Categories: Market

Pool, view and many luxuries: the 119 million franc penthouse has its charm

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A penthouse apartment in Dubai was sold for 119 million francs.
Robin Wegmüller

A penthouse apartment is rarely this expensive. Such a sight is rarely seen. A penthouse suite in Dubai sold for 500 million UAE dirhams (119 million francs). This is also a new record for one of the world’s busiest luxury real estate markets. There are only two penthouses in the world that sell for higher prices.

The apartment comes with a 360-degree infinity pool for the high price. The apartment is also strategically well located in Dubai. Of course, we should not forget the impressive view of Burj Al Arab, the world’s largest building, Burj Khalifa, and the rich Dubai Marina district.

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Completed in just three years

The five-room apartment is located in a 71-storey high-rise building called Como Residences. The tower is located on the man-made island of Palm Jumeirah. It’s no surprise that the palm island is known for its stunning villas, opulent hotels and international beach clubs.

The penthouse will be 2,044 square meters in size. Become? Yes! Because the apartment has not been built yet. Como Residences is currently under construction and is scheduled to be completed by the end of 2027, according to property management. The buyer, who is expected to come from Eastern Europe, will have to wait more than three years before he can swim in the infinity pool.

With a purchase price of 119 million francs, the property is the third most expensive penthouse in the world. At just 207 million francs, Penthouse D in London and Odeon Tower Penthouse in Monaco at 385 million francs are even more expensive. By the way: the cheapest apartment in Como Residences is sold for just under 5 million francs; This is a very cheap price compared to the most expensive apartment.

Source :Blick

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