Page 84 - Emerald Palace Group - JANUARY 2024

1/4/24, 4:08 PM Largest, one-of-a-kind penthouse in Dubai goes on sale for AED 600mln
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

This iconic super-penthouse at the Raffles The Palm Dubai Residences offers customisation options for
buyers, where they can choose additional exquisite features to create their own personal piece of
paradise in the heart of Dubai. EPG constantly strives to create and provide customers with exceptional
residences that are a harmonious blend of elegance, comfort, luxury, and convenience.

-Ends-

1. https://www.dubaihousing-ae.com/post/dubai-propery-market

forecast/#:~:text=Dubai%20Property%20Market%20Overview,-
The%20prime%20residential&text=The%20pricing%20for%202023%2C%20will,period%20of%2
02022%20to%202027

2. https://whatson.ae/2023/11/property-prices-in-dubai-set-to-grow-by-up-to-5-per-cent-in-2024/

https://www.zawya.com/en/press-release/companies-news/largest-one-of-a-kind-penthouse-in-dubai-goes-on-sale-for-aed-600mln-u2b7k9v2 2/3