Award-winning real estate brokers PH Real Estate today announced that it has brokered the largest villa sale in Emirates Hills in the past six months.
The property, which sold for AED 41,195,000 earlier this month, represents the third highest real estate transaction in Dubai over the same time period.
Exclusively listed with PH Real Estate Brokers, the luxurious villa is over 2,000 square metres and sits atop 3,237 square metres of expertly landscaped property. Purchased by an Indian business man, the villa’s new owner hails from Morocco.
Myles Bush, CEO of PH Real Estate feels that these kinds of high-end transactions show confidence in Dubai’s real estate market. “PH Real Estate are delighted to once again have solidified such a high-profile transaction,” he said.
“Selling villas valued at over USD 10 million right now is a wonderful indication of a market on the up!”
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 firm was awarded Dubizzle’s Top Quality Driven Agency award by leading online property sales and rental platform Dubizzle.com.
Emirates Hills, a luxury gated community developed by Emaar Properties, is a hot spot for Dubai’s most elite residents.
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.
Source: The Shakespeare Agency