Dubai’s luxury property market marked a major milestone in 2025 as a prime Palm Jumeirah plot sold for $24m, achieving the highest price per square foot recorded this year and reinforcing strong investor confidence in ultra-prime locations.
Key Highlights:
- Prime Palm Jumeirah plot sold for AED88m ($24m) in a standout 2025 transaction
- Deal achieved the highest price-per-square-foot land sale in Dubai this year
- Transaction involved a 13,579 sq ft plot in one of Dubai’s most exclusive districts
- Sale completed within one week, highlighting strong demand and swift market activity
- B1 Properties represented both buyer and seller, showcasing specialist market expertise
- Growing interest in bespoke luxury villa development driving plot demand
- Nearly 6,000 Dubai residential transactions above AED10m completed by mid-November 2025
- Prime residential segment recorded over 24% year-on-year growth, according to Savills
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