Dubai’s top three high-end home neighborhoods combined for over AED1.1billion (about US$323 million) in home sales through the first six months of this year. As reported by Overseas Property Professional, new data from real estate analytics provider REIDIN found Palm Jumeirah, Dubai Marina / Jumeirah Beach Residence and Downtown Dubai were the top luxury property performers for the first half of 2015. Here’s how the transaction numbers broke down.
PALM JUMEIRAH
The pool, and view, of a $12.2 million home on Frond C in Palm Jumeirah. View full listing. GULF SOTHEBY'S INTERNATIONAL REALTY
Total Value of Transactions: AED499,069,960 (about US$135 million)
Transactions over AED5million (about US$1.3 million): 48 View Mansion Global’s Palm Jumeirah Listings
DUBAI MARINA / JUMEIRAH BEACH RESIDENCE
The view from a $1.1 million, three bedroom, three-and-a-half bathroom home in Dubai Marina. View full listing. GULF SOTHEBY'S INTERNATIONAL REALTY
Total Value of Transactions: AED348,751,656 (about US$95 million)
Transactions over AED5million: 40 View Mansion Global’s Dubai Marina / Jumeirah Beach Residence Listings
DOWNTOWN DUBAI
A rendering of the view from the Armani Residence, Burj Khalifa in Downtown Dubai. View full listing. GULF SOTHEBY'S INTERNATIONAL REALTY
Total Value of Transactions: AED341,856,415 (about US$93 million)
Transactions over AED5million: 46 View Mansion Global’s Downtown Dubai Listings[Overseas Property Professional]View full listing (pictured top)