The completed villa spans approximately 2,466.7 square metres (26,550 square feet) and was purchased at roughly Dh9,792 per square foot, according to Dubai Land Department data reviewed on Tuesday.
A second villa in the same ultra-luxury Ayumi development was mortgaged for Dh130 million on the same day, underscoring continued large-scale financing activity in Dubai’s prime residential segment.
The transactions contributed to a Dh1.2 billion trading day across 339 property deals recorded in early September trading, as Dubai’s real estate market maintained strong momentum at the start of the new month.
Record-breaking week for luxury sales
The Palm Jumeirah sale follows another wave of high-value activity days earlier. On August 28, a villa in the Burj Khalifa area sold for Dh725 million, while a second property in the same area was mortgaged for Dh471.3 million, bringing combined value to nearly Dh1.2 billion.
Both Burj Khalifa-area properties covered approximately 379,000 square feet. The Dh725 million sale valued the property at around Dh1,914 per square foot, while the Dh471.3 million mortgage worked out at approximately Dh1,244 per square foot, according to Dubai REST data.
That Friday session saw Dubai property sales reach Dh1.3 billion across 185 transactions, with mortgages totalling Dh684 million across 44 deals.
Context and market trajectory
The Ayumi project on Palm Jumeirah is positioned among Dubai’s most exclusive residential addresses, catering to ultra-high-net-worth buyers seeking beachfront living with direct access to the emirate’s luxury hospitality and retail infrastructure.
The latest transactions add to a sustained pattern of large-ticket sales that have defined Dubai’s 2026 property market. Residential sales reached AED34.9 billion in July 2026, a 5.2 percent monthly increase, as buyers returned to the secondary market and developers maintained pricing discipline.
The concentration of Dh100 million-plus transactions in established luxury communities reflects continued confidence among high-net-worth investors in Dubai’s long-term residential value proposition, particularly in waterfront and landmark-adjacent locations.
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