The XLV Residence: New $61M Dubai Villa
A boom in Dubai's prime residential market has led to prices rising about 60%.
The XLV Residence
XLV Residence, sugaring on the market for Dh225 million ($61.2m) as the emirate registers strong demand for prime projects amid a supply shortage in the segment.
Highlights
- Seven-bedroom house, within the luxury Emirates Hills community.
- Furnished and decorated in collaboration with luxurious brands:
1. Cavalli
2. Fendi
3. Gaggenau.
Construction
Architecture and design were done by a Dubai-based boutique studio called Qeblawi Brooks.
Development
Villa has been described as an entertainment palace that can host up to 300 people at a time.
High in Luxury
The most expensive project in Emirates Hills so far and is expected to surpass the selling price of a five-bedroom villa in the area that fetched Dh102.8m.
Expecting Units
31,000 units are to be delivered in the latter three quarters of the year.
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