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Dubai sets new record with sale of Palm Jumeirah Mansion for $82 million

A mansion built on Dubai’s Palm Jumeirah island has become the most expensive home to be sold in

the Persian Gulf emirate, the latest real-estate record as the city’s luxury property sales surge.

 

The villa, called Casa Del Sole, fetched 302.5 million dirhams ($82.4 million) when it was sold in July, according to its developer Alpago Properties. The firm declined to name the buyer, citing privacy concerns. The mansion was bought without a mortgage, according to partially redacted title deed seen by Bloomberg.

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