B1 Properties Seals Landmark Palm Jumeirah Signature Plot Deal

Premier brokerage house B1 Properties has further cemented its position in the luxury property sector of Dubai by closing the successful sale of a signature plot in Palm Jumeirah for AED 88 million, or $24 million, which is the highest-priced transaction per sq ft thus far in 2025, with the plot measuring 13,579 sq ft.

Facilitating a deal that represented a property transaction between a buyer and a seller, B1 Properties was able to finish executing the deal in a week from date of inception to completion, thus evidencing their expertise in the Dubai exclusive residential area in question.

Key Highlighs

• B1 Properties sells Palm Jumeirah plot for AED 88M.
• Deal marks highest price-per-sq-ft in 2025.
• Transaction completed in just one week.

There is also been strong demand for plots at Palm Jumeirah in the year 2025, led by people with high net worth who are keen to take advantage of the opportunity to develop villas that suit their lifestyles. There is also been competition at this level.

Babak Jafari, the CEO and Founder of B1 Properties, stated “There is an ever-strong demand for high-quality plots on Palm Jumeirah. Decisive buyers are already poised to reap the rewards that exclusivity has to offer.” It is reported that clients are already embarking on the construction of plots they recently acquired.

Also Read: Agami Sapphire Boisar Bags Best Residential Project Award

With the close of the year 2025 in sight, the historical sale represents a significant year for B1 Properties, further establishing the company as a trustworthy advisor in the luxurious Dubai property market. B1 Properties also remains an essential guiding force for investors seeking entry into the Palm Jumeirah luxury property market.