Dubai: Villa on the Palm Jumeirah sold for Dh130m – News | News Bharat

This villa is one of the few in the area with a bespoke basement car park, which can accommodate six cars

Published: Tuesday, November 29, 2022, 1:34 p.m

Another property on Dubai’s so-called Billionaire’s Row has fetched millions of dirhams.

Alpago Properties announced that its flagship villa, Riva Del Lusso, cost Dh130 million.

Popularly known as Billionaires Row, Frond G of the Palm Jumerah is home to some of the most expensive villas sold in Dubai. On October 3, a signature villa developed by Alpago Properties became the most expensive to sell in Dubai after it fetched Dh302.5 million, beating the previous record of Dh280 million .

Riva Del Lusso is a 10,000 square meter beachfront signature villa that has five bedrooms, seven bathrooms, private beach access, a private pool and private basement parking. It offers views of Atlantis and Royal Atlantis and the Arabian Gulf.

This villa is one of the few on Palm Jumeirah with a bespoke basement car park, which can accommodate six cars. It ended in June of this year.

Murat Ayyildiz, Chairman of the Alpago Group, said: “The sale of Riva Del Lusso is another massive milestone in our journey to become the go-to company for high-end real estate in the UAE, after from the sale of the dual signature villa for Dh302.5 million this year… We always aim to launch and offer stylish residential properties with world-class amenities, specially designed to suit the impeccable Dubai lifestyle , and Riva Del Lusso fits that mold perfectly.

According to experts, the Middle Eastern Billionaire’s Row in Dubai offers much better value for money than its namesakes in London and New York. Frond G has more designer villas than all of Palm Jumeirah combined.


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