A massive new villa in Dubai’s Emirate Hills community—complete with a double-decker swimming pool—has hit the market for AED 349 million (US$95 million).
With more than 40,000 square feet, the residence is a megamansion by anyone’s definition. No surprise: It’s replete with amenities, as well as a suite of green features and views of the surrounding golf course and city skyline, according to the listing with Leigh Borg, an executive partner at Luxhabitat Sotheby’s International Realty.
“This Emirates Hills villa is truly one-of-a-kind, in the sense that every corner of it has been thoughtfully conceptualized and developed for the perfect family home that took several years in the making,” he said in an email.
That includes the four-level home’s large energy consumption.
“The designer and the owners worked with specialist suppliers to utilize photovoltaics [or solar cells] within the external cladding systems, creating not only a dynamic and ever-changing aesthetic, but generating a lot of solar energy that can be offset,” Mr. Borg said. “With its solar-power capabilities, the new owners can expect to save up to 60% or more on electricity bills.”
The contemporary villa, designed by XBD Interiors, offers floor-to-ceiling windows, several large reception rooms and a kitchen “kitted out with top-of-the-line Poggenpohl,” the agent added, referring to the German brand. The turnkey residence has furniture from brands such as Minotti, B&B Italia, Roche Bobois, Poliform, Kartell and Cattelan.
On the main floor, a nearly 38-foot suspended glass bridge connects a balcony to the pavilion and swimming pool, which has an upper level that’s cantilevered over another pool beneath it. The outdoor area also boasts a pool pavilion, outdoor showers, an al fresco kitchen and dining area, and a stepped garden.
Other amenities include 10 bedroom suites, steam and sauna baths, a recreation room with a pool table, a cinema, a library and kid’s playroom, according to Mr. Borg.
“On the first floor, you even have a music room which is soundproofed, and upstairs there is a spectacular gym, offering beautiful views of the green,” he said.
Dubai’s residential market remains strong, even as some global markets are losing steam.
“The current forecast for Dubai’s residential market is highly optimistic, with frequent transactions exceeding AED 100 million per quarter since last year,” Mr. Borg said. “This trend is expected to continue this year, with a potential increase in ticket prices. Overseas investors, particularly European nationals seeking secondary homes, are the primary source of demand, motivated by the robust rental market. Looking ahead, 2023 is projected to bring market normalization, limited supply and more stable prices.”