Historic Palm Jumeirah Record:
AED 1.861 Billion Land Sale Shocks the Market
In one of the most significant and headline-making real estate transactions of 2025, a prime land plot on Dubai’s ultra-luxury Palm Jumeirah has been sold for an unprecedented AED 1.861 billion. This staggering figure places the deal among the most expensive land transactions in the history of the UAE.
According to the official report published by the reputable What’s On Dubai Magazine, the sale—which took place between January and February 2025—has generated massive attention across UAE media outlets and among global luxury property investors.
Deal Details
As reported by What’s On Dubai:
- Total Sale Value: AED 1.861 billion
- Land Size: 94,352 sqm
- Price per sqm: Approximately AED 19,726
- Location: One of the most prime waterfront positions on Palm Jumeirah
- Potential Use: Ultra-Luxury residential or mixed-use development
Palm Jumeirah has long been recognized as one of the world’s most prestigious luxury destinations. Yet this record-setting sale demonstrates that Dubai’s ultra-luxury market is not slowing down—on the contrary, it is entering a new phase of global demand.
This mega-deal sends a clear message:
The world’s wealthiest investors continue to view Dubai as one of the safest, strongest, and most attractive real estate markets globally.
Why This Deal Is Historic
- The largest land sale recorded in Dubai in recent years
- A new price-per-square-meter benchmark for Palm Jumeirah
- Increased global interest in ultra-luxury investment opportunities
- Strengthening long-term expectations for land value in Dubai’s coastal districts
This milestone confirms that as the UAE economy expands rapidly, luxury real estate in Dubai is evolving into a new era—one where global high-net-worth individuals aggressively compete for rare and irreplaceable waterfront locations.
Sources
1. What’s On Dubai – A record-breaking plot just sold for over Dhs1 billion in Dubai
🔗 https://whatson.ae/2025/11/a-record-breaking-plot-sold-dhs1-billion-dubai/
2. Gulf News – Palm Jumeirah plot sells for Dh1.86 billion in one of Dubai’s biggest land deals of 2025
✔️ Both sources reference official data from the Dubai Land Department (DLD).
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