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Source: innovateliving.ae
Published on 01/24/2025

Dubai’s AED 230M Allegra Villa Breaks Records on Palm Jumeirah

AED 230M Palm Jumeirah Villa Sold with 28154 Sq Ft and 9000 Sq Ft Basement

Innovate Living has sold the Allegra villa on Palm Jumeirah's G Frond for AED 230 million ($63 million), marking one of Dubai’s most significant real estate transactions.

The 28,154 sq. ft. property, completed in July 2022, combines Southern California’s relaxed elegance with the sophistication of a Manhattan penthouse. Designed with a neutral palette and luxurious furnishings, it embodies contemporary minimalism and understated luxury.

Key Features of Allegra Villa:

  • 23m infinity pool overlooking the Arabian Gulf

  • 9,000 sq. ft. basement with a private cinema, man cave, and Technogym fitness center

  • Direct beach access and a private executive office

  • Fully furnished interiors featuring Minotti, Poliform, and Paola Lenti designs

  • Crestron smart home technology

  • Show kitchen with professional-grade equipment and chef’s workspace

INNER (65)

Sold by Sotheby’s International Realty, the villa’s record-breaking sale highlights the strong demand for turnkey homes in Dubai’s prime locations. Honey Deylami, an Executive Partner at Sotheby’s, noted, “Allegra sets a new benchmark for quality and craftsmanship on Palm Jumeirah.”

With its unparalleled design, breathtaking sea views, and world-class amenities, Allegra represents the pinnacle of luxury living in Dubai.