Palm Jumeirah has added another feather to its top by being home to a standout amongst Dubai’s most costly private homes – a Dh130 million manor by LW Design Group.
Villa Aurum is the last unit in the M.State collection, which highlights five estates situated on the tip of Frond M on the Palm Jumeirah. Made to take into account the necessities of the perceiving first class, every home highlights five or six bedrooms, set more than three stories and complimented by rich private arranging and a sandy shoreline of at any rate 28 meters long, speaking to new state of luxury living. Villa Aurum is now presented for sale at Dh130 million on the market.
M.State has been made as a reaction to a particular hole in the Dubai super prime private market, satisfying a requirement for quality and stylish living that is completely special. Estate Aurum is the consequence of a dynamic collaboration between architects LW Design Group and interior designer, Finasi.
The house is a six-bedroom manor spreading over 1,342.50 square meters with an abundance of amenities, including a film, gym, spa and staff quarters and a generous expanse of white sandy beach for complete seclusion and exclusivity.
A framed sculptural tree sits at the core of the yard inside a reflection lake that gives an undulating water impact that fills within space. Designed to give 120-degree views for infinite light experience, the most commanding spot on the Frond is maximised at every opportunity but always with privacy in mind. Four bedrooms are positioned on the first floor, each with its own balcony.
The second floor contains the ace suite connecting to a different office, spa and individual sun terrace. A light-filled guest room can be found on the ground floor.
The BBQ, with its detached smokestack and a characteristic fire, is a social point of convergence of the home, enabling guests to be entertained whilst taking in the bright lights of Dubai.
Colin Doyle, partner of LW Design, said: “The LW team are extremely proud to be involved in the M State Villa project. The project is based on five villa design concepts with a building form that focuses on the infinity edge pools and spectacular surrounding views. The project stood as a great opportunity for us at LW and we are proud of producing architecture that raises the bar and with careful diligence, we have created buildings that feel like homes.”
While the Palm Jumeirah has frequently been home to a portion of Dubai’s most costly homes, different areas around the emirate have additionally been seeing a considerable amount of costly properties. A six-bedroom Mediterranean Style Mansion in Dubai Hills Estate accompanies a developed zone of 21,000 square feet and a sticker price of Dh120 million. Spreading over more than three stories, it offers perspectives on the green fairway and highlights an enormous temperature controlled pool.
Dubai Hills additionally includes another seven-bedroom villa for Dh98 million. With a built-up area of 26,693 square feet, it comes with a temperature controlled infinity pool and is centered around an 18-hole championship golf course..
Already, the Palm Jumeirah stood out as truly newsworthy for the sale of a Dh74 million five-room condo traversing 24,000 square feet, which is right now the most costly home sold in 2019.
Property Finder uncovered that the second most costly property sold in 2019 is an Emirates Hills six-bedroom villa spanning 17,800 square feet that fetched Dh64 million on the secondary market. This is trailed by a five-bedroom Garden Home estate on the Palm Jumeirah’s Fronds which sold on the optional market for Dh51 million.
In 2018, the most costly property sold was an Emirates Hills manor on the auxiliary market for a Dh90 million.
“As property prices decline, both in the secondary and off-plan markets coupled with motivated developers offering many different types of incentives, we are seeing more interest for luxury properties, especially from non-residents. In addition, we are also seeing an increase in enquiries for mortgages from non-residents,” says Lynnette Abad, director of Research and Data at Property Finder.
“Properties which were once considered overpriced have become more attractive as prices declined, therefore we are seeing enquiries increase in the more established, prominent and popular areas.”