🏝️ Palm Jumeirah Land Sells for AED 365M, Breaking All-Time Record in 2025
Dubai, UAE – In a record-breaking transaction, a plot of land on Palm Jumeirah has sold for AED 365 million ($100 million) in 2025, setting a new benchmark for real estate deals on the iconic artificial island.
The 90,036-square-foot plot, located at the exclusive tip of one of Palm Jumeirah’s fronds, was facilitated by Dubai Sotheby’s International Realty and has been described as an exceptionally rare opportunity given that most plots on the Palm have already been developed or are tightly held.
“Palm Jumeirah continues to represent the pinnacle of ultra-luxury living in Dubai,” said George Azar, Chairman and CEO of Dubai Sotheby’s International Realty. “This transaction underscores the soaring demand for elite waterfront property.”
🌊 Soaring Demand Despite Limited Inventory
This historic sale highlights the ongoing appeal of Palm Jumeirah among global high-net-worth individuals. As available freehold plots become increasingly scarce, property values and bespoke mansion developments are expected to climb even higher.
In fact, the Palm has already experienced an 18.92% increase in prices between January and May 2025, according to Dubai Land Department data. While the number of overall transactions declined by 14%, the value per deal has significantly risen—proving demand is focused on quality over quantity.
🏡 Ultra-Luxury Homes Continue to Dominate
This isn’t the first high-profile sale involving Dubai Sotheby’s. In December 2024, a five-bedroom Signature Villa at Six Senses Palm Jumeirah sold for AED 130 million, ranking among the top 10 most expensive branded residences globally that year.
Such sales reflect the continuing demand among developers and investors to create personalized mansions within Dubai’s most prestigious communities.
🧾 Buyer Profile and Market Movement
The buyer, 25 Degrees, is a known developer in Dubai’s luxury real estate scene, with a focus on designing high-end, customized properties. Their investment aligns with the broader market trend of creating bespoke homes for global elites.
Over 7,700 plots have been sold across Dubai in the first 100 days of 2025, showing strong interest in land development despite a tightening inventory.
What makes this sale significant?
The location at the tip of a frond, rare availability of undeveloped plots, and elite demand make this sale historic.
Who was the buyer?
The buyer was 25 Degrees, a luxury property developer focused on bespoke residences.
How is the market performing in 2025?
Palm Jumeirah prices have increased 18.92% YTD, despite a 14% drop in total transactions.
What does this mean for future investments?
As inventory tightens, land values and custom luxury home prices on the Palm are expected to appreciate further.
