B1 Properties Closes Dh125 Million Luxury Villa Sale on Palm Jumeirah
B1 Properties has announced the sale of a custom-rebuilt, six-bedroom beachfront villa on Dubai's Palm Jumeirah for Dh125 million, highlighting strong demand in the ultra-luxury segment.
B1 Properties recently completed the sale of a bespoke six-bedroom beachfront residence on Palm Jumeirah for Dh125 million. The brokerage represented both the buyer and the seller in this significant transaction, underscoring the sustained strength of Dubai's luxury property market.
Property Highlights
The ultra-luxury villa features an 18,423-square-foot built-up area on a 15,190-square-foot plot. Its distinguishing characteristics include extensive European-inspired interiors and a rare subterranean level featuring a private six-supercar garage, an unusual amenity for properties on Palm Jumeirah. The property's design also incorporates a private cinema, a fully equipped gym, a luxury spa, and direct beachfront access with a private swimming pool.
Developed over a 28,000-hour build cycle, the residence underwent a complete structural upgrade and customisation. The interiors boast meticulous specifications, featuring bespoke furniture, cabinetry, and lighting from renowned brands such as Armani/Casa, Fendi Casa, Dolce and Gabbana Casa, and Baccarat. Integrated Bang and Olufsen sound systems complement the luxurious design, alongside full-floor installations of Carrara Venetiano marble.
Market Context
Babak Jafari, Founder and CEO of B1 Properties, noted that while a premium address is standard on Palm Jumeirah, bespoke upgrades are the primary drivers of ultimate prices. This sale serves as a benchmark for the firm, which closed H1 2026 with over Dh480 million in sales. Jafari emphasised that the Palm Jumeirah market, especially for upgraded and custom-built villas, remains robust and largely immune to external economic fluctuations, with demand consistently outstripping supply.
Questions, answered
- What were the key features of the Dh125 million villa sold on Palm Jumeirah?
- The villa is a six-bedroom beachfront residence with an 18,423-square-foot built-up area. It includes a private cinema, a fully equipped gym, a luxury spa, direct beachfront access with a private pool, and a unique subterranean six-supercar garage.
- Which brokerage facilitated this high-value transaction?
- B1 Properties facilitated the Dh125 million sale, representing both the buyer and the seller in the transaction. This contributed to their H1 2026 sales total exceeding Dh480 million.
- What makes this specific Palm Jumeirah villa unique?
- Beyond its beachfront location and luxury amenities, the villa features a rare basement level housing a private six-supercar garage, which is an uncommon addition on Palm Jumeirah. It also underwent a 28,000-hour custom build and structural upgrade.
- What luxury brands were incorporated into the villa's design?
- The villa's interiors feature bespoke elements from high-end brands such as Armani/Casa, Fendi Casa, Dolce and Gabbana Casa, Rimadesio, Boffi, Bulthaup, Gaggenau, Baccarat, and Terzani. It also has integrated Bang and Olufsen sound systems and Carrara Venetiano marble flooring.
This brief was summarised and rewritten by Gaia Living from public reporting. Figures and details reflect the original sources.