The largest penthouse of its kind in Dubai has been listed for sale at the price of 600 million Dirhams.

The “Emerald Palace Group,” which owns the luxurious “Raffles The Palm Dubai Residences,” has announced the offering of the (Penthouse R1), which is considered the largest penthouse of its kind in Dubai, for sale at a price of 600 million dirhams.

The ultra-luxurious penthouse occupies the top three floors and the rooftop of the “Raffles The Palm Dubai Residences” in Dubai’s Palm Jumeirah, which is considered one of the most upscale areas in the emirate. Spanning a built-up area of 77,707 square feet, it stands as a new landmark in Dubai’s real estate history.

This penthouse sets a new standard for modern living, offering eight meticulously designed bedrooms and a luxurious dining table that seats 20 people, along with a suite of high-end amenities, to provide a distinctive lifestyle experience.

The company plans to deliver this remarkable penthouse, designed in collaboration with the globally renowned “Ydesign” company specializing in design, within 15 months from the reservation date.

Seran Georgy, the Vice President of Emerald Palace Group and the Sales Director at Raffles The Palm Dubai Residences, stated:

“This penthouse represents an extraordinary blend of architectural innovation and sophisticated touches. It’s a distinguished landmark designed to transcend the ordinary and offer a lifestyle that epitomizes elegance and comfort. The offering of this luxurious penthouse takes on exceptional significance given Dubai’s stature in the global real estate market and the increasing demand for high-end properties among the ultra-wealthy. We believe that the sale of this deluxe residence will mark another significant milestone in the history of Dubai’s property sector, and we look forward to making a greater contribution to the growth of this industry.

“The Penthouse R1” boasts a private elevator that opens directly onto the main lobby on the first floor. It features a massive dining room with a kitchen designed in the traditional Japanese teppanyaki style, enriching the living experience. Moreover, the spacious sitting area provides direct access to the central terrace, which serves as an ideal space large enough to accommodate hundreds of guests to relish the best views of the Arabian Gulf and the skyline of Dubai.

The penthouse includes a range of additional amenities such as a modern gym, a spa, and a relaxation and recovery area that features a cryogenic room offering therapeutic benefits and a dedicated hay relaxation room. Furthermore, this space boasts an outdoor swimming pool and a barbecue area, as well as a miniature golf course situated within the garden. The penthouse also has both an indoor and outdoor cinema, a basketball court, and a cigar lounge. Additionally, there is ample parking available for ten vehicles.

It is anticipated that real estate prices in Dubai’s primary markets, such as Palm Jumeirah, will see a 5% increase, while the secondary markets are expected to experience a growth of 3.5%.