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Monday, 30 December 2013

Dubai’s most expensive apartment deals in 2013

An apartment in Fairmont The Palm was sold for Dh42 million, topping the list of the biggest transactions of the year, according to information provided by Reidin.com to this website.

Reidin.com is an exclusive and primary data source for real estate markets in the emerging countries.

The second place went to an apartment transaction in Le Reve (French for ‘The Dream’), in Dubai Marina, which was bought for Dh38 million.


Six of the top 10 biggest deals took place in the ultra-luxury tower, totaling over Dh148 million.

The third place on the list, once again, went to apartment in Fairmont The Palm. It sold for Dh33 million followed by a Burj Khalifa apartment in the fourth place, which sold for Dh29.8 million.


In the fifth place was an apartment in Armani Residences Burj Khalifa. It was purchased for Dh25.44 million.

The last five positions were held by apartment deals registered in Le Reve tower. Two transactions of Dh24 million each took the sixth position, with a Dh23 million, Dh20 million and Dh19 million deals taking the last three places.

Dubai remains the hottest property market in the world with prices rising at the fastest pace this year amongst the 41 global cities it compares, UK-based Global Property Guide

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