Luxury Apartment Sale in Dubai

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1 Minutes Read

A luxury off-plan apartment in Dubai's Jumeirah 1 district has been sold for Dh84.6 million. The apartment spans approximately 11,566 square feet, translating to an average price exceeding Dh7,317 per square foot. The property is part of the Solaya 1, 2, 3 development.

This high-value transaction reflects the ongoing strength of Dubai's real estate market. By midday, total real estate transactions reached approximately Dh1.57 billion, with property sales alone surpassing Dh1.32 billion.

The luxury property market in Dubai experienced remarkable growth in 2025. Driven by increasing interest from high-net-worth individuals, the market saw 6,668 luxury property transactions worth around Dh143.8 billion. This represents a significant increase compared to 2024, which recorded 4,735 transactions valued at Dh99.3 billion, indicating a 41% rise in transaction volume and a 45% increase in value.

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