Dubai: A Swiss family living in Monaco has bought the most-expensive villa to be sold on Dubai’s Palm Jumeirah, per square foot, for over $30 million.
Named ONE100 Palm, the 13,500 square foot property, which was placed on the market with real estate outfit Luxhabitat Sotheby’s International Realty in August last year with a $32.7m price tag, includes a wellness spa, start-of-the-art fitness centre, massive assorted candy wall, hydraulic pop-up cinema and three gourmet kitchens.
It even comes with a Ferrari 599 GTO and Rolls Royce Wraith in the luxury garage with a custom wall-to-wall LED screen as well as a fully-customised Ultra Glide Harley Davidson from the USA installed inside the living space.
"If you look at the villa, you see it contains every piece of luxury you could ever want,” Michael Adam Alibhai, who sold the magnificent property, told Arabian Business.
“I’m a perfectionist. I put my heart and soul into it. I spent all my own time, going there every morning and afternoon after being in my office, to check the status and to ensure that we achieved the quality. It’s spotless. No-one can come to the house and complain about one single thing,” he added.
Luxhabitat managing director Leigh Borg told Arabian Business that the One100 Palm villa is the most expensive residential transaction closed in Dubai this year, "showing us that the luxury property market is on an upward trend."