Arada has sold a five-bedroom residence at Armani Beach Residences at Palm Jumeirah to Francis Ngannou, the Cameroonian former UFC heavyweight champion and professional boxer, for AED92.5 million.
The property spans 11,521 square feet and includes a private pool. It forms part of a collection of 57 individually designed homes at the development on Palm Jumeirah, which is designed by Japanese Pritzker Prize-winning architect Tadao Ando in partnership with Armani Group and Casa Interior Design Studio.
“This transaction speaks to the depth of conviction that global buyers have in Dubai’s property market – and specifically in what Armani Beach Residences at Palm Jumeirah represents. There is no comparable project anywhere in the world: Tadao Ando’s architectural vision, Armani’s design legacy, and Palm Jumeirah’s unmatched position combine to create something that serious buyers recognise immediately,” Ahmed Alkhoshaibi, Group CEO of Arada said in a statement.
Alkhoshaibi added that construction was progressing and that the development remained on course for completion in 2027.
Arada sells AED92.5 million residence to former UFC champion Francis Ngannou in Dubai
“When I visited the project and understood the vision behind Armani Beach Residences at Palm Jumeirah, I immediately saw how special it is. Dubai continues to attract people from all over the world because it combines ambition, stability and opportunity. Investing here felt like the right decision, and I believe strongly in the city’s future,” Francis Ngannou added.
Armani Beach Residences at Palm Jumeirah offers views of the Arabian Gulf and Dubai’s skyline. The development includes 90,000 square feet of amenities, with construction under way and completion targeted for 2027.
The buyer was represented by Majida Housni, chief executive of the global luxury concierge platform The Ledger Concierge and a luxury real estate adviser operating under eXp Realty. Housni’s client network includes entrepreneurs, athletes and high-net-worth individuals seeking properties in key global markets.
