search

Luxury real estate in Dubai: the most expensive penthouse in Dubai has been sold.

Find analogues and other luxury real estate in Dubai, UAE. Assistance in buying housing in the

The most expensive penthouse in Downtown Dubai has been sold

In Downtown Dubai, a deal was made not for AED 1,000,000, but for AED 50,000,000. It was the price for a luxury penthouse, located next to Dubai Mall, was sold. The price is a record for this area, but not for Dubai as a whole, since lots of houses for sale in Palm Jumeirah cost more than

AED 50,000,000.

The sold duplex apartment has magnificent views of the famous Burj Khalifa Tower, which is the hallmark of Dubai and the United Arab Emirates. The penthouse, which was bought for an incredible AED 50,000,000 (or USD 13,500,000), was the most expensive in Downtown Dubai.

Luxury penthouse in The 118 by Signature Developers

Magnificent two-storey apartments are located in the residential area – The 118. This apartment has six bedrooms. Moreover, each bedroom has its own bathroom. The interior is decorated with stone.

Mother-of-pearl is used in the decoration. In addition to the bedrooms, the apartment has spacious walk-in closets.

This apartment is a project of the company Signature Developers. The advantages of the residential project include a central location and gorgeous views from the windows.

In fact, this residential building is unique for its area. Usually, real estate with similar prices is found in the Palm Jumeirah or Dubai Marina area. For Downtown, such a cost is nonsense. If, in the case of beach residences, the location affects the price tag. Then the price is formed due to the luxury of the building and the apartment in particular. Residents of this luxury penthouse have the opportunity to enjoy their own magnificent garden and terrace with a swimming pool with a total area of 8,000 sq. m. In addition, there is a special room for a personal driver, 24-hour service, concierge, as well as a fitness room on the territory.

Are there similar offers on the UAE market

Several similar-level penthouses can be found in Dubai. This is Le Reve and Il Primo by Emaar, which are under construction, or Sparkle Towers in Dubai Marina, where you can buy duplex apartments for AED 8,000,000.

Our assistance in buying real estate in Dubai

If you are looking for luxury accommodation in Dubai, we recommend Ax Capital website search. This is an agency with extensive experience, which offers a wide selection of apartments, penthouses and villas for every taste and budget. Contact the specialists and you will be sure that they will choose a housing option for you that absolutely meets your expectations. The company provides an individual approach to each client. To get a consultation, go to the official website:

https://www.axcapital.ae/

Walk-in wardrobe design: Where Fashion Finds Its Home

A well-organized walk-in wardrobe design is important for maintaining an efficient and visually appealing storage space, especially in Indian homes. In India, where space is limited, a walk-in wardrobe allows for optimal space utilization and customization that allows for the proper arrangement of clothing and accessories, ensuring that every item has its designated place. A […]

Read More

20 Types of Door Handles for a Stylish Home Upgrade

Types of door handles play a pivotal role in both functionality and aesthetics, offering diverse options to complement various architectural styles and personal preferences. Understanding the plethora of choices can help in selecting the perfect door handle for any space. From traditional lever handles to modern electronic ones, the market boasts an array of designs […]

Read More

50 Exceptional Baluster Design Ideas Suitable For Indian Homes

Baluster design plays a crucial role in architectural aesthetics, particularly in structures like staircases, balconies, and railings. These vertical supports not only provide structural integrity but also contribute significantly to the overall visual appeal of a building or space. Baluster design also vary widely, ranging from simple and utilitarian to intricate and ornate, reflecting different […]

Read More

How School Building Design is Changing in the 21st Century

The 21st century has ushered in significant transformations in the design of school buildings, reflecting shifts in educational philosophies, technological advancements, and societal values towards sustainability and inclusivity. This evolution in design is not merely aesthetic but represents a profound rethinking of the role physical environments play in education. Gone are the days of stuffy […]

Read More

Kitchen Design Mistakes to Avoid for a Functional and Stylish Space

In kitchen design, functionality and practicality are everything. Design and aesthetics are secondary, but this doesn’t mean that you can’t have a kitchen that’s both functional and aesthetically pleasing.  Calling a kitchen remodel company is ideal before starting your kitchen renovation project, as they can provide valuable insight on how to successfully redesign your kitchen. […]

Read More

10 Captivating Wall Texture and Colour Combinations for Indian Homes

Texture and Colour are powerful tools for creating a unique and functional space. They not only enhance the aesthetic appeal but also create an ambience that resonates with style and purpose. These textures and colours can be sleek and modern or rustic and inviting, allowing you to infuse your personality into the walls. They serve […]

Read More

Elevate Your Car Parking Design For Homes

The evolution of car parking design for homes in residential architecture influences plenty of factors such as urbanization, technological advancements, environmental concerns, and changing lifestyle preferences. Early architecture did not consider car parking design for homes, but the rise of automobiles in the early 20th century led to the incorporation of garages or carports. Post-World […]

Read More

Wardrobe Interior Ideas: 13 Guidelines To Select For Your Bedroom

Wardrobe interior ideas are where functionality meets style and organization, intertwined with creativity. It is about a treasure trove of wardrobe interior ideas that transcend mere storage solutions. Your wardrobe isn’t just a repository for clothing; it’s a curated space where daily rituals unfold and personal style finds its expression. From clever storage hacks and […]

Read More

15 Types of Wardrobe That Adds Extra Space In The House

A wardrobe is not just a piece of furniture constructed in the house. There are types of wardrobe one builds in the house according to their needs and requirements. Choosing the right type of wardrobe can be a critical task at times. While designing the house, one always thinks about the kind of storage space […]

Read More

Furniture for Small Spaces: 15 Ways to Decorate Compact Homes

Compact homes and furniture for small spaces have become today’s trends in designing a home. However, affordability is not the only reason for choosing a compact house with furniture for small spaces. They are also easy to maintain and reflect simplicity in daily life. For furniture for small spaces, their ideas and designs are more […]

Read More
  • Workplace Exhibiting Modern Take on Transitional Office Design | V AND V ARCHITECTS

    4 Great Ways You Can Invest in Real Estate