BUYERS HIT DUBAI’S BEACHFRONT FOR A TOUCH OF LUXURY LIVING
PROPERTY FOR SALE IN DUBAI, UAE Dubai: The action is heating up all across Dubai’s beachfront locations. Not just from those wanting to catch a bit of sun, but investors who feel the combination of a property by the water anywhere in Dubai is the right way to stay ahead of market circumstances. The latest numbers for freehold transactions in Dubai bear this out — a Bulgari home on Jumeira Bay fetched Dh60 million to be the priciest deal in the first three months. In fact, all of the Top 5 deals involved a property by the water, including a unit at the under-construction 1/JBR, which went for Dh12.97 million, according to data from the brokerage firm Luxhabitat. “We have seen continuously increasing interest in 1/JBR as our overall market share has increased significantly in the past six months,” said Marwan Al Kindi , Executive Director of Sales and Sales Operations, Dubai Properties, the developer. “It is taking shape on one of the final plots in Jumeirah Beach Residenc...