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Dubai sees Al Barari mansion sold for AED 42M (USD 11.4M)

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A super-luxury mansion in Al Barari, Dubai has just been sold for approximately AED 42M (USD 11.4M). Developed by Farah Realty, the villa was sold fully-furnished, with 6 bedrooms, 7 bathrooms, bespoke crystal chandeliers, luxury brand flooring and furnishing, impeccable attention to detail and a home automation system by KNX. It also has a sprawling floor plan of more than 11,600 sq. ft.

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This villa was actually Farah Realty’s first completed UAE project, and the firm has plans to keep this momentum going with other homes in the works in the UAE. The company is known for its luxury residential real estate in Dubai.

As for the neighbourhood of Al Barari, it is now considered a prime destination for international buyers and HNWIs thanks to its incredible value for money, idyllic family community and spectacular environment surrounded by lush greenery and lakes. According to the Dubai Land Department, Al Barari is on its way to positioning itself at the top of the super-prime neighbourhood list. Other top competitors include Jumeirah Bay, Emirates Hills and Palm Jumeirah. This is due to a massive 168% quarter-on-quarter growth, based on statistics from Q2 2023.

This transaction confirms that homebuyers are looking for high-quality, well-designed villas in amenity-rich communities. It is also testament to the fact that both local and international buyer demand for luxury villas in Dubai isn’t slowing down.