Dubai has once again raised the bar in the luxury real estate market with the sale of the most expensive apartment in the city for a staggering Dhs500 million.
The lavish five-bedroom penthouse has set a new benchmark, surpassing the previous record of Dhs420 million for a top-floor penthouse in Marsa al Arab Hotel.
The Como Residences, a 71-storey architectural marvel, is poised to become the tallest building on Palm Jumeirah, outstripping the current record-holder, the 52-floor Palm Tower. This futuristic tower, inspired by its waterfront location, is designed to mimic the undulating waves of the ocean, offering a unique aesthetic that blends seamlessly with its surroundings.
Slated to open its doors in Q3 2027, the Como Residences promises an unparalleled living experience. The record-breaking penthouse itself spans an impressive 21,949 square feet and boasts a private elevator, state-of-the-art home automation system, and expansive floor-to-ceiling windows that offer breathtaking views of the Arabian Sea.
Prospective residents of the Como Residences can expect a range of opulent properties, from two-bedroom homes to grand six-bedroom dwellings, all featuring contemporary interiors, premium amenities, and, of course, stunning sea vistas. Developer Nakheel emphasizes that each residence within this soaring new address will encapsulate the essence of luxury living.
This off-plan purchase not only shatters Dubai’s previous real estate records but also ranks as the third most expensive penthouse ever sold globally, trailing behind only London and Monaco. The sale is a testament to Dubai’s enduring appeal as a hub for the ultra-wealthy and its status as a city that redefines the limits of luxury.
As the world watches, the Como Residences are set to become a landmark of Dubai’s skyline and a symbol of the city’s relentless pursuit of architectural innovation and extravagance. With this latest transaction, Dubai continues to cement its position as a leading destination for high-end real estate investments.