Luxury villa and apartment in Dubai mortgaged and sold for Dhs595.5 million
- Last updated: April 2, 2026 | 19:07
Farooq Fayyad, Staff Reporter
Dubai’s real estate market saw a luxury apartment sold and a villa mortgaged for a total of Dhs595.5 million during midday trading on Thursday.
According to Dubai REST app, the luxury apartment, located in Jumeirah 2, was sold for Dhs70.5 million. The apartment is part of Aman Residences project and spans 5,944 square feet with an average price of Dhs13,374 per square foot.
Meanwhile, a plot of land in Al Furjan area was sold for Dhs139 million. It spans 35,350 square feet with an average price of Dhs3,928 per square foot.
As far as mortgages are concerned, the market witnessed a villa in Burj Khalifa area mortgaged for Dhs525 million. The villa spans 379,000 square feet with an average price of Dhs1,386 per square foot.
A plot of land in Al Furjan was also mortgaged for Dhs153 million. It spans 35,350 square feet with an average price of Dhs4,321 per square foot.