A Dubai real estate agent has announced the year-best sale of an off-plan villa in Jumeira Bay Island for AED125m ($34m).
Penthouse.ae closed the off-plan villa deal at the exclusive Sea Mirror community located at Jumeira Bay Island in Dubai.
It marks the largest off-plan villa sale of the year and the biggest transaction in the Metropolitan Group’s history.
Dubai villa sells for $34m
After a four-month process, Antonio Caviglia, of Penthouse.ae, successfully closed the deal with a wealthy European.
The five-bedroom 15,000sq ft villa is set for handover in early 2026 and was purchased by a European seeking a family residence and a home office.
This transaction represents the buyer’s first investment in the UAE.
Marcus Andersson, Director of Sales, Penthouse.ae, said: “This record-breaking sale underscores Dubai’s unwavering position as a global leader in luxury real estate. The emirate’s strategic vision, coupled with its world-class infrastructure and unparalleled lifestyle offerings, continues to attract discerning international investors.
“We are proud to have facilitated this landmark transaction and establish a new benchmark for off-plan sales. Our deep understanding of Dubai’s property landscape and our commitment to delivering personalized service ensure that clients benefit from the most lucrative investment opportunities available.”
Sea Mirror is located on the exclusive Jumeira Bay Island and features 18 private homes.
The villas are designed by internationally acclaimed architects Jacobsen Arquitetura and Studio MK27 with interiors designed by Patricia Urquiola.
The properties offer expansive indoor and outdoor spaces, complemented by world-class amenities from the neighbouring Bulgari Resort, Marina, and Yacht Club.
Antonio Caviglia said: “Understanding our client’s specific needs was key to securing this landmark sale. They were initially interested in an apartment, so we showed them three properties before we identified and recommended the Sea Mirror villa as a perfect fit, as it offered the space, functionality and prestigious location they desired.
“The unmatched design and amenities at Sea Mirror truly elevated the property for them and it was a unique opportunity for them to acquire a one-of-a-kind Dubai residence.”
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