Is this summer the ideal time to sell your luxury villa?

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In March, an Dh280M villa on Palm Jumeirah’s became Dubai’s most expensive property and in May, an Indian entrepreneur purchased a five-bedroom property for Dh102.8M on Emirates Hills’ “Billionaire Row.”
Metropolitan Premium Properties, a full-service real estate agency specialising in luxury properties, is listing Dubai’s newest most expensive villa, the brand new XLV Residence, a stunning seven-bed mansion in Emirates Hills, one of Dubai’s most prestigious gated communities, for Dh225M.

The sale of the XLV residence would make it the second most expensive property in Dubai this year and could inspire other owners of luxury properties to cash in on their assets.

Developed by the Select Group, a leading real estate and property developer, the Golf course facing XLV residence is the epitome of ultra-luxury living. In addition to the exceptional design and finishing of the rooms, the villa features a selection of ultra-luxurious amenities, including a screening room, games room, private wine cellar, lap pool with water features and an outdoor pool with a wet deck overlooking the golf course. The breath-taking property can be viewed here.

According to Nikita Kuznestov, CEO of Metropolitan Premium Properties,

With Dubai luxury villas breaking records, this could be ideal time for property owners to sell their villas given the record-breaking prices and the looming economic crisis. With the current geopolitical uncertainty and rising inflation, Dubai real estate is seen as a good investment for international investors who want to hedge their risk and diversify their assets.

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