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Revealed: Costliest apartment deals of Dubai in 2014

Survey for the final quarter of 2014 reveals that consumer confidence in the UAE rose 2 points over the previous quarter. (Supplied)

By Parag Deulgaonkar

Even though the volume of property transactions in Dubai’s property market may have come down in 2014, big-ticket deals took place in the apartment segment.

Downtown Dubai emerged the winner with five biggest deals of the top 10, data shared by Reidin.com with 'Emirates24|7' reveals.

An apartment in Burj Khalifa, the tallest tower in the world and the centerpiece of Downtown Dubai, was sold for Dh60 million, topping the list of the biggest transactions of the year.

On the second place was an apartment transaction in The Address Downtown Hotel (Lake Hotel), Downtown Dubai, for Dh35 million. Bollywood superstar Salman Khan owns a unit in the tower.

The third position went to apartment deal in Marina Residences 1, Palm Jumeirah. The unit was sold for Dh29 million with another unit sale for Dh28 million in Burj Khalifa taking the fourth place.

PIc: Ashok Verma

A unit sold in Le Reve, Dubai Marina, for Dh25 million was placed fifth on the list with a unit in The Address Downtown Hotel (Lake Hotel), Downtown Dubai, selling for Dh23.08 million taking the sixth place.

The last four places went to Attareen Residences, Dubai Marina, (Dh17.80 million); Kempinski Palm Jumeirah Residences, Palm Jumeirah, (Dh17.64 million); Silverene Towers-A, Dubai Marina, (Dh17 million) and Emirates Crown Tower, Dubai Marina, (Dh16 million).