A Dubai real estate agent has set a new record with the sale of an off-plan villa in Jumeira Bay Island for AED125m ($34M). The exclusive deal, closed by Penthouse.ae, marks the largest off-plan villa transaction of the year and the biggest in the history of Metropolitan Group.

After a four-month process, Antonio Caviglia, of Penthouse.ae, secured the sale to a wealthy European buyer. The 15,000 sq. ft., five-bedroom villa in the Sea Mirror community is set to be handed over in early 2026. The buyer, purchasing their first property in the UAE, plans to use it as a family home and office.

Marcus Andersson, Director of Sales at Penthouse.ae, said, “This record-breaking sale underscores Dubai’s status as a global leader in luxury real estate. The city’s strategic vision and world-class lifestyle continue to attract discerning international investors.”

Luxury Living at Sea Mirror

Sea Mirror, located on Jumeira Bay Island, boasts 18 private homes designed by renowned architects Jacobsen Arquitetura and Studio MK27, with interiors by Patricia Urquiola. The villas offer spacious indoor-outdoor living and are complemented by amenities from the Bulgari Resort and Yacht Club.

Caviglia added, “Understanding our client’s needs was key to this sale. The Sea Mirror villa offered the perfect blend of space, functionality, and prestige they were seeking.”

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