Sold in collaboration with Saudi Arabia Sotheby’s International Realty, this six-bedroom villa is an island paradise with one of the world’s most unique addresses.
One of the most cosmopolitan cities in the world, Dubai is home to a range of exceptional super-prime properties, from dazzling penthouses in Downtown Dubai to custom-designed villas on the fronds of Palm Jumeirah. One of the most unique and exclusive addresses in Dubai is Jumeirah Bay Island – a seahorse-shaped island with just 128 villa plots. Often referred to as ‘billionaire's island,’ Jumeirah Bay Island has the highest density of billionaires in Dubai, surpassing Emirates Hills and Palm Jumeirah.
The most expensive villa on Jumeirah Bay Island is an exquisite six-bedroom custom-built property, which recently sold for AED 240.5 million (USD $65.5 million). This record-breaking deal was brokered by Dubai Sotheby’s International Realty in partnership with Saudi Arabia Sotheby’s International Realty, marking a landmark transaction in the Gulf super-prime market.
A true island paradise, this bespoke villa has private beach access, an expansive infinity pool, and excellent connectivity to the city. Let’s take a closer look inside the property.
Inside the most expensive Jumeirah Bay Island villa
Opulence isn’t always a thing that sparkles, as this magnificent villa shows. Here, luxury is found in the details: natural sunlight illuminates serene magnolia walls, exuding airy, beachfront calm. The interiors are adorned with exquisite high-end finishes from brands like Gessi and Brodware, complemented by bespoke joinery and artwork.
Designed for a life of leisure, this 18,800 sq. ft. home is defined by its exceptional amenities. It boasts an extensive wine cellar, a cinema room with an integrated theatre system, an excellent gym, and a garage museum with a German car lift system. These amenities extend effortlessly outside, featuring a private infinity pool overlooking the sea and a jacuzzi for spa-like comfort. For maximum convenience, the home includes an intelligent Loxone home automation system.
The Jumeirah Bay Island lifestyle
This man-made island is connected to the mainland by a 300m bridge, creating a living location that is private and isolated yet close to key business and leisure hubs. Jumeirah Bay Island is much smaller than Palm Jumeirah (there are just 128 villa plots compared with more than 2,000 on the Palm), nurturing a more tight-knit and exclusive residential community. This ultra-exclusive environment is precisely what attracts many investors to Jumeirah Bay Island: for some, it’s the promise of engaging in high-profile social circles as much as it is about living in beautiful luxury properties.
The island is also the de-facto home of Bulgari, with a selection of Bulgari-branded residences including the Lighthouse, Ocean Mansions, and the world’s first Bulgari Marina & Yacht Club, which is the social heart of Jumeirah Bay Island. Here, residents enjoy incredible dining options including the two-Michelin starred Il Ristorante – Niko Romito, an exclusive private members club, a library, and a stunning outdoor pool.
A Deal with Saudi Arabia Sotheby’s International Realty
This record-breaking villa remains the most expensive on Jumeirah Bay Island, surpassing the previous record by a large margin. The home was unlisted and had little to no marketing, reflecting the prowess of both the Saudi Arabia and Dubai Sotheby’s International Realty networks.
This transaction follows another significant sale facilitated by Dubai Sotheby’s International Realty earlier this year: a palatial 19-bedroom villa in Emirates Hills, marking one of the most expensive properties ever sold in the area.
Among Dubai’s most affluent neighbourhoods, Jumeirah Bay Island remains one of the most lucrative. In 2023, the three-level penthouse in Bulgari Lighthouse sold for AED 410 million, and a stunning six-bedroom beachfront residence remains on the market for AED 240 million.
The identity of the buyer remains undisclosed.
