+
BXB Estates Records AED 110 Million Luxury Villa Sale in Dubai
Real Estate

BXB Estates Records AED 110 Million Luxury Villa Sale in Dubai

BXB Estates has completed a record AED 110 million residential transaction at Jumeirah Golf Estates, marking the highest-value residential sale in the history of one of Dubai’s most prestigious communities.

The transaction, negotiated by Alfie Tabrez, Managing Partner, BXB Estates, surpasses the previous record of AED 58 million for a completed ready villa.

The six-bedroom luxury residence features a built-up area of 21,714 sq ft on a 15,873 sq ft plot. The property includes nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace. Its wellness facilities comprise a gym, sauna, treatment suite and hairdressing room, highlighting the growing demand for lifestyle-oriented luxury residences in Dubai.

The property was not publicly listed and was initially showcased to the client to highlight the craftsmanship of BCI Fitout. Following the viewing, the client expressed interest in acquiring the residence, leading to private negotiations.

The record transaction reinforces Dubai’s position as a global hub for luxury real estate, reflecting continued confidence among high-net-worth buyers in the emirate’s long-term growth, stability and investment potential.

Commenting on the transaction, Alfie Tabrez, Managing Partner, BXB Estates, said the deal highlights the importance of trusted relationships and advisory-led approaches in the ultra-prime property segment.

The sale further strengthens Jumeirah Golf Estates’ position in Dubai’s luxury residential market and establishes BXB Estates as a key player in the ultra-prime real estate segment

BXB Estates has completed a record AED 110 million residential transaction at Jumeirah Golf Estates, marking the highest-value residential sale in the history of one of Dubai’s most prestigious communities.The transaction, negotiated by Alfie Tabrez, Managing Partner, BXB Estates, surpasses the previous record of AED 58 million for a completed ready villa.The six-bedroom luxury residence features a built-up area of 21,714 sq ft on a 15,873 sq ft plot. The property includes nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace. Its wellness facilities comprise a gym, sauna, treatment suite and hairdressing room, highlighting the growing demand for lifestyle-oriented luxury residences in Dubai.The property was not publicly listed and was initially showcased to the client to highlight the craftsmanship of BCI Fitout. Following the viewing, the client expressed interest in acquiring the residence, leading to private negotiations.The record transaction reinforces Dubai’s position as a global hub for luxury real estate, reflecting continued confidence among high-net-worth buyers in the emirate’s long-term growth, stability and investment potential.Commenting on the transaction, Alfie Tabrez, Managing Partner, BXB Estates, said the deal highlights the importance of trusted relationships and advisory-led approaches in the ultra-prime property segment.The sale further strengthens Jumeirah Golf Estates’ position in Dubai’s luxury residential market and establishes BXB Estates as a key player in the ultra-prime real estate segment

Related Stories

Gold Stories

Next Story
Products

Interio by Godrej launches modular workplace solutions

Interio by Godrej has launched Workscapes, a modular workplace solutions category designed to help organisations configure and adapt workspaces to changing requirements. The portfolio combines mobile and compatible furniture and support elements that can be rearranged across different work modes without changes to fixed layouts.Workscapes includes Collaboration Tables, Privacy Solutions, Mobile Markerboards and Space Dividers, Power Solutions, Storage and Support Elements, Meeting and Presentation Tools, and Seating Elements. The range is designed for focused work, collaboration, informal disc..

Next Story
Infrastructure Urban

CAFE-III Gives Auto Industry Investment Clarity

The government’s new Corporate Average Fuel Economy (CAFE-III) norms have provided the automobile industry with a clearer framework for technology investments, according to industry representatives. The framework seeks to balance environmental objectives with flexibility for manufacturers while encouraging the adoption of flex-fuel vehicles and biofuels. Society of Indian Automobile Manufacturers (SIAM) President Shenu Agarwal said the five-year framework would give automakers greater predictability to plan investments and accelerate innovation. He said the regulation established annual targ..

Next Story
Infrastructure Energy

Mines Ministry to Auction Two Offshore Mineral Blocks in Andaman Sea

The Ministry of Mines will launch an auction of two offshore mineral blocks in the Andaman Sea on Thursday, seeking to unlock India’s offshore mineral potential and strengthen long-term mineral resource security. The blocks will be offered under a composite licence, which permits exploration and development activities in accordance with the applicable regulatory framework. The ministry said the auction was intended to encourage systematic exploration, attract investment and promote the use of advanced technologies for offshore mineral exploration and development. The initiative is also aimed..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code