A luxury Dubai penthouse is on the market for AED600m ($163m), complete with cryogenic room, basketball court and a teppanyaki kitchen.
The largest penthouse in the city is located in Raffles The Palm Dubai and is offered for sale by the Emerald Palace Group (EPG).
The Super Penthouse R1, comprises the top three levels and rooftop of the prestigious Raffles The Palm Dubai Residences.
Raffles The Palm Dubai Penthouse on sale
The ultra-luxury super-penthouse in Palm Jumeirah is designed in collaboration with Yodezeen, the world-renowned design company, and spans over a total built up area of 77,707sq ft.
The largest private residence in Dubai’s real estate history, features with eight bedrooms, a 20-person dining table, and a bar.
The handover term for the penthouse is expected to be 15 months from the date of booking.
Seran Gheorghe, Vice President of EPG and Director of Sales for Raffles The Palm Dubai Residences, said: “Our super-penthouse is an embodiment of architectural grandeur and exclusivity. Transcending the ordinary, this remarkable penthouse seeks to provide an exceptional lifestyle that seamlessly combines elegance, convenience, and practicality.
“Our listing of this exceptional super-penthouse holds special significance, considering Dubai’s recent central positioning in the global real estate market and a growing demand for luxury properties by numerous ultra-high-net-worth individuals.
“We firmly believe that the sale of this lavish residence would mark another significant milestone in the history of Dubai real estate, and we look forward to further contributing to the sector’s growth.”
The Super Penthouse R1 features a private elevator that opens directly to the Grand Saloon located on the first level.
The space also includes a large dining room featuring a Teppanyaki Kitchen. Additionally, it also entails a vast sitting area with direct access to the central terrace perfectly appointed for entertaining hundreds of guests views across Palm Jumeirah.
Additional amenities of the penthouse include:
- Gym, spa and wellness area
- Cryogenic room
- Hay relaxation room
- Outdoor swimming pool
- Bar and barbecue area
- Minigolf
- Meditation garden
- Indoor/outdoor cinema lounge
- Basketball court
- 10 parking lots
- Cigar lounge with 360-degree views of the Arabian Gulf and Dubai skyline
According to Emerald Palace Group, numerous reports state that the price growth for luxury residential properties in Dubai will experience a significant surge in the upcoming years, positioning the Emirate as a leading global real estate market.
The property prices are expected to rise by 5 per cent in prime markets in the city, including the Palm Jumeirah, while the prices are forecast to grow by 3.5 per cent in non-prime markets.
Follow us on
