Knight Frank, a leading global real estate consultancy, seals a record-breaking deal with the highest secondary sale and 3rd highest sale in the building, priced at AED 26,000,000 at the renowned residential tower, Address Beach Residences JBR.
Industry sources added that this record-breaking transaction, which involved a 4-bedroom unit, has set a new benchmark for a secondary sale in the building, with a price per square foot of AED 7,125, surpassing the previous record for a secondary sale, which was a 3-bedroom unit at AED 6,672 per square foot.
Knight Frank LLP is the leading independent global property consultancy. Headquartered in London, the Knight Frank network has 487 offices across 53 territories and more than 20,000 people The Group advises clients ranging from individual owners and buyers to major developers, investors, and corporate tenants. For further information about the Firm, please visit www.knightfrank.com.
In the MENA region, we have strategically positioned offices in key countries such as the United Arab Emirates, Saudi Arabia, Bahrain, Qatar, and Egypt. For the past 13 years, we have been offering integrated residential and commercial real estate services, including transactional support, consultancy, and management.
Understanding the unique intricacies of local markets is at the core of what we do, we blend this understanding with our global resources to provide you with tailored solutions that meet your specific needs. At Knight Frank, excellence, innovation, and a genuine focus on our clients drive everything we do. We are not just consultants; we are trusted partners in property ready to support you on your real estate journey, no matter the scale of your endeavor.
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