Fit For 'Selling Sunset': Luxhabitat Sotheby's is Selling Uber-luxury Mansions in Dubai Thick & Fast

  • 12th Jun 2021
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Fit For 'Selling Sunset': Luxhabitat Sotheby's is Selling Uber-luxury Mansions in Dubai Thick & Fast

Luxury real estate in Dubai is really moving very fast in 2021. The numbers of high value luxury property deals in Dubai have gone up through the roof recently. One of the biggest luxury real estate consultancies in Dubai; Luxhabitat Sotheby's has apparently closed a huge number of big ticket sized Dubai luxury real estate transactions spanning from AED 30 million to AED 75 million AED in Emirate Hills community.

Emirate Hills community happens to be one of the most coveted luxury real estate communities in Dubai and a globally loved luxury address in Dubai. Luxhabitat Sotheby's who are the leading luxury real estate dealers in Dubai, has increased its Dubai property sales to more than AED 250 million in 2021, which is almost nearly double in comparison to its Dubai real estate sales during the first half in 2020.

L1 in Emirates Hills
One of the highlights of their amazing luxury property sales in Dubai this year has been the deal for a luxury property in Dubai called L1 in Emirates Hills.

One100 Palm Villa
Incidentally another record breaking Dubai luxury home deal was closed by Luxhabitat Sotheby's International Realty. The deal closure of One100 Palm Villa, Dubai in a record period of six weeks listing the property off-market, at the beginning of 2021 was indeed a great start by Luxhabitat Sotheby's.

The transaction for the super luxury property in One100 Palm Villa was closed by Leigh Borg, Managing Director at Luxhabitat Sotheby's International Realty. Incidentally Leigh is also the holder of the top 2 luxury real estate sales in Emirate Hills which is also referred to as the Beverly Hills of Dubai globally.The high end luxury Dubai locality has always commanded the attention from wealthy individual property investors and global luxury real estate buyers across Europe, India & the GCC countries.

Dubai has always been considered as a very safe location by global investors and luxury real estate in Dubai is well respected throughout the world. The quality of luxury homes in Dubai especially in upmarket locations like Emirates Hills, Palm Jumeirah, Al Barari, Jumeirah Bay Island and Downtown is at par with the best globally.

Therefore there is always an underlying strong demand for luxury properties in Dubai and with the smart handling of the Covid pandemic challenge by the UAE authorities, the results are showing. The sales of real estate in Dubai as well as expensive luxury real estate in Dubai have grown tremendously.

Mansion in Dubai
The phenomenal luxury mansion in Dubai that was sold by Luxhabitat Sotheby's recently had been conceptualized by globally acclaimed architects KOBI KARP. This particular mansion in Dubai happens to be one of the most luxurious villas in Dubai boasting a 30,000 sq.ft built up area in terms of size. The attention to details in this Dubai luxury home includes a beautiful chandelier having more than 500 hand-blown glass spheres and crystal butterflies designed and executed by ‘Preciosa’ and half a century old Bonsai Tree in the Atrium. Each and every minute every element of this Dubai mansion was planned and executed by world class designers with excellent finishes, handcrafted materials and custom-made furnishings; making it a truly global yet quintessentially a Dubai luxury home.

 

 

"Completing the high-value transactions of ultra-luxury mansions like this with such consistency is evidence of the coveted relationships we have within the luxury property sector" said George Azar, the Chairman & CEO at Luxhabitat Sotheby's International Realty. “We have multiplied transactions in the luxury secondary market segment by 3x folds compared to the whole term of 2020”, he added.

This record-breaking streak of 2021 has been heavily influenced by the soaring demand in the ultra-high-end property segment from high-end buyers and investors honing in on lucrative secondary markets.

About LUXHABITAT Sotheby’s International Realty

Headquartered in Dubai, LUXHABITAT Sotheby’s International Realty focuses on residential and commercial luxury sales and leasing, luxury property management, institutional investments, and luxury project developments in the UAE and beyond. LUXHABITAT Sotheby’s International Realty represents the marketing and sales partnership between Sotheby’s International Realty brand in the entire GCC region and LUXHABITAT, a design-led real estate marketing and technology company. Together, we are now the biggest and strongest marketing and selling platform for luxury real estate in Dubai, making us the foremost luxury real estate brokerage in the market today. We are focused in sourcing the best quality properties in premium residential areas such as Emirates Hills, Palm Jumeirah, Al Barari, Jumeirah Islands, Jumeirah Golf Estates, Meadows, Lakes and Arabian Ranches; and also, the best apartments and penthouses in upscale buildings such as Le Reve, Index Tower, Six Towers, Burj Khalifa, The Address Hotels, among others. For more information, visit our award-winning website at www.luxhabitat.ae


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Suhas

Suhas Kataria is an ardent utopian, luxury real estate marketer & consultant, techpreneur (with a focus on proptech), SEO copywriter & trainer, lyricist, musician, rapper, runner & an eternal learner. As the Founder and CEO of Realspace, Suhas has 20 plus years of hands-on work experien... read more


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