Want to be notified with newest real estate news and property launches? The sale of an AED 148 million villa in Emirates Hills has set a new record for a real estate deal in Dubai. The 19-bedroom estate offered for the fourth-highest price ever for an Emirates Hills home. Home sales dropped 4% in October to a new 13-year low, with a restricted number of houses available on the market and median costs about $391,000.

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Jones Lang LaSalle Real Estate Services can also be dealing with the sale of …