Page 77 - Emerald Palace Group - JANUARY 2024

1/4/24, 4:07 PM Dubai’s largest home on sale for $163m; 77,700sq ft Raffles The Palm penthouse has 8 bedrooms, cinema, cryogenic room, minigo…
Outdoor swimming pool
Bar and barbecue area
Minigolf

Meditation garden
Indoor/outdoor cinema lounge

Basketball court
10 parking lots
Cigar lounge with 360-degree views of the Arabian Gulf and Dubai skyline

According to Emerald Palace Group, 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.

The property prices are expected to rise by 5 per cent in prime markets in the city,

including the Palm Jumeirah, while the prices are forecast to grow by 3.5 per cent in non-
prime markets.

https://www.arabianbusiness.com/industries/real-estate/dubais-largest-home-on-sale-for-163m-77700sq-ft-raffles-the-palm-penthouse-has-8-bedroom… 4/4