Luxhabitat Sotheby’s International Realty, a UAE-based luxury property expert, has announced the appointment of Leigh Borg as its Executive Partner. A specialist in mansions sales in Emirates Hills and Dubai Hills neighbourhoods, Borg brings to his role more than 12 years of experience. 

 

Both prime locations in the city for UHNWIs, Emirates Hills and Dubai Hills are seeing record high prices of the properties due to more demand and limited availability, said the company in a statement.

 

Since joining Luxhabitat Sotheby’s International Realty in 2017, Borg has completed more than 40 high-value sales in the luxury market totaling AED1.7 billion, it stated. 

 

Borg holds the impressive record of selling the highest number of villas within Emirates Hills with over 80 transactions completed in the neighborhood since 2009, said the company in a statement. 

 

This year alone, Borg has completed 10 transactions worth AED458 million in Emirates Hills, including a transaction worth AED65 million for and another worth AED90 million villa. Other achievements include the resale of a 30,000 sq ft uber-luxury villa for AED 75 million, it added. 

 

In Q3 2022, Emirates Hills performed especially well, seeing over 200% growth in sales volume to reach AED867 million. A favorite location for family living, the number of villas sold in the secondary luxury segment also grew significantly, increasing 60% QoQ.

 

Further to Emirates Hills and Dubai Hills, the property expert specializes in prime residential areas such as Palm Jumeirah, Al Barari, Jumeirah Islands, Jumeirah Golf Estates, Meadows, Lakes and Arabian Ranches.-TradeArabia News Service