Page 93 - Emerald Palace Group - JANUARY 2024

1/4/24, 4:09 PM Largest, one-of-a-kind penthouse in Dubaigoes on sale for AED 600 million
Largest, one-of-a-kind penthouse in Dubaigoes on

sale for AED 600 million

Largest, one-of-a-kind penthouse in Dubaigoes on sale for AED 600 million

EPG’s iconicsuper-penthouse spans across 77,707 sq. ftbuilt-up area and comprises top-three levels and
rooftop of the prestigious Raffles The Palm Dubai Residences

UAE, January 03, 2024

Emerald Palace Group (EPG), which owns the luxurious Raffles The Palm Dubai, has announced that the Super
Penthouse R1, the largest penthouse in Dubai, is up for sale at AED 600 million.

Comprising the top three levels and rooftop of the prestigious Raffles The Palm Dubai Residences, this ultra-
luxury super-penthousein Palm Jumeirah is designed in collaboration with Yodezeen, the world-renowned design
company.It spans over a total built up area of 77,707 sq. ft, setting a new benchmark for the largest private
residence in Dubai’s real estate history.This plushpenthouse is set to redefine the pinnacle of contemporaryliving
at one of the most covetedlocations in Dubai,with eight meticulously designed bedrooms, an extravagant 20-
people dining table, and a tastefully built bar, alongsidenumerous other upscale amenities. The handover term for
this exceptional penthouse is stated to be 15 months from the date of booking.

Seran Gheorghe, Vice President of EPG and Director of Sales for Raffles The Palm DubaiResidences,
stated: “Our super-penthouse is an embodiment of architectural grandeur and exclusivity. Transcending the
ordinary, this remarkable penthouse seeks to provide an exceptionallifestyle that seamlessly combines elegance,
convenience, and practicality. Our listing of this exceptional super-penthouse holds special
significance,considering Dubai’srecent 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.”

TheSuper Penthouse R1 is a magnificent architectural masterpiece that perfectly embodies the impeccable fusion
of luxury and elegance, in addition to demonstrating remarkable craftsmanship and qualityfinishes.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
includesagrandiose dining roomfeaturing a Teppanyaki Kitchen. Additionally, it also entails a vast sitting area
with direct access to the central terraceperfectly 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 includesa 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
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significant surge in the upcoming years, positioning the Emirate as a leading global real estate market. The

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