Emerald Palace Group (EPG) has unveiled the largest penthouse in Dubai, the Super Penthouse R1, priced at an astonishing Dh600 million. Spanning the top three floors and the rooftop of the Raffles The Palm Dubai Residences, this opulent residence boasts a record-breaking total built-up area of 77,707 square feet, making it the largest private residence in the history of Dubai’s real estate.
The Super Penthouse R1 is a masterpiece of luxury living, featuring eight bedrooms, a grand dining room, and a spacious sitting area with direct access to a central terrace offering breathtaking views. A private elevator opens directly to the Grand Saloon on the first floor, ensuring a grand entrance for residents and their guests.
In addition to the lavish living spaces, the penthouse offers an array of exclusive amenities. A top-notch gym, spa, and wellness area with unique features such as a Hay relaxation room and Cryogenic room provide residents with unparalleled comfort. The outdoor area includes an inviting pool, a bar, and a barbecue area. For entertainment, there’s a mini-golf course within a meditation garden, an indoor/outdoor movie lounge, a basketball court, and even a cigar lounge.
The panoramic views of the skyline and Arabian Gulf can be enjoyed from a bar that offers 360-degree views. The Super Penthouse R1 also comes with ten parking spaces, catering to the convenience of its affluent residents.
Seran Gheorghe, Vice President of EPG and Director of Sales for Raffles The Palm Dubai Residences, highlighted the significance of this listing, especially given Dubai’s central position in the global real estate market and the increasing demand for luxury properties among ultra-high-net-worth individuals. The sale of this exceptional residence is expected to contribute significantly to the growth of Dubai’s real estate sector.
With a specified handover period of 15 months from the booking date, potential buyers have the opportunity to secure this prestigious property. This announcement comes on the heels of a record-breaking sale in November, where a five-bedroom Como Residences penthouse on Palm Jumeirah fetched a staggering Dh500 million. The demand for luxury properties has consistently outpaced supply, driving unprecedented growth in Dubai’s real estate market and pushing prices to an all-time high in 2023.
Notably, the Sky Mansion Penthouse at Bugatti Residences by Binghatti, which went on sale in June 2023 for Dh750 million, has also contributed to the trend of high-value property transactions in Dubai, further solidifying its position as a global hub for luxury real estate.
