In the "Street of Dreams"... a luxury villa in "Dubai Hills" was sold for 128 million dirhams
Sotheby's International Realty announced that it had concluded a deal worth 128 million dirhams for a private villa in "Dream Street" in Dubai Hills Grove, which made it the highest value so far this year.
The company, which focuses on luxury residential and commercial real estate sales and leasing, luxury real estate management, and institutional investments, said in a statement that the new luxury villa extends over a plot of land measuring 42,518 square feet, with a built-up area of 34,113 square feet, and includes seven bedrooms. And a gym, spa, cinema, swimming pool and outdoor terrace, in addition to a golf course and lakes, it is also characterized by its modern and classic design and views of the city center.
According to the company, the closed "Dream Street" in the "Dubai Hills Grove Complex" in the "Dubai Hills" area includes 26 villas, and the value of the villa in it is currently estimated at about 100 million dirhams.
The company pointed out that it sold a villa called "The Tree of Life" in "Dubai Hills" last year for 103 million dirhams.
"Luxpetites Sotheby's International Realty" indicated that it had concluded the sale on behalf of the seller and the buyer, where the company's senior global real estate advisor, Renit Shah, represented the buyer.
Shah said: “The buyer was looking for a new fully furnished villa to move in immediately, and he found this villa, which is characterized by its luxurious finishes and meticulous details in terms of furnishing and modern high-quality design with a classic appearance, his demand and preferences.”
He added, "The views of the golf course and amenities, the privacy, the welcoming feel, and the neutral and distinctive colors attracted the buyer and urged him to buy the property immediately."
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