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A Dhs10.5 million transaction at Madinat Jumeirah Living (MJL) has become the second-highest residential sale recorded in the community’s history, marking a new upper-end benchmark for one of Dubai’s most sought-after freehold addresses.
The four-bedroom residence was sold through CBA Real Estate at approximately Dhs3,821 per sq. ft., reinforcing the widening gap between ordinary stock and the strongest properties in prime Dubai locations.
The transaction was handled by Nadiia Tymoshenko of CBA Real Estate, whose recent activity includes more than 40 completed transactions within a matter of months as part of the brokerage’s residential team.
But CBA Real Estate CEO Salman Bin Ali believes the more important story is what the transaction says about the structure of Dubai’s increasingly sophisticated property market.
“The market is becoming less about how many listings you can show and more about whether you are connected to the right property at the right moment,” Bin Ali said. “Premium buyers do not need another search result. They need access, judgment and somebody who understands where the real value sits.”
That distinction is becoming increasingly visible in communities such as Madinat Jumeirah Living, where a limited number of exceptional properties can transact well above broader market averages.
CBA views the MJL transaction as evidence of something less visible than a record price: the ability to repeatedly convert opportunities into completed transactions across different parts of Dubai.
The company has increasingly focused on execution speed, specialist market knowledge and building teams capable of producing volume without sacrificing performance at the upper end of the market. Tymoshenko’s own activity — more than 40 completed transactions within a matter of months — is one example of that wider operating model.
“Anyone can have a good month or appear beside one large transaction,” said Salman Bin Ali, CEO of CBA Real Estate.
“What interests me is repeatability. Can the business keep producing? Can different people perform? Can you close at volume and still appear at the very top of a market? That is a much harder company to build.”
Bin Ali said the objective is to make exceptional performance less dependent on isolated circumstances.
“A brokerage becomes powerful when a major transaction stops feeling unusual internally. You congratulate the team, understand what worked, and then move on to the next one. That is the culture we are trying to create.”
Tymoshenko said the MJL transaction required discipline around pricing rather than chasing an easy agreement.
“The important part was recognising that this was not an average property and not allowing the negotiation to treat it like one,” she said. “The buyer understood the rarity of the opportunity, the seller understood the strength of the asset, and our role was to bring those expectations together in a transaction that made sense.”
Her recent deal volume also reflects CBA’s broader emphasis on productivity across its brokerage team, rather than building the company’s identity around individual agents.
The Dhs10.5 million sale comes as Madinat Jumeirah Living continues to establish itself as one of Jumeirah’s key premium residential communities, benefiting from limited freehold supply in the area and proximity to some of Dubai’s most recognisable destinations.
For Bin Ali, repeated high-value closings across different communities matter more than any single headline transaction.
“One big deal can be an event,” he said. “When your company keeps appearing at the upper end of different markets, that starts to tell you something about the platform behind it.”
With the latest MJL sale now ranking second-highest in the community’s history, CBA Real Estate adds another notable transaction to a growing series of high-value closings across Dubai’s prime residential market.
