Page 68 - Emerald Palace Group - JANUARY 2024

1/4/24, 4:04 PM Dubai's costliest penthouse, at Raffles The Palm Dubai, is on sale for Dh600m | Property – Gulf News
"Our listing of this exceptional super-penthouse holds special significance, considering

Dubai’s recent central positioning in the global real estate market," said Seran

Gheorghe, Vice-President of EPG and Director of Sales for Raffles The Palm Dubai
Residences. "And a growing demand for luxury properties by numerous ultra-high

networth 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."

WHAT THE DH600M PENTHOUSE WILL HAVE

Taking up 3 levels and the rooftop of the Raffles The Palm, the penthouse will have

eight bedrooms, an 'extravagant' 20-people dining table, and other amenities. These
include a spa and wellness area (with a Cryogenic room), a Hay relaxation room, an

outdoor swimming pool, barbecue area, mini-golf within a meditation garden,

indoor/outdoor cinema lounge, a basketball court, 10 parking lots, and cigar lounge.

There has been no shortage of super-luxury home sales in Dubai, with Marsa Al

Arab witnessing a Dh420 million deal. There was another for Dh220 million at the

Palm last year.

Another wave of super-homes are due to hit the market in 2024, with much of the
action centered on the new Palm Jebel Ali. Amidst all that, the Palm Jumeirah

developments continue to be in the thick of action.

https://gulfnews.com/business/property/dubais-costliest-penthouse-at-raffles-the-palm-dubai-is-on-sale-for-dh600m-1.1704269316981 3/3