Dubai sets new record with US$82mil Jumeirah sale

With its beautiful 18th century local architecture, Madinat Jumeirah is one of the city’s best places to indulge in hours of photo-taking.

DUBAI: A mansion built on Dubai’s Palm Jumeirah island has become the most expensive home to be sold in the Persian Gulf emirate, the latest real estate record as the city’s luxury property sales surge.

The villa, called Casa Del Sole, fetched 302.5 million dirhams (US$82.4mil or RM383mil)) when it was sold in July, according to its developer Alpago Properties.