{
  "id": 4838485,
  "title": "Palm Jumeirah villa sells for Dh260 million in latest Dubai luxury deal",
  "url": "https://urgent.news/2026/09/01/palm-jumeirah-villa-sells-for-dh260-million-in-latest-dubai-luxury",
  "topic": "world",
  "section": "World",
  "published": "2026-09-01T09:33:59.000Z",
  "source": {
    "name": "Gulf News",
    "slug": "gulf-news",
    "url": "https://gulfnews.com/business/property/palm-jumeirah-villa-sells-for-dh260-million-in-latest-dubai-luxury-deal-1.500659128"
  },
  "original_language": "en",
  "account": "A Dh260 million residential transaction on Dubai's Palm Jumeirah has been completed, marking the latest in a series of high-value luxury deals in the city's prime real estate market. The six-bedroom villa, situated within the exclusive Ayumi development, boasts a spacious 2,466.7 square metres of living area, or approximately 26,550 square feet, according to Dubai Land Department records.\n\nThe luxurious property fetched an average price of Dh9,792 per square foot, a figure that underscores the continued robust demand for opulent accommodations in Dubai. Meanwhile, another completed villa within the same project reached a mortgage value of Dh130 million, indicating ongoing substantial financing in Dubai's prime residential sector.\n\nThe day's property activity, which began on Tuesday, saw Dubai process around Dh1.2 billion worth of transactions across 339 deals. The start of September has already seen a flurry of high-stakes property sales, starting a day earlier when a villa in the Burj Khalifa area sold for Dh725 million. Another property in the same vicinity secured a Dh471.3 million mortgage, collectively amounting to nearly Dh1.2 billion in value. Both properties covered an expansive area of about 379,000 square feet.\n\nDubai's property market has been active, with sales totaling Dh1.3 billion across 185 transactions on a recent Friday, with mortgage deals reaching Dh684 million across 44 deals. The city has recently recorded a Dh110 million villa sale in the Jumeirah Golf Estates area, nearly doubling the previous record. Additionally, an off-plan luxury apartment in Dubai recently sold for Dh166 million, further demonstrating the market's appetite for high-end properties.",
  "summary": "Dubai: A six-bedroom villa on Palm Jumeirah has sold for Dh260 million, extending a run of large residential transactions across Dubai’s luxury property market. The completed villa, located in the ultra-luxury Ayumi project on Palm Jumeirah, spans about 2,466.7 square metres, or 26,550 square feet, according to Dubai Land Department data. The transaction values the property at roughly Dh9,792 per…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}