11 Most Expensive Houses Sold in Dubai in 2024

Dubai is home to numerous ultra-luxury residences, ranging from breathtaking waterfront villas to upscale penthouses situated in the most prestigious neighborhoods. The lavish interiors, breathtaking views, and unparalleled amenities distinguish these opulent properties from the rest. Join us as we unveil the most expensive homes for sale in Dubai for the year 2024. Find out the premium location, exclusive features, and the sales price of these extravagant units, including mansions, villas, and penthouses.

List of the Most Expensive Homes in Dubai

1: Como Residences

The 5-bedroom penthouse in Como Residences was the most expensive property sold in the penthouse category. Sam Horani, an associate partner at Provident Estate, pulledd off the AED 500 million ($136M) deal. It was also the third most pricey penthouse in the world. The development highlights are a 360-degree sky pool and a private elevator.

2: Villa - Jumeirah Bay Island

In February 2024, a prestigious property on Jumeirah Bay Island was sold for a staggering AED 160 million ($43.5M). The covered area of the house spans 16,864 square feet, offering ample space for luxurious living. The resale of this home marks it as a sought-after investment opportunity in Dubai's dynamic real estate market.

Jumeirah Bay Island is a gated community home to several contemporary luxury villas. Connected through a 300-meter bridge, the island district offers excellent amenities to its residents, with breathtaking views of the glittering beach and Dubai skyline.

3: 5-Bed Mansion - Bulgari Resort and Residences

Bulgari Resort and Residences, a symbol of style and elegance, now boasts the most expensive property in Dubai. In March 2024, a lavish residence on Jumeirah Bay Island was sold with a hefty price tag. The proud ownership of the 5-bedroom ultra-luxurious Bulgari Resort and Residences mansion was transferred to its affluent owner for AED 155 million ($42.2M).

The project by Meraas Holding, Bulgari Resort & Residences Dubai is a multi-building complex on Jumeirah Bay Island in the Jumeirah area of Dubai. The residential offerings of the project include apartments and mansions epitomizing sophistication and exclusivity.

4: 8 Bedroom Villa - MBR City

In the prestigious District One of Mohammed Bin Rashid City, also known as the MBR City, a grand 8-bedroom villa was sold for AED 146 million ($39.7M). The deal for the luxurious residence, with spacious living areas and premium amenities, was closed on January 31st, 2024.

The community of MBR City offers upscale amenities, the most luxurious houses, and a strategic location within Dubai's urban landscape. The meticulously crafted mansions in Mohammed Bin Rashid Al Maktoum City’s District One provide residents with a blend of privacy and tranquillity while providing access to Dubai’s renowned attractions and landmarks.

5: Villa in Dubai Hills View

On March 27th, a villa boasting stunning views was sold for AED 145 million ($39.4M) in the exclusive Dubai Hills View, further underlining the allure of this upscale community. Hills View Residences, a master development by Emaar Properties, is nestled within the family-friendly community of Dubai Hills Estate, offering exquisite 7-bedroom villas. Each villa boasts a brilliant design and exceptional automation, enhancing the quality of everyday life for its residents.

6: 5-Bed Penthouse in Bulgari Light House

A 5-bedroom apartment within the Bulgari Light House on Jumeirah Bay Island fetched AED 140,450 ($38.2M) in its initial sale by developer Meraas on February 5th. One of the most expensive penthouses in Dubai to be sold in 2024 can be accessed via a private elevator. It encapsulates Italian contemporary aesthetics, reflecting the distinctive allure of the acclaimed architectural firm, Antonio Citterio Patricia Viel.

7: 6-Bed Sky Mansion in Casa Canal Interiors by Fendi Casa

Similarly, on March 14th, AHS Properties sold a 6-bedroom apartment in Casa Canal Interiors by Fendi Casa. The buyer paid a whopping AED 140 million ($38.1M) for the most expensive mansion in Dubai. Set along Dubai Water Canal, the waterfront residence comes with unmatched facilities like a dedicated concierge service, a cigar lounge, and a sushi omakase counter.

Residents also enjoy the convenience of a dedicated chauffeur service, a rejuvenating swim in the indoor pool, and unwinding in the pool lounge and residents' lounge, creating a sanctuary within their exclusive abode.

8: 5-Bedroom Home in Bulgari Light House

A luxury home in Bulgari Lighthouse has made it to the list of the most expensive penthouses in Dubai in 2024. The magnificent property is perched in the private island and features 4 and 5-bedroom penthouses and a 6-bedroom sky villa. All these properties are serviced by the adjacent Bulgari Resort, including private elevators, rooftop gardens, and infinity pools.

The 5-bedroom home in Bulgari Lighthouse was resold on Feb 15th, 2024, for AED 137,350 ($37.4M). This record-breaking deal signifies the enduring appeal of this prestigious development. The 28-storey building is located in the pristine community of Jumeirah Bay Island. 

9: 6-Bedroom Villa in Frond F, Palm Jumeirah

Moreover, a six-bedroom villa located on Frond F of Palm Jumeirah was also sold, making it to the list of the most expensive houses in Dubai in 2024. The transaction amounted to AED 128.45M ($34.9M) on January 16th, showcasing the enduring appeal of properties nestled along Palm Jumeirah's iconic shoreline.

Palm Jumeirah, an artificial archipelago in Dubai, is renowned for its luxurious lifestyle, pristine beaches, and unparalleled waterfront living. The Fronds, palm tree-shaped branches extending into the Arabian Gulf, boast some of the region's most exclusive and sought-after real estate. With breathtaking views, world-class amenities, and a prestigious address, Palm Jumeirah continues to attract discerning buyers and investors from around the globe.

10: Villa in Dubai Hills View

The initial sale of an opulent villa in Dubai Hills Estate occurred on February 23rd this year. One of the most expensive houses in Dubai in 2024 was purchased at AED 120M ($32.67M). This sought-after neighborhood offers residents breathtaking views of the surrounding landscape, including lush greenery, manicured parks, and the stunning Dubai skyline.

11: Villa in Tilal Al Ghaf

Lastly, a villa was resold in Tilal Al Ghaf's Lana Island on March 14th for AED 103,170 ($28.09M). Tilal Al Ghaf in Dubai, nestled around Lagoon Al Ghaf, is a luxurious community that offers resort-style living. The ultra-luxurious stand-alone villas in the enclave boast 6 or 7 bedrooms. Positioned along the serene Blue Lagoon, these villas by Majid Al Futtaim offer direct access to a captivating private beach and lush green spaces scattered throughout the community.

FAQs

What is the richest residential area in Dubai?

There are many opulent communities in the emirate that are home to the most affluent residents. The Emirates Hills neighborhood in Dubai is often considered one of the wealthiest residential areas in the city. It is an exclusive gated community known for its luxurious villas, lush landscaping, and stunning views of the Emirates Golf Club. Moreover, Jumeirah Bay Island, also known as the Billionaires Island draws the super-rich, thanks to its exclusive properties, yacht club, beach resort, and fine-dining options.

What are the top upcoming mega projects in Dubai?

There is always something new happening in Dubai, whether it's a new property launch or infrastructure modification. Some of the mega upcoming projects in Dubai include Dubai Creek Tower, Mercedes-Benz Places, and Franck Muller Aeternitas Tower. Similarly, Blue Metro Line, Flying Taxi, and Etihad Rail are some of the ongoing transportation projects in the UAE.

What are the top branded residences in Dubai?

Branded residences in Dubai have become a phenomenon, with a plethora of properties launched recently. Some of the top branded projects are Armani Beach Residences, Bugatti Residences, and Bulgari Lighthouse.