“Dubai’s largest penthouse, with 10 parking spaces and a cinema lounge, is now on the market for Dh600 million.”
Dubai has recently unveiled its largest penthouse, the Super Penthouse R1, which is now available for purchase at a groundbreaking Dh600 million, marking a new pinnacle in the city’s real estate scene. This extraordinary residence spans an impressive 77,707 sq ft across three levels and a rooftop at Raffles The Palm Dubai Residences.
Boasting eight bedrooms, a private elevator, a lavish dining area, and an expansive terrace, the Super Penthouse R1 offers unparalleled luxury. The residence is equipped with top-notch amenities including a gym, spa, cryogenic room, outdoor pool, mini golf, cinema lounge, and a 360-degree view bar.
With a 15-month handover term, the sale of this property underscores the growing demand for luxury real estate in Dubai. Notable transactions in the market include the recent Dh500 million sale of the Como Residences and the June 2023 sale of the Bugatti Residences Sky Mansion Penthouse for Dh750 million.
The luxury property segment continues to be a driving force in the local market, contributing to record-high prices in 2023. Dubai’s real estate sector remains a magnet for ultra-high-net-worth individuals in search of exceptional residences and unique amenities.