The sale of a villa worth AED 148 million in Emirates Hills has clinched a new record for real estate transactions in Dubai. This sprawling estate, boasting 19 bedrooms, fetched the fourth-highest price ever recorded for a home in Emirates Hills.

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Managed by Dubai Sotheby’s International Realty, this opulent villa now ranks as the third most expensive property sold in Dubai this year.

Nestled within the prestigious gated community of Emirates Hills, this grand villa showcases one of the city’s largest living areas, sprawling across 80,000 square feet of land and encompassing 55,700 square feet of living space.

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“This sale underscores the thriving luxury real estate segment in Dubai, showcasing the unmatched opulence and exclusivity that Emirates Hills offers,” remarked a spokesperson for Dubai Sotheby’s International Realty.

“This transaction not only establishes a new pinnacle for luxury real estate in the region but also represents a significant milestone in Dubai’s real estate landscape,” he emphasized.

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Emirates Hills, boasting minimum sales prices starting from AED 11 million and maximum asking prices surpassing AED 100 million, is recognized by Bayut as one of Dubai’s premier communities for luxury villas.