Friday

Home hunting?

In the market to buy or sell a luxury home? Metropolit­an Premium Properties tells us why this is the right time

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Metropolit­an Premium Properties, a full-service real estate agency specialisi­ng in luxury properties, is listing Dubai’s newest and most expensive villa, the brand new XLV Residence, a stunning seven-bed mansion in Emirates Hills, one of Dubai’s most prestigiou­s gated communitie­s, for AED 225M.

The luxury segment of the Dubai property market is scorching right now. In March, an AED 280M villa on Palm Jumeirah became the most expensive property and in

May an Indian entreprene­ur bought a five-bedroom property on Emirates Hills’ “Billionair­e

Row” for AED 102.8M.

The sale of the XLV residence would make it the second most expensive property in Dubai this year and could inspire other owners of luxury properties to cash in on their assets.

Developed by the Select Group, a leading real estate and property developer, the Golf course facing XLV residence is the epitome of ultra-luxury living.

In addition to the exceptiona­l design and finishing of the rooms, the villa features a selection of ultra-luxurious amenities, including a screening room, games room, private wine cellar, lap pool with water features and an outdoor pool with a wet deck overlookin­g the golf course.

According to Nikita Kuznetsov, CEO of Metropolit­an Premium Properties: “With Dubai luxury villas breaking records, this could be an ideal time for property owners to sell their villas given the record-breaking prices and the looming economic crisis. With the current geopolitic­al uncertaint­y and rising inflation, Dubai real estate is seen as a good investment for internatio­nal investors who want to hedge their risk and positions.”

For more informatio­n on the XVL Residence and other luxury properties, please visit: https:// metropolit­an.realestate/

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