DUBAI, United Arab Emirates, August 3 — BXB Estates has completed the highest residential transaction in the history of Jumeirah Golf Estates, with an AED 110 million sale setting a new benchmark for one of Dubai’s most prestigious residential communities.
Negotiated by Alfie Tabrez, Managing Partner of BXB Estates, the transaction surpasses the previous record of AED 58 million for a completed ready villa.
The six-bedroom residence offers 21,714 square feet of built-up area on a 15,873-square-foot plot. It comprises nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace. Its dedicated wellness area includes a gym, sauna, treatment suite and hairdressing room, reflecting the design, craftsmanship and lifestyle increasingly defining Dubai’s luxury residential market.
The property was never publicly available. Having already been spoken for, it was shown to the client only as a showcase of BCI Fitout’s workmanship. Recognising its quality, the client expressed an interest in acquiring it, prompting private negotiations led by Tabrez.
The transaction also sends a powerful message about Dubai’s position on the global stage. Despite wider geopolitical and economic uncertainty across the region, the transaction reflects Dubai’s unwavering resilience and enduring global appeal. It demonstrates the continued confidence ultra-high-net-worth individuals place in the Emirate’s leadership, long-term vision and stability as a world-leading destination for wealth, investment and luxury living.