Khaleej Times, Wednesday, Aug 24, 2022 | Muharram 26, 1444
Another Palm Jumeirah penthouse sold for whopping Dh163 million
Emirates: The largest penthouse on Palm
Jumeirah’s Atlantis The Royal Residences has been sold for Dh163 million.
The five-bedroom triplex penthouse spans 25,208 sq ft and includes a sky garden,
two private pools and terraces, a private elevator, and floor-to-ceiling windows
with 360-degree infinite views of both the Arabian Sea and Palm Jumeirah.
Luxury real estate brokerage firm B1 Properties sold the penthouse, which it
said is the largest penthouse on the Palm.
Palm Jumeirah has been one of the hottest areas of Dubai when it comes to
penthouses. A penthouse on the Atlantis The Royal Resort & Residences was sold
for Dh180 million last year.
The new penthouse is located on the highest floors of the residential towers —
35, 36 and 37 with an additional mezzanine level on 37. Resort amenities include
bespoke serviced a-la-carte packages, a 90-metre infinity sky pool, access to
over 40 eateries and restaurants, spa treatment rooms, steam and sauna rooms,
gyms, and tennis courts, among many others.
“This notable transaction is attributed to the growing interest in investment in
Palm Jumeirah, and the enduring appeal of Dubai as a second home to discerning
world citizens,” said Babak Jafari, CEO and Founder of B1 Properties.