The most expensive apartment in Dubai just sold for Dhs420 million

The buyer is now the proud owner of a 24,600-square-foot penthouse with a private pool, a dedicated lobby with two lifts, a huge outdoor space, and more… 

The most expensive apartment in Dubai just sold for a whopping Dhs420 million. The penthouse, sold by Luxhabitat Sotheby’s International Realty, is located on the highest floor of the Marsa al Arab Hotel, which is set to open later this year.

One of just four penthouses inside the hotel, the apartment boasts 360º ocean views, a private pool, 14,000 square-foot outdoor space, four metre-high ceilings, and more.

Back in February this year, a new record was set when a nine-bedroom sky villa sold inside the future residential tower, Bulgari Lighthouse, for a, then, record-breaking Dhs410 million.

Inside Marsa al Arab…

Next to the wave-shaped Jumeirah Beach Hotel and iconic Burj Al Arab, Marsa al Arab is set to open later this year. The new resort’s design takes inspiration from an avant-garde super yacht, completing the nautical-inspired trilogy on the Jumeirah shorefront.

The five-star hotel will boast 386 rooms and suites, four penthouses, and 83 luxury hotel apartment suites, alongside state-of-the-art amenities. All rooms, suites, and penthouses will offer sunny sea views of the Arabian Gulf or yacht-filled marina, as well as its neighbouring hotels Jumeirah Beach and Burj Al Arab.

The new resort will be every foodie’s dream with an impressive collection of 10 restaurants and bars, all of which have been designed by globally renowned restaurant designers.

It will also be the perfect place to unwind and find your inner zen with its special wellness and leisure facilities set across a sprawling 3,500 square metre, three-storey spa. There will also be a collection of gorgeous pools that guests can take a dip in, including a large circular pool, a family infinity pool and a private VIP adult pool.

Jumeirah Marsa Al Arab is part of a larger development that is led by Dubai Holding, which will include a new luxury 82-berth marina and scenic boardwalk, as well as a cluster of nine, ocean-facing bedroom marina villas.