Dubai's real estate market is now approaching 100 million transactions

As real estate worth 300 million dirhams and above sets new standards, prices for ultra-luxury homes in Dubai have increased. 

This does not end at 300 million dirhams. The bar was significantly raised due to a brand-new villa, which was put up for sale on the island of Jumeirah Bay for 350 million dirhams. Is the real estate market in Dubai ready to compete with real estate worth 100 million dollars?

The purchase of a mansion on a Palm tree for 280 million dirhams is the largest transaction made to date. A new collection of houses is aimed at this record. As more and more wealthy investors rush to buy real estate in Dubai, developers and investors have increased their activity in the off-plan real estate market since March.