Dubai’s real estate market has reached a new zenith with the listing of its largest penthouse, valued at a staggering Dh600 million. Announced by the Emerald Palace Group (EPG), the Super Penthouse R1, located at the Raffles The Palm Dubai Residences, is a marvel of luxury and opulence.
Unmatched Scale and Luxury
The Super Penthouse R1 is not just the largest in Dubai but also a benchmark in luxury living. Spread over the top three levels and the rooftop of the Raffles The Palm Dubai Residences, it covers a massive built-up area of 77,707 square feet. This penthouse sets a new record for the largest private residence in Dubai’s real estate history.
Lavish Amenities and Design
This extraordinary penthouse boasts eight bedrooms and a private elevator that opens directly into the Grand Saloon. The first level houses a grandiose dining room and a vast sitting area with direct access to the central terrace, perfect for hosting hundreds of guests. The additional amenities elevate the luxury quotient significantly, including a top-notch gym, spa, and wellness area with a cryogenic room and a hay relaxation room. The outdoor features are just as impressive, with a swimming pool, bar, barbecue area, mini golf within a meditation garden, an indoor/outdoor cinema lounge, a basketball court, and ten parking lots. A unique cigar lounge and a bar offering 360-degree views of the Arabian Gulf and the skyline add to the exclusivity of the penthouse.
A Milestone in Dubai’s Real Estate History
Seran Gheorghe, Vice President of EPG and Director of Sales for Raffles The Palm Dubai Residences, emphasized the significance of this listing in the context of Dubai’s growing prominence in the global real estate market. The sale of this super-penthouse is expected to be a significant milestone in the history of Dubai real estate, reflecting the growing demand for luxury properties among ultra-high-net-worth individuals.
Timeline for Handover
For those interested in acquiring this epitome of luxury, the handover term is stated to be 15 months from the date of booking, allowing ample time for the final touches to be added to this magnificent residence.
This penthouse is not just a residence; it’s a symbol of the opulence and prosperity that Dubai’s real estate market offers to the world’s elite.
