Dubai’s property market is buzzing with excitement this week as yet another penthouse sale has set new records. After the record-breaking sale of a Marsa Al Arab penthouse in Jumeirah for Dh420 million, Luxhabitat Sotheby’s International Realty announced Tuesday that it has closed a deal for the most expensive penthouse ever sold on the Palm Jumeirah for Dh220 million.
The company’s Executive Partner, Honey Deylami, secured the sale of a shell-and-core four-floor mega sky palace in AVA at Palm Jumeirah, Dorchester Collection, an exclusive development in Palm Jumeirah with only 17 residences.
The shell and core penthouse spans a built-up area of 33,406 sq ft.
The penthouse sold was on the topmost floor of the development, spanning a built-up area of 33,406 sq ft. The property features a 360-degree infinity lap pool and offers views of Palm Jumeirah, Burj Al Arab, and Ain Dubai and has a four-floor 200m indoor garden and a roof terrace with 360-degree views.
AVA at Palm Jumeirah, Dorchester Collection offers exclusive residences with private terraces, a pool, and 270-degree views, including a private elevator and lobby. The development includes simplexes, duplexes, and the sky palace mansion with the largest infinity pool.
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