Dubai’s Dh200M Island Villas: Global Elite Rush to Buy ‘Maldives in Dubai’ Properties”
Exclusive Amali Island development in Dubai sees 22 of 24 ultra-luxury villas sold to international millionaires and football star. Properties range from Dh50M to Dh200M.
By Vadim Kouznetsov, published
Amali Island, Dubai’s newest ultra-luxury development nicknamed ‘Maldives in Dubai’, reports exceptional sales with 22 out of 24 exclusive villas purchased by global millionaires and a prominent international footballer.
Record-Breaking Sales
Notable transactions include:
- Dh400 million mega-deal comprising three villas
- Main villa: Dh200 million
- Two adjacent villas: Dh100 million each
Property Portfolio
Current pricing structure:
- 12 villas: Dh50 million each
- 9 villas: Dh75 million each
- 2 villas: Dh100 million each
- 1 villa: Dh200 million (flagship property)
Available units: One Dh75 million villa and one Dh50 million villa remain
International Buyer Profile
Distinguished purchasers include:
- British investors
- Indian millionaires
- Pakistani business leaders
- Lebanese entrepreneurs
- Cypriot investors
- International football star (villa number matches jersey)
Project Vision
Amira Sajwani, COO and co-founder of Amali Properties, shares:
- Year-long search for perfect island location
- Unprecedented concept for Dubai
- Focus on exclusive luxury living
Market Analysis
Current market indicators:
- Post-pandemic surge in wealthy residents
- Rising luxury property demand
- Strong international investment appeal
- Sustained market growth potential
Dubai’s Competitive Edge
Key market advantages:
- 10-year Golden Visa programme
- Premium lifestyle offerings
- Global business hub status
- Strong safety credentials
- Strategic location benefits
Read our in-depth Article on how to obtain a Golden visa here.
Future Outlook
Market projections:
- Continued population growth
- Sustained luxury segment demand
- Supply shortage expectations
- Focus on quality developments
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Last Updated: 29 October 2024
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