The number of homes available for sale in Dubai’s prime residential markets, Emirates Hills, Jumeirah Bay Island, Jumeirah Islands and The Palm Jumeirah, has fallen by 47% over the last 12 months to 2,851 properties, according to the latest analyses from global property consultant, Knight Frank. This highlights that the international buyer appetite, particularly among the uber-wealthy, continues to strengthen …
A sand plot on Dubai’s artificial island of Jumeirah Bay has been sold for a whopping 125 million dirhams or US$34 million. A sand plot spread across 24,500 square feet on Dubai’s artificial island of Jumeirah Bay was reportedly sold on 19 April for 125 million dirhams. Let’s take a look at the most expensive land plot sold in Dubai …