05.02.2026

Luxury Dubai penthouse at new JBR development sells for $20.4m

An AED75 million ($20.4m) penthouse has been sold at the FIVE LUXE development, which is currently under construction in Dubai’s Jumeirah Beach Residence (JBR).

Arabian Business reports on the sale of one of Dubai’s highest-value residential transactions, with a luxury penthouse at the FIVE LUXE development in Jumeirah Beach Residence sold for AED 75 million ($20.4m). The article details the three-bedroom duplex penthouse featuring a private swimming pool and achieving a price of over AED 5,000 per sq ft at launch. The transaction was facilitated by Mira Real Estate, with commentary from CEO and partner Tamara Getigezheva, highlighting the continued demand for ultra-prime, branded lifestyle properties in Dubai’s beachfront locations.

Source: Arabian Business

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Luxury Dubai penthouse at new JBR development sells for $20.4m

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