Real Estate
Dubai’s Largest Home On Sale For $163m; 77,700sq Ft Raffles The Palm Penthouse Has 8 Bedrooms, A Cinema, A Cryogenic Room, Minigolf, And A Basketball Court
January 9, 2024
Dubai’s largest home on sale for $163m; 77,700sq ft Raffles The Palm penthouse has 8 bedrooms, a cinema, a cryogenic room, minigolf, and a basketball court
Dubai is selling its largest private home, a whopping 77,700-square-foot penthouse at Raffles The Palm, priced at $163 million. This luxury penthouse includes 8 bedrooms, a cinema, a cryogenic room, a minigolf, and even a basketball court.
Situated in the prestigious Raffles The Palm Dubai Residences, the Super Penthouse R1 spans the top three levels and the rooftop. It was designed in collaboration with the renowned Yodezeen design company.
This penthouse, the biggest in Dubai's real estate history, comes with eight bedrooms, a 20-person dining table, and a bar. The handover time for this super fancy penthouse is expected to be 15 months from when you book it.
Seran Gheorghe, Vice President of Emerald Palace Group (EPG) and Director of Sales for Raffles The Palm Dubai Residences stated that this super penthouse represents architectural grandeur and exclusivity. It aims to offer a lifestyle that seamlessly combines elegance, convenience, and practicality. The sale of this lavish residence is seen as a significant event in Dubai's real estate history, contributing to the city's growth in the global market.
Additional amenities of the penthouse include:
- Gym, spa and wellness area
- Cryogenic room
- Hay relaxation room
- Outdoor swimming pool
- Bar and barbecue area
- Minigolf
- Meditation garden
- Indoor/outdoor cinema lounge
- Basketball court
- 10 parking lots
- Cigar lounge with 360-degree views of the Arabian Gulf and Dubai skyline
According to Emerald Palace Group, 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.
The property prices are expected to rise by 5 percent in prime markets in the city, including Palm Jumeirah, while the prices are forecast to grow by 3.5 percent in non-prime markets.
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