Two luxury residential units in Jumeirah 2 sold for Dhs112 million

Dubai's luxury real estate market continues its robust performance, with two high-end residential units in Jumeirah 2 selling for a total of Dhs112.3 million. The transactions, which occurred at the start of trading on Tuesday, highlight the city's appeal to international investors seeking premium properties.

The two apartments are situated within the exclusive Aman Residences Dubai project. Collectively, they cover an area of 7,651 square feet, achieving an impressive average price of Dhs29,300 per square foot. One unit, a two-bedroom apartment, was sold for Dhs57.6 million, while the second, also featuring two bedrooms, fetched Dhs55 million.

These significant sales contributed to a broader surge in Dubai's real estate activity. As of midday Tuesday, the market recorded total sales amounting to Dhs519 million across 265 transactions. Additionally, the market saw substantial activity in mortgages, totaling Dhs111.4 million from 41 deals, and gift transactions valued at Dhs6 million from three separate deals.