B1 Properties has expanded its portfolio by signing an exclusive partnership with real estate developer Alpago Properties.
According to a press release, since launching in 2021, real estate brokerage B1 Properties has registered sales figures of over AED700mn. The Villa Riva del Lusso, one of the most expensive Signature Villas on the Palm Jumeirah is now part of B1 Properties’ portfolio.
Frond G, known as the ‘Billionaires Row on Palm Jumeirah’, holds some of the most expensive and prestigious projects in the UAE. The latest such property to come up for sale on Billionaires Row is Villa Riva del Lusso. Valued at AED146mn (US$40mn), the villa‘s exterior design was done by SAOTA, CK Architecture, and its interiors by award-winning designer Massimo Castagna. Villa Riva del Lusso has been exclusively listed with B1 Properties by developer Alpago Properties.
“To have a plot of land on Palm Jumeirah Frond G is like having a diamond. There are a number of affluent investors looking for luxurious properties that are one-of-a-kind, in terms of construction, architecture, and finishings. These are the kind of properties that we list at B1 Properties, and given that we are the exclusive brokerage for Alpago Properties, we have an incredible variety of exceptional properties in the portfolio. As more properties get built in-land, being surrounded by crystal clear water will become even more valuable,” said Babak Jafari, Founder of B1 Properties.
The Villa Riva del Lusso property has an enclosed area of over 13,000sq ft and consists of four floors. The most unique floor is the underwater car vault, specifically crafted for automobile enthusiasts. It has been built 3.5m under the water and can safely hold up to 10 vehicles in a temperature-controlled environment, the release added.
B1 Properties ties up with Alpago Properties
Located on Frond G, the US$40mn villa by Alpago Properties features a one-of-a-kind underwater 10-car vault.