Regan David Faulkner and Ioana Armeanu close Villa Gaia at AED 280 million
Dubai Sotheby's directors placed the Jumeirah Bay Island beachfront, 21,884 square feet on a 24,002-square-foot plot, in Q2 2026.
Regan David Faulkner and Ioana Armeanu, directors at Dubai Sotheby's International Realty, brokered Villa Gaia. In Q2 2026 the beachfront on Jumeirah Bay Island closed at AED 280 million, about $76.2 million at the dirham's dollar peg.
The house is 21,884 square feet inside on a 24,002-square-foot plot: six bedrooms, a chef's kitchen and a back-of-house kitchen for fifty, a nine-car garage, staff quarters. The island sits against the Bulgari Resort, Yacht Club and Marina. Identity Design Awards 2025 recognized the residence; Harper's Bazaar Interiors and Architectural Digest Middle East published it.
George Azar, chairman and CEO of Sotheby's International Realty for the UAE, UK and KSA, said the close fits how buyers are taking trophy assets in Dubai now: private houses that work as long-term family estates. Faulkner and Armeanu were the directors on the deal. The firm put the story on its own journal. That is the clip.
Closed sale. $2M+ / equivalent in live markets only. Listing directors named as published. Buyer's agent not named. Photo: Dubai Sotheby's International Realty. Luxury Price Drops is not a brokerage.