In a bold move that has captivated luxury real estate enthusiasts, Emerald Palace Group (EPG) has officially listed Dubai’s largest penthouse for sale at a staggering Dh600 million. The Super Penthouse R1, spanning the top three floors and rooftop of Raffles The Palm Dubai Residences, sets a new benchmark in Dubai’s real estate history with a colossal built-up area of 77,707 square feet.

Read this : Binghatti Heights Project in JVC Surpasses Expectations, Completed Ahead of Schedule

Boasting a lavish layout, the Super Penthouse R1 is designed with eight bedrooms, a grand dining room, and a spacious sitting area with direct access to the central terrace—ideal for entertaining guests while enjoying breathtaking views. The residence also features a private elevator that opens directly to the Grand Saloon on the first floor, adding an extra layer of exclusivity.

The opulence extends beyond living spaces, encompassing a state-of-the-art gym, spa, and wellness area equipped with amenities like a Hay relaxation room and Cryogenic room. Outdoors, residents can indulge in an array of leisure facilities, including an expansive outdoor pool, bar, barbecue area, and a mini-golf setup within a tranquil meditation garden.

Read this : Qatar’s Real Estate Market Surpasses $87.08 Million in Trading Volume in Just 3 Days

Entertainment is taken to new heights with an indoor/outdoor movie lounge, a basketball court for sports enthusiasts, a cigar lounge for relaxation, and a bar offering 360-degree panoramic views of the skyline and Arabian Gulf.

Seran Gheorghe, Vice President of EPG and Director of Sales for Raffles The Palm Dubai Residences, expressed the significance of this exceptional listing in light of Dubai’s central positioning in the global real estate market. The Super Penthouse R1, with its unparalleled features and grandeur, is poised to contribute to another milestone in Dubai’s real estate sector.

The handover period for this extraordinary residence is set at 15 months from the booking date, adding a layer of anticipation for potential buyers.

Read this : Dubai Continues to Spearhead GCC Real Estate Market in 2024: Kamco Invest Report

Dubai has witnessed a surge in luxury real estate transactions, with a record-breaking Dh500 million sale of a five-bedroom Como Residences penthouse in November. The demand for premium properties has outpaced supply, culminating in the Sky Mansion Penthouse at Bugatti Residences by Binghatti hitting the market at a staggering Dh750 million in June 2023.

The continuous growth of the local real estate market, driven by high demand in the luxury segment, has propelled prices to unprecedented levels in 2023. The introduction of the Super Penthouse R1 by EPG adds another chapter to this narrative, reflecting the city’s allure for ultra-high-net-worth individuals seeking the epitome of luxury living.

Read this : Damac’s Safa Two de Grisogono Tower Nears 2027 Completion with Nature-Inspired Luxury

In conclusion, the Dh600 million Super Penthouse R1 stands as a testament to Dubai’s reputation as a global hub for luxury real estate, offering a lifestyle of unparalleled extravagance and sophistication.