Another Dubai villa was sold for over USD 27 million
This is the third property deal of this caliber that was made in Dubai this year.
The Dubai real estate sector continues to stage a strong recovery as another high-end villa was sold for over USD 27 million. This sale reflects investors' trust in the growth of the emirate’s real estate industry.
The luxury real estate agency Luxhabitat Sotheby's announced on Tuesday that it had sold a premium mansion in Dubai Hills Estate. The deal also records as the fastest one for a USD 27 million plus property – the whole process from listing to transaction date took less than a month. This is the third property deal of this caliber that was made in Dubai this year.
'This resale deal is the highest value property sold in Dubai Hills Estate to date and has now been purchased by a discreet, high net worth buyer,' the Dubai-based company said.
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