Page 224 - Emerald Palace Group - JANUARY 2024

upscale amenities. The handover term 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 perfectly embodies
the impeccable fusion of luxury and elegance, in addition to demonstrating remarkable
craftsmanship and quality finishes. Flaunting a contemporary design with a dash of

modernity and elegance, this exquisite residence features a private elevator that opens
directly to the Grand Saloon located on the first level. To further enrich experiences, the
space also includes a grandiose 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 with some of the best views.

The residence aims to set forth a privileged lifestyle that promises a one-of-a-kind
experience, reshaping the very notion of exclusive and opulent living. Some additional

amenities of the penthouse include – a top-notch gym, spa and wellness area that includes
a Cryogenic room, a Hay relaxation room, an outdoor swimming pool, bar and barbecue
area, minigolf 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.

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.1 The property prices are expected to rise by 5 per cent in prime
markets in Dubai, including the Palm Jumeirah, while the prices are forecast to grow by 3.5
per cent in non-prime markets.2

https://smb.farmvilleherald.com/article/Largest-one-of-a-kind-penthouse-in-Dubai-goes-on-sale-for-
AED-600-million?storyId=65966c5c14340f0009f4f71c