In a stunning display of the strength and exclusivity of Dubai’s luxury property market, a plot on the prestigious Jumeira Bay Island has shattered previous records, selling for an astounding Dh182 million (approximately $50 million). The 25,441 square feet plot now holds the title of the most expensive land transaction on the island to date.

This new record surpasses the previous high of Dh125 million ($34 million), highlighting the growing demand for ultra-premium real estate in one of Dubai’s most coveted locations.

“Securing land on Jumeira Bay Island is a landmark achievement in itself,” the brokerage that facilitated the deal. “This transaction is the result of months of careful planning, strategic negotiations, and a deep understanding of our client’s vision. In the end, we were able to acquire an extraordinary plot that perfectly aligns with their goals.”

Jumeira Bay Island, developed by Meraas Holding, is a luxurious man-made island connected to the mainland via a 300-metre bridge. Spanning over 6.3 million square feet, the island is known for offering some of the most sought-after plots in the entire city, featuring panoramic sea views, proximity to the iconic Bulgari Resort, and a lifestyle that attracts ultra-high-net-worth individuals from around the globe.

At Fajar Realty, we recognize the significance of this milestone and how it reflects the dynamic nature of Dubai’s real estate market. As a trusted name in property consultancy and investment, we are committed to helping our clients tap into these exceptional opportunities. Whether you’re seeking luxury investments, waterfront properties, or exclusive plots like those on Jumeira Bay Island, Fajar Realty is your gateway to the very best Dubai has to offer.