Dubai's Luxury Real Estate Soars: Record-Breaking AED 125M Villa Sale in Jumeira Bay

In a groundbreaking transaction, Dubai's luxury real estate market has once again proven its global appeal. An off-plan villa in the prestigious Sea Mirror community on Jumeira Bay Island has been sold for an astounding AED 125M, setting a new record for off-plan villa sales in the emirate this year.

The property, a architectural marvel spanning 15,000 sq. ft, features five bedrooms and is expected to be ready for occupancy in early 2026. Penthouse.ae, a leading luxury real estate agency in Dubai, facilitated this landmark sale to a European ultra-high-net-worth individual who plans to use the villa as both a family home and a personal office space.

This sale is particularly noteworthy as it marks the buyer's first investment in the United Arab Emirates, underscoring Dubai's increasing attractiveness to elite international investors.

Marcus Andersson, Director of Sales at Penthouse.ae, shared his insights on the transaction: "This record-breaking sale underscores Dubai’s unwavering position as a global leader in luxury real estate. The emirate’s strategic vision, coupled with its world-class infrastructure and unparalleled lifestyle offerings, continues to attract discerning international investors."

The success of this sale was largely due to the personalized approach taken by Antonio Caviglia, the agent who closed the deal. Caviglia emphasized the importance of understanding and meeting client needs, stating that the Sea Mirror villa was recommended for its perfect blend of space, functionality, and prestigious location.

Dubai's ability to attract ultra-wealthy individuals seeking exceptional properties remains strong, reinforcing its position as a global hub for luxury living and investment.