Six deals cross Dh195 million on Dubai's Palm Jumeirah
A Dh60-million deal in the plush Emirates Hills, a master development by Emaar Properties, has topped the list of the top 10 villa deals for the second quarter 2015 in Dubai, reveals data shared exclusively by Reidin.com with Emirates 24|7.
The deal, closed in May 2015, saw the buyer paying Dh2,325 per square foot (psf) for the 19,784 square feet spacious house, according to the data.
This website reported in April 2015 that the biggest deal of the first quarter 2015 was also worth Dh60 million in the same master development.
The second costliest deal during the period between April and June 2015 was again in Emirates Hills, with the transaction closing at Dh45 million.
Two villas in Palm Jumeirah and Emirates Hills took third place.
The Dh42-million deals translated into the buyers paying Dh5,198 psf for the former and Dh1,716 psf for the latter.
Fifth to eighth places on the list were occupied by transactions on the Palm, which were valued at Dh40 million, Dh34 million, Dh33 million and Dh26.275 million, respectively.
In the quarter, Palm registered six of the biggest deals, with total spend at Dh195.48 million.
The Lakes took ninth place with a Dh26.12 million deal followed by a Dh20.20 million villa sale on the Palm taking the final slot.
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