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1/5/24, 12:08 PM The largest house in Dubai is for sale for 163 million USD - VnExpress
Super Penthouse R1 penthouse (red shade) on top of Raffles The Palm Dubai building. Photo: Emerald
Palace Group
The amenities of this penthouse are as rich as a resort, including a gym, spa,
relaxation room, health care, outdoor swimming pool, mini golf course, meditation
garden, indoor and outdoor cinema, soccer field. basket. The homeowner also has a
private cigar room with 360-degree views of the Arabian Gulf and Dubai skyline. The
apartment's parking lot can accommodate 10 cars.
Seran Gheorghe, EPG Vice President and Sales Director of Raffles The Palm Dubai
Residences, said Super Penthouse R1 is the embodiment of architectural grandeur
and uniqueness. "Beyond the ordinary, this remarkable penthouse aspires to deliver
an exceptional lifestyle, perfectly combining luxury, convenience and practicality," he
said.
Dubai's real estate market has been vibrant since the end of 2020, after six years of
decline. Responding well to Covid-19 helped Dubai reopen quickly, attracting rich
people from many countries. Consulting company Knight Frank (UK) forecasts that
high-end home prices in Dubai are expected to increase by 5% this year, due to
limited supply and demand from Chinese and Indian visitors.
EPG said Super Penthouse R1 has special meaning when looking at the attraction of
Dubai real estate in the international market and the increasing demand for luxury
housing among the super rich. "We believe that the sale of this lavish residence will
mark another important milestone in the history of Dubai real estate," Seran said.
The record for the most expensive penthouse successfully transferred in Dubai to
date is the 5-bedroom apartment on top of the Palm Jumeirah building, priced at 500
million UAE dirhams (more than 136.1 million USD) in November 2023.
Meanwhile, Super Penthouse R1 is not the most expensive private residence in
Dubai for sale. There are 2 products being sold that are more expensive, with the
same price of 204 million USD. It is a 5,600 m2 villa in the Emirates Hills area with
gold and marble interior, and a penthouse at the Bugatti by Binghatti project but not
yet built.
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