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Luxury Garden Home villas in Palm Jumeirah attract investors' attention to prime Dubai real estate
Dubai's property market is set to continue breaking records in 2024, with sales in Palm Jumeirah, where wealthy global buyers are interested in luxury beachfront homes, particularly thriving, according to leading consultancy haus & haus Real Estate.
Experts at haus & haus report that garden homes in particular are seeing strong demand in 2024, with ten sold and transferred in the first quarter of this year and this number set to double in the second quarter.
Garden homes are a select group of properties known for their distinctive design and generous living space, with floor plans ranging from 5,000 to 6,000 sqm.
With large living areas, comfortable layouts and high-quality finishes, they create a welcoming atmosphere for families and those seeking a luxury lifestyle. Each garden home also has its own private pool and garden.
An example of a particularly impressive garden home is Villa Opus - currently on the market for AED 56 million (US$15.2 million).
Highlights of this five-bedroom mansion (all with en-suite bathrooms) include Louis Vuitton furniture, Bugatti cutlery, Baccarat crystal glasses, natural travertine and arabescato stone throughout the house, a showroom-style car garage, a huge barbecue area and pool, two kitchens with high-end appliances, a bar, Q Led TVs and Sonos audio systems throughout the house, and an outdoor infinity pool with bar and private beach.
Matthew Solomon, sales manager of haus & haus for Palm Jumeirah, said: "This home features several residential units, "Villa Opus is one of the finest examples on the market today and shows that the premium nature of property in Palm Jumeirah means there is an unstoppable demand for luxury homes in this exclusive area.
"In fact, Palm Jumeirah was the most popular location for premium property sales in Dubai last year, accounting for 38.5% of all homes sold for more than $10 million and 39.2% of properties valued at more than $25 million, according to an industry report.
And further development of Dubai's iconic man-made island is also on the cards.Starting in 2024, there is a clear shift towards forward planning with major upcoming units scheduled for 2025 to 2026, indicating a renewed focus on development after a period of lower completions, suggesting a strategic response to potentially rising demand.
Source: Arabian Business
