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Tuesday, 15 January 2013

10 costliest houses sold in Dubai in 2012: Dh34.7 million apartment tops


Dubai Marina and Palm Jumeirah topped the list of biggest residential real estate deals registered in 2012.
The costliest transaction was an apartment in Le Reve (French for ‘The Dream’), in Dubai Marina, which sold for Dh34.7 million, according to information provided by Reidin.com to Emirates 24|7.
Four of the top 10 biggest deals took place in the ultra-luxury tower, comprising only penthouses, totaling over Dh90 million.
An apartment in Ocean Heights, Dubai Marina, sold for Dh25.55 million, and was the second costliest transaction, followed by an apartment in Kempinski Palm Jumeirah Residences, selling for Dh23.41 million.
Two villa transactions on the Palm Jumeirah valued at Dh22 million and Dh21.12 million made it to the fourth and fifth place, respectively.
An apartment in Le Reve that sold for Dh20.5 million came in sixth, followed by sale of a unit in Kempinski Palm Jumeirah Residences for Dh19.14 million.
A Le Reve apartment for Dh18.5 million was in eighth place and the ninth and tenth slots were shared by an apartment in Le Reve and Bayside Residence in Dubai Marina for Dh18 million, respectively.
Reidin.com is an exclusive partner and primary data source for the information service in the emerging markets.

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