Home Local News Dubai’s Most Expensive Penthouse Sells For A Record-breaking AED420 Million
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Dubai’s Most Expensive Penthouse Sells For A Record-breaking AED420 Million

Dubai and luxury go hand in hand. Offering the best of hotels, restaurants, residential properties, resorts, brands and experiences, Dubai never fails to impress us with all the charm and luxury it has to offer. And now, to add more to its glory, the emirate has set a record again, this time in the real estate domain. Luxhabitat Sotheby International Realty has managed to sell an ultra-luxury penthouse for AED420million, with per square foot price coming to AED17,000, making it the most expensive apartment sold in Dubai till date. It has overtaken the record set by Bulgari Lighthouse unit for AED410 million; read on for all the deets.

Also Read: Is Super-Luxury Resort Anantara The Palm Dubai Up For Sale? Here’s What We Know

The penthouse is at the under-development Marsa Al Arab Hotel and spans 24,628 square feet. Taieser Al Saati, Executive Partner at Luxhabitat Sotheby’s International Realty, cracked this deal, making it the most expensive sale in Dubai till date. The living space of the penthouse has 17,000 square feet of outdoor area and offers a private pool with 360-degree ocean views of Dubai and the iconic Burj Al Arab Jumeirah.

Worth AED420 Million, The Penthouse Spans 24,628 Square Feet

The price of the penthouse is insane, and at present, the buyer details are unknow. However, we are sure with price that hefty- the penthouse is worth every penny spent. It has a dedicated entrance lobby, two private lifts, residents get an exclusive entry and enjoy other unparalleled luxury experiences.

Marsa Al Arab, the superyacht-inspired futuristic hotel will feature 386 rooms and suites, four penthouses and 83 luxury hotel apartment suites with abundant private gardens. Guests and residents can expect stunning glittering waters, captivating green terraces and gardens, private cabana areas, pavilions and more. To ensure you soak in all the luxury, it will also offer an array of pools, spas and wellness facilities, along with more than 10-restaurants and bars. The restaurants are designed and curated by internationally acclaimed restaurant designers.

Also Read: Luxury Hotel In Dubai Announces Massive 72-Hour Summer Sale; 30% Off On Rooms

Marsa Al Arab Hotel Once Ready Will Change The Game Of Luxury In Dubai With Its Offerings

Once ready, it will cater to all your needs and will definitely give you otherwordly feels. Speaking about this achievement in the real estate industry, George Azar, CEO of Sotheby’s International Realty in the UAE, said that they are immensely proud of this record-breaking achievement and this sale not only highlights the desirability of property in Dubai but also cements the trust and confidence their clients place in them and they are excited to be at the forefront of this dynamic market.

Well, we cannot wait and see everything Marsa Al Arab Hotel has to offer once it opens. And do you think there will be a bigger sale than this in Dubai soon? Let us know in the comments.

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