Page 129 - Emerald Palace Group - JANUARY 2024

1/4/24, 4:48 PM Largest penthouse in Dubai goes on sale for $163m

Largest penthouse in Dubai goes on sale for $163m

DUBAI

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Emerald Palace Group (EPG) has announced that its Super Penthouse R1, believed to be the largest penthouse in Dubai, is up for
sale at AED600 million ($163.36 million).

Comprising the top three levels and rooftop of the prestigious Raffles The Palm Dubai Residences, this ultra-luxury super-
penthouse in Palm Jumeirah is designed in collaboration with Yodezeen, the world-renowned design company.

It spans over a total built up area of 77,707 sq ft, setting a new benchmark for the largest private residence in Dubai’s real estate
history. This plush penthouse is set to redefine the pinnacle of contemporary living at one of the most coveted locations in Dubai,
with eight meticulously designed bedrooms, an extravagant 20-people dining table, and a tastefully built bar, alongside numerous
other upscale amenities.

The handover for this exceptional penthouse is stated 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, stated: “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 is a magnificent architectural masterpiece that embodies the impeccable fusion of luxury and elegance,
in addition to demonstrating remarkable craftsmanship and quality finishes, EPG said.

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