Homes That Made History: 5 Significant Sales From 2024

Every home has a story, but some weave a narrative. As we reflect on 2024, we celebrate the most extraordinary homes we sold during a banner year for the company—properties that not only captured imaginations but often rewrote real estate history with record-setting numbers. From seafront branded villas at the exclusive Six Senses Residences to custom-built masterpieces with hidden rooms and private menageries, these are the five most significant super-prime sales of 2024.

 

Villa Allegra, Palm Jumeirah – AED 230 million

A true contemporary landmark on Palm Jumeirah, Villa Allegra was one of the most significant sales of 2024. Its sheer scale stands to impress, spanning 28,154 sq. ft. on Frond G (‘Billionaire’s Row’). The villa’s architectural design speaks to sleek, contemporary minimalism, with its angular façade, clean lines, and a palette of brilliant white and stone grey. Though firmly rooted on Palm Jumeirah overlooking the Arabian Gulf, Villa Allegra would feel equally at home in the Hollywood Hills of Los Angeles—an intentional design nod by its developer, Innovate Living.

 

 

Throughout the home, warm wooden tones and Italian Orobico Grigio marble finishes play against glass walls with bold modern furnishings by Minotti and Giorgetti. A standout feature is the double-height living area, which features a full-wall bookshelf and glass panels that open to a private beach. A subtle sliding marble door reveals a hidden office, classically styled with dark wooden accents and a fireplace—a clever blend of utility and elegance.

 

 

However, the villa’s pièce de résistance is its 9,000 sq. ft. basement – a subterranean entertainment complex with its own private cinema, games room, and a one-of-a-kind menagerie for turtles and ducks with a habitat designed by Worldwide Zoo Consultants.

It took two years to complete the construction of Villa Allegra. Its name, meaning "happy" or “lively” in Italian, perfectly encapsulates the joyful, refined lifestyle it promises its new owners.

Listed at AED 230 million ($62 million), this incredible home was sold in November by  Dubai Sotheby’s International Realty Executive Partner, Honey Deylami.

 

An exquisite neoclassical mansion on the ‘Street of Dreams’ – AED 200 million

 

Tucked away in the leafy Dubai Hills Estate in Mohammed Bin Rashid City is one of the most exclusive addresses in the city: Hills Grove. With just 26 generously sized plots overlooking the lush golfing green and city skyline, Hills Grove is often termed the ‘Street of Dreams’, prized for both the scarcity and quality of its super-prime real estate. 

This November, Dubai Sotheby’s International Realty proudly sold one of the most dazzling homes in this exclusive cul-de-sac: a captivating 9-bedroom neoclassical mansion spanning a colossal 37,700 sq. ft. Led by Senior Global Property Consultant Renit Shah and Associate Director David Kodama, this stunning home represents the height of contemporary design, with fully-furnished monochrome interiors and a pristine Santorini-white façade. Outside, a dramatic boomerang-shaped pool completes the home, set in rich landscaped gardens with spectacular views of the Burj Khalifa and Downtown Skyline. 

Sold for AED 200 million, it set a new record for the most expensive home transacted in Hills Grove, surpassing the previous record of AED 145 million, also set by Dubai Sotheby’s International Realty. 


80,000 square feet of Emirates Hills excellence – AED 147 million

Palatial is precisely the word to describe this incredible 19-bedroom villa in the coveted neighbourhood of Emirates Hills. Sold in March by Associate Director Timothy Ogunniyi and Executive Partner Leigh Borg, this AED 148 million estate spans a sprawling 80,000 sq. ft. double plot, making it the largest home in the community and the third most expensive villa sold in Dubai that year.

 

Inside, classical Arabic design features reign across all three floors, with ornate metalwork, rich mahogany doors, and grand lighting fixtures. With multiple living areas, three kitchens, a snooker room, a private gym, and a sauna, this home is a private resort unto itself, just moments from the award-winning Emirates Golf Course. Outside, a private pool, shaded al fresco dining areas, and lush courtyards bring the beauty of the outdoors into the heart of this exceptional residence.

 

The most expensive villa in Abu Dhabi – AED 130 million 

In September, Dubai Sotheby’s International Realty made headlines after selling an incredible AED 130 million mansion on Saadiyat Island. The home, which overlooks Abu Dhabi’s stunning natural mangroves, marked the most expensive ready villa ever sold in the capital. This landmark transaction was spearheaded by Senior Global Property Consultant Olga Balashova, who represented the seller.

“Abu Dhabi is quickly emerging as a world-class destination, and this record-breaking sale is a testament to the incredible potential of the capital's luxury real estate market,” George Azar, Chairman and CEO of Dubai Sotheby’s International Realty, told various media. “The demand for ultra-luxury homes here is growing, fuelled by the city’s ongoing transformation in art, architecture, dining, entertainment, and a stable economy”. 

 

A private resort in the Six Senses Residences  – AED 130 million

 

In many ways, 2024 was the year of branded residences, with transaction volumes surging by 44% in the first half of the year alone. Key developments driving this growth include Baccarat Residences Downtown, Four Seasons DIFC, and Eden House, but one sale that stood out was an exceptional AED 130 million beachfront villa in the Six Senses Palm Jumeirah. Sold by Associate Director Lana Gorbach, this off-plan villa features a private beach, incredible interiors, and access to the renowned Six Senses Resort. As one of the highest-value branded residence sales of 2024, this remarkable home reflects another highlight for Dubai Sotheby’s International Realty.

 

2025: What can we expect in the market this year?

2024 propelled the market to new heights, with growth surging nearly 30% from last year.  From palatial 80,000 sq. ft. estate sales in Emirates Hills to stunning beachfront branded villas, Dubai Sotheby’s International Realty cemented itself as a trusted leader in the super-prime segment, closing the year with incredible momentum. Today, as we step into 2025, many are asking how the market will evolve—where the greatest opportunities lie and which coveted addresses will dominate the headlines.

To gain deeper insights into the trends and opportunities shaping Dubai’s super-prime real estate market in 2025, read here.