The most expensive villas sold in Dubai in 2022

Three Dubai mansions were included in the ranking of "25 most expensive buildings in the world in 2022". All of them are located on a prestigious artificial island. Palm Jumeirah, which actively attracts premium investors. And this is not surprising, the entire average ROI here reaches 10%.

The most expensive mansion in Dubai

According to Forbes Global Perspective, the villa for 163 million$ ranked third in the ranking. Bloomberg reported the name of the mystery shopper, it turned out to be a businessman from India, Mukesh Ambani, the honorary owner of the eighth line in the ranking of the richest people in the world according to Forbes. He bought the most expensive mansion in Dubai for his youngest son. The 10-bedroom house is located on Fond N, a palm branch on the northern part of the island, and has a private spa and two swimming pools. Officially, the villa was bought by the Indian millionaire company Reliance Industries and will be managed by a top manager and associate of Ambani.

A marvel of modern architecture by Alpago Properties

17th place in the ranking last year took the four-storey villa Casa Del Sole, located on the "street of millionaires". Its price exceeded 82 million$. The luxurious 8 bedroom mansion is equipped with a home theater, private bowling alley, underground parking and an on-site infinity pool. Panoramic windows of the villa overlook the unique Atlantis Hotel and the Persian Gulf. So far, Casa Del Sole, with an area of 2,600 m², is the largest villa on the island.

white villa

The 19th place in the ranking of the most expensive real estate is occupied by a snow-white villa with 10 bedrooms on Palm Island. Its value exceeded 76 million$. The ultra-modern mansion is equipped with a gym, a swimming pool, a 70 m long private beach and even a personal beauty salon. Only selected Italian marble and crystal were used for interior decoration. 

Construction trends in 2023

According to analysts from Savills, 2022 showed record rise in house prices in the UAE - 12.4%. Experts predict a further increase in the value of real estate while maintaining high demand from buyers. If we talk only about luxury real estate, according to a study by Knight Frank, the value of the premium segment increased by almost 60% in 2022. Despite the record jump, luxury real estate continues to be actively bought up, the number of transactions in this segment increased by 30%.

In the coming years, the Dubai real estate market will be replenished with 100,000 new properties, 15% of which are villas. Thus, developers will maintain demand for individual construction. It should also be taken into account that all objects not handed over in 2022 will become available for purchase this year, their number is about 30%. In the near future, the Dubai real estate market will be full of offers that will satisfy the needs of discerning buyers. OWRealty experts will consult and select the ideal option from 500 objectsthat suits all your wishes.