Abu Dhabi: The sale of a villa for over AED 200 million, which is more than 15 billion Pakistani rupees, in the city of Dubai in the United Arab Emirates is being considered the biggest real estate deal. According to Urdu News, Majid Al Futtaim Real Estate Company has purchased a high-end mansion on the island of Launaie in Dubai for AED 200 million. It is being considered the biggest real estate deal in the upscale residential complex in Dubai Center.
The designer of these houses is a South African engineering company called “Southern Engineering”. The company has won several awards.
There are 13 unique types of mansions on Launaie Island, each with its own beach. These mansions are built on a special island in the heart of the Laguna Krashtal Lake, covering an area of 1.5 million square meters. The world’s richest personalities are interested in these mansions.
Real estate business is booming in Dubai these days. During the year 2022, 88,029 deals worth AED 239.64 billion were made in Dubai, which is twice the profits made in 2021.
