Three Landmark Sales Propel Jumeirah Islands Villa Prices to New Luxury Benchmark

For more information or a free valuation of your property contact Jamal Tuzgani today.

Dubai, UAE - [Monday 2nd February 2026] Allsopp & Allsopp continues to lead Dubai’s luxury property market with a record breaking sale for a Master View villa in Jumeirah Islands not once, but three times in less than one year - a rare achievement that highlights both the firm’s dominance in the community and the extraordinary demand for upgraded luxury villas.

The first record was set in June 2025 by Jamal Tuzgani with a Master View villa sale of AED 46 million. That figure was then surpassed by a neighbouring property achieving AED 52 million, before the record was shattered again with a third sale at AED 65 million, all facilitated by Allsopp & Allsopp. The record-breaking AED 65 million transaction was led by Partner Jamal Tuzgani and Associate Director Roberto Pérez, who represented the seller while the buyer was represented by Benjamin Black, Sales Consultant at Allsopp & Allsopp.

All three properties were the same highly sought-after Master View villa type, regarded as the most prestigious layout in the community due to its prime lake-facing position and generous footprint. The AED 52 million and AED 65 million villas sit side by side, both benefiting from extended plots and structural expansions. These are key factors behind their price points as extension costs per square foot continue to rise across Dubai.

The AED 52 million villa was purchased as a renovation project by an end user intending to customise the property to their taste and style, while the AED 65 million home was delivered fully upgraded to an exceptional standard. Landscaping was completed by luxury contractor MDO Landscaping, with the full interior transformation carried out by New Revolution, reflecting the growing appetite for turnkey ultra-prime homes.

"The rapid rise in prices for Master View villas in Jumeirah Islands, from AED 46 million to AED 65 million in under a year highlights the intense demand for ultra-prime homes. Buyers are no longer just paying for location; they’re paying a premium for space, design, and turnkey luxury that reflects their lifestyle. With more high-net-worth individuals relocating to the UAE for its tax-efficient environment, and business opportunities the market is seeing significant competition for the very best properties. These back-to-back record transactions signal a clear market message: demand for luxury villas is intensifying, and buyers are willing to pay a premium", says Lewis Allsopp, Chairman at Allsopp & Allsopp.

This trend is being amplified by a broader supply imbalance in Dubai’s housing market. Of the 147,786 off-plan apartments launched in 2025, only 18,496 units were villas and townhouses, just 11% of total new supply. With the vast majority of new development focused on apartments, family villas in established communities are becoming increasingly scarce. That scarcity is translating directly into price acceleration.

As Dubai’s villa shortage persists and renovation standards rise, Allsopp & Allsopp’s triple record milestone positions the brokerage at the centre of the city’s ultra-prime evolution and highlights a market where exceptional homes are commanding exceptional prices.

For villa owners in Jumeirah Islands and other prime communities, these transactions send a clear signal about where the market is heading. Allsopp & Allsopp is not only achieving record prices, we are actively creating them through targeted buyer networks, specialist area knowledge, and access to high-net-worth clients operating both publicly and privately.

For more information contact Jamal Tuzgani today.

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About Allsopp & Allsopp Private Office

Allsopp & Allsopp Private Office is a dedicated division of Allsopp & Allsopp, a leading Dubai real estate agency with over 16 years of experience. The Private Office caters exclusively to HNWIs, UHNWIs, and family offices, offering comprehensive advisory services and access to the most exclusive off-market residential opportunities in Dubai.

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