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Dubai real estate: Emirates Hills mansion sells for record $71m
Dubai real estate: Emirates Hills mansion sells for record $71m

Arabian Business

time2 days ago

  • Business
  • Arabian Business

Dubai real estate: Emirates Hills mansion sells for record $71m

Dubai's ultra-luxury property market has set a new benchmark after Eden Realty confirmed the record-breaking sale of a single-plot villa in Emirates Hills for AED260m ($71m) — the highest price ever achieved for a single-plot villa in the exclusive community. Spanning approximately 50,000sq ft, the seven-bedroom property was never publicly listed and was shown only to pre-qualified buyers, reflecting the privacy and exclusivity of such ultra-prime sales. Fabricio Saltini, Managing Partner at Eden Realty, represented the seller, while Michael Charalambous, Associate Director at Dubai Sotheby's International Realty, acted for the buyer. $71m villa sale in Dubai Saltini said: 'Representing this property was a privilege, not only because of its exceptional scale and location, but because of the trust placed in us to manage a process of such discretion. 'This sale reinforces our belief that the right network, deep market expertise, and an unrelenting commitment to confidentiality are what deliver results at this level.' Located on Emirates Hills' most prestigious stretch — known as the 'Golden Mile' — the villa enjoys sweeping views over the lakes and Address Montgomerie golf course. This milestone further cements Eden Realty's position at the pinnacle of Emirates Hills' luxury market. The firm and its partners have now handled three of the four most expensive transactions in the community: AED260m ($71m) AED210m ($57m) AED209m ($57m) Barney Crompton, Partner and Co-Founder of Eden Realty, said: 'The fact that Eden Realty has been involved in three of the four highest-value transactions in Emirates Hills speaks volumes about the strength and resilience of Dubai's ultra-luxury property market. 'Global demand for rare assets in the city remains unmatched, and Emirates Hills continues to cement its position as the crown jewel for high-net-worth investors.' Often referred to as the 'Beverly Hills of Dubai,' Emirates Hills remains one of the most exclusive residential enclaves in the UAE, attracting royalty, celebrities, and global business leaders. The AED260m ($71m) sale underlines the enduring appeal of Dubai's luxury real estate sector and the continued global demand for rare, high-value assets.

Most expensive plot in 'Beverly Hills of Dubai' sold for Dh260 million
Most expensive plot in 'Beverly Hills of Dubai' sold for Dh260 million

Khaleej Times

time2 days ago

  • Business
  • Khaleej Times

Most expensive plot in 'Beverly Hills of Dubai' sold for Dh260 million

A new benchmark in Dubai's ultra-prime property market has been set with the record-breaking sale of a single-plot villa in Emirates Hills, fetching Dh260 million. This marks the highest value ever achieved for a single-plot villa in the community. The landmark transaction was led by Fabricio Saltini, managing partner at Eden Realty, who represented the seller, with Michael Charalambous, associate director at Dubai Sotheby's International Realty representing the buyer. Spanning approximately 50,000 sqft, the property was never publicly listed and could only be viewed by buyers who passed a pre-qualification process — reflecting the high level of privacy that defines transactions at this tier and location. Emirates Hills, often referred to as the 'Beverly Hills of Dubai', remains one of the most exclusive residential enclaves in the UAE, attracting royalty, celebrities, and global business leaders. Eden Realty and its partners have now sold three of the four most expensive properties ever transacted in the community at the values of Dh260 million, Dh210 million, and Dh209 million. 'Representing this property was a privilege, not only because of its exceptional scale and location, but because of the trust placed in us to manage a process of such discretion,' said Saltini. He added that the plot is located on Emirates Hills' most prestigious stretch, known as the 'Golden Mile', with sweeping views over the lakes and the distinguished Address Montgomerie golf course. 'This sale reinforces our belief that the right network, deep market expertise, and an unrelenting commitment to confidentiality are what deliver results at this level.' Barney Crompton, partner and co-founder of Eden Realty, said global demand for rare assets in the city remains unmatched, and Emirates Hills continues to cement its position as the crown jewel for high-net-worth investors.

Eden Realty breaks record with Landmark AED 260mln Emirates Hills sale
Eden Realty breaks record with Landmark AED 260mln Emirates Hills sale

Zawya

time2 days ago

  • Business
  • Zawya

Eden Realty breaks record with Landmark AED 260mln Emirates Hills sale

Dubai, UAE – Eden Realty, a leading luxury real estate brokerage in the UAE, has set a new benchmark in Dubai's ultra-prime property market with the record-breaking sale of a single-plot villa in Emirates Hills which has sold for AED 260 million. This marks the highest value ever achieved for a single-plot villa in the prestigious community. A rare property, handled with absolute discretion The landmark transaction was led by Fabricio Saltini, Managing Partner at Eden Realty, who represented the seller, with Michael Charalambous, Associate Director at Dubai Sotheby's International Realty representing the buyer. Spanning approximately 50,000 sq ft, the property was never publicly listed and could only be viewed by buyers who passed a stringent pre-qualification process - reflecting the high level of privacy that defines transactions at this tier and location. 'Representing this property was a privilege, not only because of its exceptional scale and location, but because of the trust placed in us to manage a process of such discretion,' said Fabricio Saltini, Managing Partner at Eden Realty. 'Located on Emirates Hills' most prestigious stretch, known as the 'Golden Mile,' the 50,000 sq ft, 7 bed property enjoys sweeping views over the lakes and the distinguished Address Montgomerie golf course. This sale reinforces our belief that the right network, deep market expertise, and an unrelenting commitment to confidentiality are what deliver results at this level.' This milestone further cements Eden Realty's position at the pinnacle of Emirates Hills' luxury market, as the firm and its partners have now sold three of the four most expensive properties ever transacted in the community at the values of AED 260 million, AED 210 million and AED 209 million. 'The fact that Eden Realty has been involved in three of the four highest-value transactions in Emirates Hills speaks volumes about the strength and resilience of Dubai's ultra-luxury property market,' said Barney Crompton, Partner and Co-Founder of Eden Realty. 'Global demand for rare assets in the city remains unmatched, and Emirates Hills continues to cement its position as the crown jewel for high-net-worth investors.' Emirates Hills, often referred to as the 'Beverly Hills of Dubai,' remains one of the most exclusive residential enclaves in the UAE, attracting royalty, celebrities, and global business leaders. The AED 260 million sale underscores the resilience and strength of Dubai's luxury real estate market, particularly in the high-net-worth segment. Eden Realty continues to set new industry standards with its bespoke, discreet, and results-driven approach to luxury property sales. About Eden Realty Eden Realty is a Dubai-based luxury real estate brokerage specialising in the marketing and sale of the UAE's most sought-after properties. Known for its bespoke approach, deep client relationships, and a proven ability to deliver record-breaking results, Eden Realty is the trusted advisor to buyers and sellers in the ultra-prime segment. Media Contact: Your Mind Media hello@

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