Page 140 - Emerald Palace Group - JANUARY 2024

bar and barbecue area, mini golf within a meditation garden, indoor/outdoor
cinema lounge, a basketball court, 10 parking lots, a unique cigar lounge and a
bar offering 360-degree views of the Arabian Gulf and the skyline.

“Our listing of this exceptional super-penthouse holds special significance,
considering Dubai’s recent central positioning in the global real estate market
and growing demand for luxury properties by numerous ultra-high-net-worth
individuals.

"We firmly believe that the sale of this 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,” said Seran Gheorghe, vice-president of EPG
and director of sales for Raffles The Palm Dubai Residences.

Its handover term is stated to be 15 months from the date of booking.

In November, a was sold for a record Dh500 million, which spanned over 21,949
square feet.

In June 2023, Bugatti Residences by Binghatti’s Sky Mansion . The size of the
penthouse was not disclosed.

The luxury segment has led the growth of the local property market over the past
few years with demand exceeding supply, resulting in prices hitting an all-time
high in 2023.

https://www.msn.com/en-ae/news/featured/dubais-largest-penthouse-with-mini-golf-cinema-10-
parking-lots-goes-on-sale-for-dh600-million/ar-AA1motvp