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Two luxury residential units in Jumeirah 2 sold for Dhs112 million

Source
Gulf Today - Business
Source link
https://www.gulftoday.ae/business/2026/08/11/two-luxury-residential-units-in-jumeirah-2-sold-for-dhs112-million
Published
2026-08-11 14:22:00
Discovered by ProcIntel
2026-08-11 14:29:01
Category
GCC Spotlight
Geography
UAE
Organisations
Review status
Pending
Record type
REAL

Summary

Dubai’s real estate market saw the sale of two luxury residential units in Jumeirah 2 for a total of Dhs112.3 million at the start of trading on Tuesday.According to Dubai REST app, the two units are located within the Aman Residences Dubai project, spanning 7,651 square feet, with an average price of Dhs29,300 per square foot.One of the apartments, a two-bedroom unit, was sold for Dhs57.6 million, while the second, also a two-bedroom unit, was sold for Dhs55 million.As of midday Tuesday, total sales reached Dhs519 million across 265 transactions, while mortgages amounted to Dhs111.4 million in 41 deals and gifts totaled Dhs6 million from three transactions.

Procurement Relevance Gate

FAIL — score 7.0/100 — evaluated 2026-08-11 14:29:01
Only geographic exposure matched — no substantive content indicator, so this cannot pass alone.
  • geographic_exposure (weight 8) — matched on "1 linked geography"

Initial Signal Assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.

A provisional, automatically-computed reading of this individual Signal, before Event extraction or human review. Not a final rating.

Not Assessed — this Signal did not pass the Procurement Relevance Gate, or is fictional/excluded test data.