Dubai real estate: Palm Jumeirah plot trades for $24m in record 2025 deal

B1 Properties brokered a $24m Palm Jumeirah plot sale, the highest price-per-square-foot transaction recorded in Dubai in 2025

Dubai’s luxury property market continues to capture global attention — and for good reason. In one of the standout transactions of 2025, a premium plot on the iconic Palm Jumeirah exchanged hands for AED 88 million (approximately $24 million), setting a new benchmark for land deals on the island this year. Arabian Business

A Fast-Moving, High-Value Deal

The Palm Jumeirah plot, spanning 13,579 square feet, was sold in a swift and competitive process, with the entire transaction completed in just one week from initial engagement to ownership transfer — a testament to the intense demand in Dubai’s luxury real estate segment. Arabian Business

B1 Properties, which represented both buyer and seller, facilitated the deal, highlighting the firm’s deep expertise in the premium plot market. According to Babak Jafari, CEO and Founder of B1 Properties, “the appetite for premium plots on Palm Jumeirah remains insatiable,” with buyers keen to secure rare land parcels to build bespoke waterfront residences tailored to their lifestyles and investment goals. Arabian Business

What This Means for Dubai’s Luxury Market

Palm Jumeirah continues to sit at the heart of Dubai’s ultra-luxury property landscape. Known globally as a premier address for bespoke villas and iconic waterfront living, the island has seen strong price appreciation and significant investor interest throughout 2025. Terra Firma

This latest record-setting land sale is just one example of the broader strength in Dubai’s prime property sector. Across the emirate, luxury residential sales have been on a sustained upward trajectory in 2025, with total market activity — including villas, apartments, and land — hitting historic levels. Arabian Business

Why Investors Are Flocking to Plot Land

Several factors are driving demand for prime plots on Palm Jumeirah and other prestigious Dubai locations:

  • Scarcity of prime land: Freehold plots on Palm Jumeirah remain limited, giving well-positioned parcels inherent value and appeal.
  • Customization potential: Buyers can design and build luxury residences tailored to their vision — a major draw for high-net-worth individuals seeking unique lifestyle assets. Arabian Business
  • Strong capital appreciation: Premium properties in Dubai have continued to trend upward through 2025, supported by global buyers and investors seeking diversification and long-term capital growth. Arabian Business

Looking Ahead: Confidence in Dubai Property

The success of the Palm Jumeirah land sale underscores the resilience and dynamism of Dubai’s prime real estate market. With total residential transactions and sales values breaking annual records in 2025, the city’s property sector continues to demonstrate its strength and attractiveness to investors worldwide. Arabian Business

Whether you’re a seasoned investor or a luxury homeowner considering your next move, Dubai’s real estate landscape offers compelling opportunities — especially in marquee locations like Palm Jumeirah that consistently redefine the meaning of exclusive living.

Stay tuned as this line continues to rise from blueprint to bustling reality — and get ready to explore Dubai with even greater ease in the years ahead!

News Source https://www.arabianbusiness.com/industries/real-estate/dubai-real-estate-palm-jumeirah-plot-trades-for-24m-in-record-2025-deal

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