{"id":11399,"date":"2026-03-11T10:22:56","date_gmt":"2026-03-11T04:52:56","guid":{"rendered":"https:\/\/www.propertystellar.com\/blog\/?p=11399"},"modified":"2026-03-11T10:22:56","modified_gmt":"2026-03-11T04:52:56","slug":"palm-jumeirah-off-plan-apartment-sells-for-dh92-5-million-in-dubai","status":"publish","type":"post","link":"https:\/\/www.propertystellar.com\/blog\/palm-jumeirah-off-plan-apartment-sells-for-dh92-5-million-in-dubai\/","title":{"rendered":"Luxury Off-Plan Apartment at Palm Jumeirah Sells for Dh92.5 Million"},"content":{"rendered":"<p>Dubai\u2019s luxury real estate market continues to thrive as an off-plan apartment at the prestigious Armani Beach Residences sold for Dh92.5 million, highlighting strong demand for premium waterfront living and the continued growth of the emirate\u2019s high-end property segment.<\/p>\n<h3>Key Highlights<\/h3>\n<ul>\n<li>A luxury off-plan apartment sold for Dh92.5 million at Armani Beach Residences, one of Dubai\u2019s premium branded residential developments.<\/li>\n<li>The property spans approximately 11,520 sq ft (about 1,070 sq m) and achieved an average price of over Dh8,020 per sq ft.<\/li>\n<li>The development is located on the iconic Palm Jumeirah, known globally for luxury waterfront living and exclusive residential projects.<\/li>\n<li>Data from Dubai REST, operated by Dubai Land Department, confirmed the transaction.<\/li>\n<li>By midday trading, total real estate transactions in Dubai reached approximately Dh2.4 billion, with property sales exceeding Dh1.86 billion.<\/li>\n<li>Dubai\u2019s luxury real estate segment continues to attract high-net-worth individuals from around the world.<\/li>\n<li>In 2025, Dubai recorded 6,668 luxury property transactions worth Dh143.8 billion, reflecting strong growth in the premium market.<\/li>\n<li>This represents a 41% increase in transaction volume and a 45% rise in total value compared with 2024.<\/li>\n<li>Dubai\u2019s investor-friendly regulations, tax advantages, and world-class lifestyle offerings continue to strengthen its position as a leading global destination for luxury real estate investment.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Dubai\u2019s luxury real estate market continues to thrive as an off-plan apartment at the prestigious Armani Beach Residences sold for Dh92.5 million, highlighting strong demand for premium waterfront living and the continued growth of the emirate\u2019s high-end property segment. Key Highlights A luxury off-plan apartment sold for Dh92.5 million at Armani Beach Residences, one of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11400,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[55,57,58,59],"tags":[],"class_list":["post-11399","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog-home-section2","category-blog-home-section3","category-property-news","category-uae-property-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Palm Jumeirah Off-Plan Apartment Sells for Dh92.5 Million in Dubai<\/title>\n<meta name=\"description\" content=\"A luxury off-plan apartment at Armani Beach Residences on Palm Jumeirah sold for Dh92.5 million.strong demand for premium waterfront property\" \/>\n<meta name=\"robots\" content=\"index, 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