But they aren’t the costliest deals in the year-to-date - that honour went to a 42,000 square feet plus villa in Dubai Hills, which fetched the seller a handsome Dh75 million. In second place was an Emirates Hills home, delivered for Dh69 million, according to Luxhabitat Sotheby’s, the consultancy.
There could be more mega-deals on the way, with some villas currently for sale on the Palm carrying asking prices well upwards of Dh100 million. Even then, there were some relative bargains available for the rich - at Dubai’s premium residential locations, the average selling price at the end of the third quarter was Dh1,194 a square foot against Dh1,327 a square foot earlier.
