Dubai’s luxury property sector has witnessed a landmark transaction as B1 Properties brokered the sale of a premium signature plot on Palm Jumeirah for Dh88 million (approximately $24 million). The 13,579-square-foot plot achieved the highest price per square foot recorded on the artificial archipelago in 2025, signaling robust investor confidence in Dubai’s high-end real estate market.
The transaction, representing both buyer and seller, was remarkably completed within just one week from initial engagement to final transfer. This expedited process demonstrates both the market’s dynamism and B1 Properties’ operational efficiency in handling premium real estate deals.
Market analysis indicates surging demand for Palm Jumeirah plots throughout 2025, driven by discerning investors and homeowners seeking rare opportunities to develop custom luxury villas tailored to their personal vision and lifestyle preferences. This transaction exemplifies the intense competition for premium development land in one of Dubai’s most exclusive residential destinations.
Babak Jafari, CEO and Founder of B1 Properties, commented on the market dynamics: ‘The appetite for premium plots on Palm Jumeirah remains insatiable. Clients who act decisively to secure these rare parcels are well positioned to benefit from long-term exclusivity and strong capital appreciation.’
The sale reinforces B1 Properties’ position as a leading authority in Dubai’s luxury real estate sector, with the company noting that several clients are already progressing with construction on newly acquired plots. This indicates a market characterized by immediate action and strategic investment timing rather than speculative holding.
As 2025 concludes, this transaction sets new benchmarks across Dubai’s most coveted luxury locations, highlighting the continued attractiveness of signature properties for high-net-worth individuals seeking both lifestyle investments and capital growth opportunities in the emirate’s premium real estate market.