The Dubai luxury property boom continues to captivate investors and connoisseurs alike, with the recent sale of a stunning Al Barari villa for $29 million setting a record price per square foot. This remarkable transaction reflects the increasing demand for ultra-luxury residences in the emirate, highlighting Dubai’s appeal as a premier destination for affluent buyers seeking bespoke homes in exclusive locales.
Record-Breaking Sale in Al Barari
Dubai luxury real estate brokerage Maria Morris Global has announced a landmark deal within the high-end sector, featuring the sale of Y3 – KOA’s AMAIA villa located in The Collection. This custom-built, ultra-luxury mansion in Al Barari sold for an impressive $29 million (AED 107 million).
A New Benchmark for Luxury Living
Represented by Al Barari specialists Ellie Street and Ryan Almond, this magnificent five-bedroom home has redefined the standards of the super-prime community. The property achieved the highest-ever price per square foot in Al Barari, reaching AED 6,316 per sq. ft., as confirmed by the brokerage.
Features Tailored for the Discerning Buyer
With a sprawling built-up area of 16,939 sq. ft. on a 22,804 sq. ft. plot, the Y3 – KOA’s AMAIA villa is a perfect blend of elegant design and cutting-edge functionality. Notable features include a private rooftop bar and lounge, a fully equipped gym, and an executive-grade home office, making this residence not just a house, but a luxurious sanctuary designed for the modern ultra-high-net-worth lifestyle.
Market Insights and Trends
Ellie Street and Ryan Almond expressed their excitement about the sale, noting, “This marks an exciting chapter for Dubai’s luxury property market – and for Al Barari in particular, as we witness a clear shift toward more meaningful ultra-prime purchases where exceptional design, natural surroundings, and true exclusivity are paramount.”
This AED 107 million transaction follows another significant super-prime sale in Al Barari just two weeks earlier, where a custom-built seven-bedroom villa with a full-sized rooftop paddle court sold for over AED 121 million. These consecutive high-value transactions underscore Al Barari’s rising status within Dubai’s ultra-prime property landscape, showcasing the increasing global interest in exclusive, design-led residences set amid natural surroundings.
“This landmark sale of the final villa in The Collection isn’t just a transaction – it’s a definitive statement,” emphasized Charlie King, Partner at Allsopp & Allsopp. “It underscores the accelerating trend we are witnessing in Dubai’s ultra-luxury sector, especially with growing interest from international buyers, notably from Europe. Achieving the highest price per square foot ever recorded in Al Barari, in addition to managing the sale of the second most expensive villa this year at over AED 100 million, reiterates our unparalleled presence in the ultra-luxury market.”
King highlighted that these milestones are more than just record-breaking events; they reflect the company’s profound understanding of global investors and its ability to consistently deliver exceptional off-market properties that redefine luxury living. “We are not just participating in the evolution of Dubai’s luxury landscape – we are driving it,” he added.