Monday 16 December 2019
 
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PH Real Estate brokers largest Dubai villa sale deal

DUBAI, 27 days ago

Dubai-based PH Real Estate said it has brokered the largest villa sale within Emirates Hills, a luxury-gated community from Emaar Properties, early this month.

The 2,000-sq-m property, which was sold for Dh41.2 million ($11.2 million), represents the third highest real estate transaction in Dubai during the past six months, said the top broker.

Exclusively listed with PH Real Estate Brokers, the luxurious villa sits atop 3,237 sq m of expertly landscaped property. Purchased by an Indian business man, the villa’s new owner hails from Morocco, it stated.

Home to some of the most wealthy individuals in Dubai, Emirates Hills boasts private parks, tranquil walking paths and the world-class 18-hole Montgomerie Championship Golf Course, it added.

CEO Myles Bush said these kinds of high-end transactions show confidence in Dubai’s real estate market. "PH Real Estate is delighted to once again have solidified such a high-profile transaction," he stated.

“Selling villas valued at over $10 million right now is a wonderful indication of a market on the up!,” he added.

A major player in the UAE brokerage scene, PH Real Estate has a proven track record of successfully brokering some of the most prestigious real estate deals in Dubai since its inception in 2007.

Earlier this month, the company was presented the Top Quality Driven Agency award by the leading online property sales and rental platform Dubizzle.com.

The Dubai group offers leading, realty based, investment opportunities and unrivalled family homes to clients seeking incredible lifestyle experiences.-TradeArabia News Service




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