“W Capital” latest villa sale in Palm Jebel Ali
For AED 20 million
Dubai, UAE:Thursday, February 19, 2025
W Capital, the leading Dubai-based real estate brokerage, announced the sale of a villa in Palm Jebel Ali for AED 20.05million.
“We have once again succeeded in providing real estate brokerage services for the sale of a villa in Palm Jebel Ali at a price exceeding AED 20 million,” said Walid Al Zarooni, W Capital CEO.
He noted that the 5 bedrooms villa was constructed on land area of about 7,940 square feet, while the building area is 7,577 square feet.
The Palm Jebel Ali project extends over an area of 13.4 square kilometers, and has the longest coastline among all Dubai destinations, with great investment opportunities.
There was always strong demand for The Palm Jebel Ali project since inception in October 2023. Last year’s real estate transactions contained about 225 land sales worth nearly AED 6bn, raising the project’s sales to AED 20bn in land sales, according to data from the Dubai Land Department.
Al Zarooni revealed that the great diversity and unprecedented demand in the Dubai real estate market boost record sales weekly, monthly and annually. Over 4 consecutive years that diversity was sufficient to ensure upward trajectory in real estate transactions with expectations to exceed one trillion dirhams in the coming few years.
The CEO confirmed that the Dubai market is still achieving sustainable growth competing major global markets, and even surpassing them. Dubai has become the first choice real estate market for many wealthy people and investors in the region and the world.
He pointed out that the Dubai market has proven best quality, achieving great gains for investors who has got good returns, while there are still attractive opportunities. That will require investors accelerate the purchase process as well as studying the market well and seeking the help of experienced people.
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