Dubai’s Luxury Market Soars: AED 125M Off-Plan Villa Sale оn Jumeira Bay Island

A new benchmark has been set in Dubai’s luxury real estate market with the sale of an off-plan villa for a staggering AED 125M. This transaction, facilitated by Penthouse.ae, marks the most expensive off-plan villa sale of the year in the emirate.

The property, a 15,000 sq. ft masterpiece located in the exclusive Sea Mirror community on Jumeira Bay Island, boasts five bedrooms and is slated for handover in early 2026. A European ultra-high-net-worth individual purchased the villa, intending to use it as both a family residence and home office. This acquisition represents the buyer’s inaugural investment in the UAE, highlighting Dubai’s growing appeal to international elite investors.

Marcus Andersson, Director of Sales at Penthouse.ae, commented on the sale: “This record-breaking sale underscores Dubai’s unwavering position as a global leader in luxury real estate. The emirate’s strategic vision, coupled with its world-class infrastructure and unparalleled lifestyle offerings, continues to attract discerning international investors.”

Antonio Caviglia, the agent responsible for the sale, emphasized the importance of understanding client needs: “identified and recommended the Sea Mirror villa as a perfect fit, as it offered the space, functionality and prestigious location they desired.”

This record-breaking sale reflects the robust health of Dubai’s high-end real estate sector and the city’s continuing attraction for ultra-wealthy individuals seeking unique, world-class properties. As Dubai’s luxury real estate market continues to thrive, more landmark sales are anticipated in the near future.