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Gulf Press > Business > Dubai: Record-breaking sale of most expensive villa on Jumeira Bay Island for Dh175 million – News
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Dubai: Record-breaking sale of most expensive villa on Jumeira Bay Island for Dh175 million – News

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Last updated: 2024/06/05 at 10:18 AM
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The most expensive villa ever sold on Jumeira Bay Island recently went for a staggering Dh175 million. The five-bedroom villa, part of the Sea Mirror project, sits on a 15,000 sqft plot and boasts a built-up area of 17,500 sq ft. The luxurious property features a 25m lap pool in the basement, a state-of-the-art gym, a spa, sauna and steam room, a cellar, a cigar room, and a rooftop terrace. Designed by the renowned firm Jacobsen Arquitetura, the Sea Mirror project offers a limited collection of timeless and iconic residences in a seafront community.

Following the success of Sea Mirror, Lamar Development is gearing up to launch ‘Sea Mirror Residences’ on Dubai Water Canal, next to the Four Seasons Residences. The new project will include one apartment per floor and 18 luxurious penthouses, each equipped with a private lift. Prices for these opulent residences are starting at Dh20 million, with groundbreaking set to take place soon and handover scheduled for Q3 2026.

The collaboration between internationally acclaimed architects Jacobsen Arquitetura and Studio MK27, along with interior designer Patricia Urquiola, has created a masterpiece in the Sea Mirror project. The design of the homes in this community showcases a mix of modern and timeless elements that exude luxury and sophistication. Each residence is carefully crafted to offer residents the ultimate in comfort and elegance, making it a sought-after destination for luxury living in Dubai.

For those interested in staying updated with the latest news and developments in the real estate industry, following KT on WhatsApp Channels is a great way to stay informed. With updates on new projects, launches, and trends in the market, subscribers can get valuable insights that can help them make informed decisions when it comes to buying or investing in real estate in Dubai. Keeping abreast of the latest information can be crucial in navigating the competitive real estate market and finding the perfect property that meets your needs and preferences.

The Sea Mirror project on Jumeira Bay Island is setting a new standard for luxury living in Dubai, with its lavish villas and state-of-the-art amenities. The record-breaking sale of the Dh175 million villa is a testament to the demand for high-end properties in the city, as buyers seek out exclusive and unique homes that offer the ultimate in luxury and comfort. With its stunning design, prime location, and top-notch facilities, the Sea Mirror project is attracting discerning buyers who are looking for a residence that reflects their elite lifestyle and status.

With the upcoming launch of ‘Sea Mirror Residences’ on Dubai Water Canal, Lamar Development is poised to continue its success in delivering luxury properties that cater to the affluent clientele in Dubai. The new project promises to offer residents a lifestyle of unparalleled luxury and sophistication, with its exclusive apartments and penthouses equipped with the finest amenities and features. As Dubai continues to attract investors and buyers from around the world, developments like Sea Mirror Residences are reshaping the city’s skyline and setting new standards for upscale living in the region.

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News Room June 5, 2024
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