Metropolitan Premium Properties also has some exciting news to share, as the company closed the largest residential plot deal this year (2022) so far, in partnership with Mallorca Properties. The 3 prime plots, spanning across a built-up area of more than 1.7 million sq. ft in Dubai Marina, were sold for a thumping AED 690M (USD 187.8M). This deal beat the record of a 600M (USD 163M) villa sold in Palm Jumeirah, purchased by Mukesh Ambani. The plots were acquired by a Dubai-based real estate developer, who is planning to use them for the construction of ultra-luxury apartments and penthouses.