Page 158 - Emerald Palace Group - JANUARY 2024

1/4/24, 5:03 PM Dubai super-penthouse with cinema and basketball court on sale for $163m – success street is a multipurpose site.For businesses,…
The Super Penthouse R1 at Raffles The Palm Dubai Residences comprises the top- three levels and rooftop of the property and
spans 77,707 square feet. Images: Emerald Palace Group

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One of the largest private penthouses in Dubai is on sale for Dh600 million ($163 million), amid continuing growth in the

emirate’s prime property market.

The 77,707 square feet penthouse R1 at Raffles The Palm Dubai Residences is spread across three levels and the rooftop of the
property.

The eight-bedroom property includes its own indoor and outdoor cinema, gym and basketball court.

It has a spa and wellness area that includes a cryogenic room, an outdoor swimming pool, a bar and barbecue area, a mini golf
course in a meditation garden, a cigar lounge and a bar offering 360-degree views of the Arabian Gulf.

It also comes with a private lift and has a dining room with a Teppanyaki kitchen that seats 20 people.

Emerald Palace Group, which owns Raffles The Palm Dubai, said the property also includes a central terrace area that can

entertain hundreds of guests.

The super-penthouse – a penthouse that occupies at least 10,000 sq ft of space in a building that is about 305 metres high – also
offers customisation options.

The handover term for the penthouse is 15 months from the date of booking, EPG said.

Seran Gheorghe, vice president of EPG and director of sales for Raffles The Palm Dubai Residences, described the super-
penthouse as “an embodiment of architectural grandeur and exclusivity”.

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