Luxury Dubai Mansion Sells for Record Price

A luxurious 7-bedroom mansion in Dubai Hills, priced at Dh150 million, has been sold, solidifying the area's status as a prime location for high-end properties. The villa boasts a California-inspired garden, a cabana-lined pool, and a sunken firepit lounge. Dubai Sotheby’s International Realty represented both the buyer and seller in the transaction.

This sale highlights a growing trend where clients are seeking lifestyle-focused investments within communities that offer strong capital appreciation. Villa sales in Dubai Hills Estate saw a 12.2% increase in transaction volume and a 14.1% rise in prices between January and May.

Manoj Nair, the Gulf News Business Editor, reports on property, gold, and stocks in the UAE and the wider region. He also closely follows luxury brands and retail industry trends.

With three decades at Gulf News, Nair began his career as a Business Reporter. Outside of financial journalism, he enjoys classic Bollywood films from the 1950s to the 1980s.