Palm Jumeirah Villa Sold for a Record $16.9mn

On a high note, 25 Degrees, the leading super-prime luxury villas developer, exceeded expectations with the sale of a $16.9 million beachfront villa on Dubai’s exclusive Palm Jumeirah.

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Dubai has seen unprecedented growth in the luxury real estate market, with a huge flow of high net worth individuals into the city for stability and fiscal advantage.

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Known the world over for its iconic man-made archipelago resembling a palm tree, Palm Jumeirah has become synonymous with opulence and exclusivity across Dubai.

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For David von Rosen, cofounder of 25 Degrees, it is the superior quality of construction and craftsmanship that sets their properties apart and makes this $16.9 million sale successful.

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Beyond its label as a global business hub, Dubai has surged in popularity among the plethora of international financiers and entrepreneurs looking to make it their permanent home.

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Going ahead, 25 Degrees has set ambitious plans for selling 100 homes by the year 2030 in the wider regional market.

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