Rising Demand: Dubai’s Waterfront Locations Witness Unprecedented Surge in Property Transactions
Dubai’s real estate market continues its upward trajectory with a remarkable sale of a penthouse on Bluewaters Island, fetching a staggering Dh80 million. Boasting an impressive area of 9,252 square feet, this luxurious four-bedroom unit was successfully sold by B1 Properties. Bluewaters Island, along with Madinat Jumeirah Living, has emerged as a highly coveted waterfront destination, rivaling the popularity of Palm Jumeirah and Jumeira Bay islands.
The increasing per-square-foot prices on Bluewaters Island are a clear reflection of the surging demand for this exceptional location. B1 Properties, having established itself just a year ago, has played a pivotal role in securing successful deals amounting to Dh1 billion.
Amidst the thriving market, other notable locations such as Lanai Island in Tilal Al Ghaf and Dubai Hills have also witnessed consistent high-value transactions. Taking advantage of this flourishing market, B1 Properties presents another penthouse for sale on Bluewaters Island, featuring a price tag of Dh78 million.