Palm Jumeirah Land Sells for AED 365 Million – Highest Plot Sale in Dubai for 2025
Thursday, 19 June 2025
A prime plot on Dubai’s Palm Jumeirah has been sold for a record-breaking AED 365 million ($100 million), making it the highest-valued land sale in Dubai in 2025. The deal, facilitated by Dubai Sotheby’s International Realty, highlights soaring demand for ultra-prime waterfront plots as elite investors seek custom-built homes in the city’s most prestigious enclave.
Key Highlights:
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Record Plot Sale of 2025:
A 90,036 sq. ft. frond-tip plot on Palm Jumeirah has sold for AED 365 million, marking the largest land transaction in Dubai so far this year. -
Ultra-Prime Location:
The plot is located at a rare frond tip, a highly sought-after address where most land is already developed and freehold plots are tightly held. -
Brokered by Sotheby’s:
The deal was completed by Dubai Sotheby’s International Realty, whose CEO George Azar noted the plot reflects “intense demand for ultra-prime waterfront living.” -
Soaring Land and Villa Demand:
Investors are actively seeking bespoke mansion plots in elite areas like Palm Jumeirah as inventory continues to tighten. -
Palm Price Surge:
Despite a 14% drop in transaction volume, Palm Jumeirah prices jumped 18.92% in the first five months of 2025, showcasing its resilient high-end appeal. -
Previous Major Sale:
Sotheby’s also sold a 5-bedroom Signature Villa at Six Senses Palm Jumeirah in late 2024 for AED 130 million, among the Top 10 branded residence deals globally. -
Citywide Plot Boom:
Dubai Land Department recorded over 7,700 land transactions in the first 100 days of 2025, indicating strong momentum across the emirate.