properties with the right buyers, even at this elevated price point, is a testament to the market's strength and our deep understanding of the unique requirements of our HNW and UHNW clients. We continue to set benchmarks, reinforcing our role as the trusted partner for those seeking unparalleled opportunities in this dynamic market.'

AED 150mln Hills View Mansion in Dubai Hills Estate sold by Dubai Sotheby's International Realty
AED 150mln Hills View Mansion in Dubai Hills Estate sold by Dubai Sotheby's International Realty

Zawya

time09-07-2025

  • Business
  • Zawya

AED 150mln Hills View Mansion in Dubai Hills Estate sold by Dubai Sotheby's International Realty

Dubai, United Arab Emirates – Dubai Sotheby's International Realty announced the successful sale of a custom-designed seven-bedroom mansion located in the sought-after Hills View enclave of Dubai Hills Estate. The agency represented both buyer and seller in this transaction, with Executive Partner Honey Deylami acting for the seller. The property, listed for AED 150 million, is an architecturally striking and meticulously designed residence located in one of the city's most sought-after neighbourhoods. This particular Dubai Hills Estate mansion boasts expansive open-plan living spaces, dual gourmet kitchens, en-suite bedrooms with private terraces, a breathtaking rooftop lounge offering 360-degree panoramic views, and a California-inspired garden complete with a cabana-lined pool, a serene sunken firepit lounge, and an elegant outdoor dining space. The sale further solidifies Dubai Hills Estate's position as a magnet for ultra-luxury buyers and a highly attractive investment destination for High-Net-Worth (HNW) and Ultra-High-Net-Worth (UHNW) individuals. Its exclusivity, world-class amenities, and strategic location contribute to its sustained appeal. According to Dubai Sotheby's International Realty, the villa segment in Dubai Hills Estate saw remarkable growth from January to May 2025, with transaction volumes increasing by +12.2% and prices rising by +14.1%. This sustained upward trajectory highlights the enduring appeal and investment potential of this master-planned community for discerning clientele seeking a haven and high returns. Honey Deylami, Executive Partner at Dubai Sotheby's International Realty, commented on the transaction: 'What we're seeing with this sale reflects a growing trend among our clients who seek not just a home, but a lifestyle-led investment within communities offering proven capital appreciation. Dubai Hills Estate, with its world-class amenities and strategic location, perfectly embodies this demand, and our expertise lies in connecting these discerning buyers with truly exceptional properties.' Chris Whitehead, Managing Partner of Dubai Sotheby's International Realty, added: 'The current market affirms Dubai's enduring appeal as a global hub for wealth and investment, particularly within the prime and super-prime sector. Our ability to consistently connect extraordinary properties with the right buyers, even at this elevated price point, is a testament to the market's strength and our deep understanding of the unique requirements of our HNW and UHNW clients. We continue to set benchmarks, reinforcing our role as the trusted partner for those seeking unparalleled opportunities in this dynamic market.' As Dubai's luxury real estate market continues to captivate global attention, driven by its robust economic growth, pro-business environment, investor-friendly policies like the Golden Visa program, and its status as a safe and stable environment for investors, Dubai Sotheby's International Realty remains the definitive choice for those seeking discreet access to the region's most exclusive and desirable homes, solidifying its position as the trusted expert for HNW and UHNW individuals in prime and super-prime real estate. About Dubai Sotheby's International Realty Dubai Sotheby's International Realty is a leading luxury real estate broker specialising in the prime and super-prime markets. The agency brings expertise to a discerning clientele across Dubai's most sought-after areas, including Emirates Hills, District One, Palm Jumeirah, and beyond. As part of the global Sotheby's International Realty network, it offers unrivalled access to a global audience across 84 countries and territories. Media Contact Burson META Shirin Zemmo |

Primo Capital announces Dubai's best areas for property investment in 2025
Primo Capital announces Dubai's best areas for property investment in 2025

Khaleej Times

time28-05-2025

  • Business
  • Khaleej Times

Primo Capital announces Dubai's best areas for property investment in 2025

As the emirate prepares for a new wave of growth in 2025, Primo Capital has released its expert analysis of the top-performing areas in Dubai's real estate market. Backed by data and market insights, the firm identifies five key locations set to offer strong returns for investors amid rising demand, evolving infrastructure, and major development projects. Dubai continues to be a global focal point for real estate investors, with modern urban planning, a pro-business regulatory environment, and a robust tourism economy drawing international attention. With over four million expatriates expected to reside in Dubai by 2025, demand for both luxury and mid-range properties is forecasted to remain high. Primo Capital suggests that the ability to identify and invest in emerging districts could determine investor success in the next phase of the city's growth. Among the top recommended locations is Dubai Hills Estate, a master-planned community strategically located between Downtown Dubai and Dubai Marina. The area is known for its premium villas, expansive green spaces, and integrated lifestyle offerings including schools, retail outlets, and the Dubai Hills Mall. The community's connectivity and family-oriented amenities have contributed to consistent transaction growth. The Oasis by Emaar has also emerged as a high-potential area. The waterfront community maintained a stable residential sale price of Dh1,115 per sqft for four-bedroom villas across the final quarter of 2024 and the first quarter of 2025. According to Primo Capital, this price stability is a key indicator of long-term investment viability, particularly as Dubai's coastal developments continue to attract premium buyers. In parallel, Palm Jebel Ali, a revitalised palm-shaped island project, is regaining attention due to its scale, affordability relative to other luxury areas, and its strategic inclusion in Dubai's D33 economic agenda. The development, once paused, now offers villas starting from Dh18 million at Dh2,460 per sqft — a figure considerably lower than similar beachfront offerings elsewhere in the city. The 80-kilometre coastline and high sustainability targets further enhance its value proposition. The Valley, another area gaining significant traction, saw a sales volume of 3,237 and a 68.9 per cent increase in activity over the past 12 months, reaching a total sales value of Dh11.9 billion. Its blend of luxury residences, natural landscapes, and large-scale recreational facilities makes it particularly appealing to end-users and investors alike. Lastly, Dubai Islands have positioned themselves as a major coastal investment zone, shaped by a strategic merger between Meraas, Nakheel, and Dubai Properties. Located near Deira, this archipelago offers proximity to 65 per cent of Dubai's population and 75 per cent of business centres. With current property prices averaging Dh2,200 per sqft and the potential to climb as high as Dh10,000, Dubai Islands represent a high-upside opportunity for those seeking to buy property in Dubai. With large-scale investments in infrastructure and ongoing urban expansion, Primo Capital emphasises that informed decision-making is more important than ever for investors in 2025. By focusing on growth corridors such as Dubai Hills Estate, Palm Jebel Ali, and Dubai Islands, buyers can leverage market trends to secure long-term value in one of the world's most dynamic real estate markets. For more details, visit Primo Capital's official website.

Indians are second to people from this country in buying high priced luxury properties in Dubai, top position goes to…, not US, UK, Russia, China, Pakistan
Indians are second to people from this country in buying high priced luxury properties in Dubai, top position goes to…, not US, UK, Russia, China, Pakistan

India.com

time22-05-2025

  • Business
  • India.com

Indians are second to people from this country in buying high priced luxury properties in Dubai, top position goes to…, not US, UK, Russia, China, Pakistan

Indians are second to people from this country in buying high priced luxury properties in Dubai, top position goes to..., not US, UK, Russia, China, Pakistan Super-rich Indians are second to Saudi High Net Worth Individuals (HNWI) in buying luxury properties in Dubai, according to a report by global property consultancy Knight Frank. The report adds that British citizens are in third position after Indians in buying luxury properties in Dubai. Saudi HNWIs have the highest average budget of USD 45.7 million, followed by those from India at USD 44.6 million and UK citizens with USD 30 million, as per the report. Asian HNWIs have the lowest average budget among Knight Frank's survey respondents; however, this was still a very healthy USD 23 million. Global real estate investors chose Dubai's Marina area (28 per cent) as their preferred location. Other locations such as Dubai Hills Estate (24 per cent) and Emirates Hills (23 per cent) were the second and third places chosen by wealthy buyers, as per the Knight Frank report. Observing the trends, Shehzad Jamal, Partner – Strategy & Consultancy, MENA, said, 'For our wealthiest HNWI respondents (net worth > USD 50 million), Dubai Marina (43 per cent) commands the highest interest, demonstrating the enduring appeal of the long-standing poster child of Dubai's property market. For this group of super-rich buyers, Dubai Hills Estate (30 per cent) follows in second place, while Emirates Hills (22 per cent) rounds off the top three likely home purchase locations.' The 2025 edition of the Destination Dubai report further added that Dubai's residential market experienced another strong year in 2024, with property values rising by 19.1 per cent to an average of United Arab Emirates Dirham (AED) 1,685 per square foot (psf), pushing prices to 13.3 per cent above the 2014 peak. On average, villa sale prices grew by 19.6 per cent in the 12 months to the end of Q1, reaching AED 2,088 per sf, reflecting a 107.6 per cent uplift on Q1 2020. This sustained growth illustrates the strong appeal of stand-alone villas, beachfront homes and branded residences that provide instant access to the Dubai lifestyle, the report added. (With agency inputs)

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store