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HomeArchitectureThe Most Costly House in Dubai Simply Bought—And It’s Not Even Constructed...

The Most Costly House in Dubai Simply Bought—And It’s Not Even Constructed But

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Dubai is a metropolis that breaks information—it’s house to the world’s tallest constructing, quickest curler coaster, and largest dancing fountain, to call a number of. Title-holders inside the metropolis itself are astounding—just like the $204 million Versailles-style palace that’s at the moment the costliest house available on the market within the UAE metropolis. And now, the current sale of a penthouse within the metropolis provides one other line within the lengthy checklist of accolades. 

The Jumeirah Group, an Emirati state-owned luxurious lodge chain, confirmed the sale of the penthouse of its branded residence within the soon-to-be-built Jumeirah Marsa Al Arab. Promoting for $115 million, the unit is now the costliest house in Dubai offered to this point. “Jumeirah is dedicated to increasing its portfolio of branded residences to seize the rising demand for our distinctive residing ideas and distinctive service requirements,” Katerina Giannouka, chief government officer of Jumeirah Group, mentioned in an announcement. “Our residences at Jumeirah Marsa Al Arab are clearly a beautiful proposition for our investor viewers and we’re delighted to carry such distinctive residential ideas that redefine the artwork of luxurious residing to Dubai’s panorama.”

A rendering of the Jumeirah Marsa Al Arab.

Rendering: Courtesy of Jumeirah Group

At the moment, the Jumeirah Marsa Al Arab, designed by architect Shaun Killa, is anticipated to open in This autumn of 2023. The lodge is marketed as “superyacht-inspired opulence” and can embody 387 rooms and suites, 82 luxurious residences, and an 82-berth superyacht marina. The record-setting penthouse spans 27,000 sq. ft, together with 13,000 sq. ft of outside area and a personal pool. The non-public sale additionally included three different penthouse residences and 17 further residences.

The costliest house in Dubai represents the head of the ever-expanding luxurious market within the metropolis. In keeping with Hotelier, Dubai at the moment has the biggest focus of branded residences, with the market anticipated to develop by 72% till 2030. 

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