Allsopp & Allsopp's Private Office has set a new benchmark in Dubai's off-plan property market, selling a seven-bedroom mansion on Lanai Island in Tilal Al Ghaf for AED 105 million. The transaction achieved AED 3,416 per square foot — approximately 15 percent above the average price for comparable units — and breaks the record for the most expensive villa sale ever recorded in the development.
Record-Breaking Sale in Tilal Al Ghaf
The property sits on Lanai Island, a resort-style lagoon living island within Tilal Al Ghaf that hosts a limited number of ultra-luxury estates. The homes were designed by award-winning South African architecture firm Saota, with interiors conceived by globally recognised designer Kelly Hoppen. The result is a collection of residences that blend indoor and outdoor living with the natural lagoon setting.
The deal was led by Fintan Flannelly, Head of Developer Sales at Allsopp & Allsopp, and Kane Wild, Associate Director. Lewis Allsopp, Chairman of the firm, commented on the milestone: "Tilal Al Ghaf is one of the most impressive and popular new luxury developments in Dubai, and we are delighted to have achieved this record-breaking sale."
Tilal Al Ghaf: Dubai's Fastest-Rising Luxury Address
Tilal Al Ghaf is Majid Al Futtaim's first residential development in Dubai. Despite being a relative newcomer to the city's luxury landscape, it has rapidly positioned itself alongside long-established premium communities including Emirates Hills, Palm Jumeirah, and Mohammed Bin Rashid City.
The AED 105 million sale is the highest off-plan villa transaction the development has seen, reflecting strong investor confidence in the project's long-term value. Dubai's luxury property market recorded 196 transactions exceeding $10 million in the first half of 2024 alone, underlining the depth of demand at the top end.
Allsopp & Allsopp Private Office: A Track Record in Premium Deals
The Private Office has established itself as a specialist in Dubai's super-prime segment. Prior notable transactions include a villa in Al Barari sold at AED 4,485 per square foot and a Jumeirah Islands property valued at AED 32.5 million — both indicative of the firm's reach across the city's most sought-after addresses.
The Tilal Al Ghaf record reinforces the development's standing as a credible ultra-luxury destination, and signals that off-plan pricing in emerging master-planned communities can now rival — and in some cases exceed — those of Dubai's most established neighbourhoods.
