Page 61 - Emerald Palace Group - JANUARY 2024

1/5/24, 12:08 PM Luxurious 77,000 sq ft Dubai penthouse with cryogenic room and hay beds goes on sale for record $163 million

Luxurious 77,000 sq ft Dubai penthouse with cryogenic room and

hay beds goes on sale for record $163 million

Dubai's real estate market soars with the listing of the record-breaking DH600 million Super Penthouse R1, showcasing opulence,

luxury amenities, and a growing trend in high-profile transactions, solidifying the city's status as a global real estate powerhouse.

Sunita Iyer
First Published Jan 4, 2024, 3:58 PM IST

Follow

Dubai, known for its opulent lifestyle and futuristic skyline, has once again captured global attention with the listing of the Super
Penthouse R1 at Raffles The Palm Dubai Residences for a record-breaking DH600 million ($163 million). Owned by the Emerald Palace
Group (EPG), this luxurious property, spanning an impressive 77,707 square feet, promises to redefine luxury living in the heart of the
city.

The Super Penthouse R1, occupying the top three floors and rooftop of the building, is set to become a symbol of extravagance in Dubai's

real estate landscape. Seran Gheorghe, EPG's vice president and director of sales for Raffles The Palm Dubai Residences, believes that
this sale will mark a significant milestone in the history of Dubai's real estate market.

This opulent eight-bedroom residence boasts an array of luxurious amenities, including a private elevator, indoor/outdoor cinemas, a
gym, a basketball court, spa and wellness area with a cryogenic room and a hay relaxation room. The property also features an outdoor
pool, barbecue area, mini-golf course within a meditation garden, cigar lounge, and a bar with a breathtaking 360-degree view of the

https://newsable.asianetnews.com/world/luxurious-77-000-sq-ft-dubai-penthouse-with-cryogenic-room-and-hay-beds-goes-on-sale-for-record-163-milli… 1/2