A luxury penthouse at Atlantis The Royal Resort & Residences was successfully sold for AED 64M by Metropolitan Premium Properties
Metropolitan Premium Properties, a full-service real estate agency specializing in selling luxury properties, is marketing the most expensive luxury penthouse currently in Dubai.
A top-floor five-bed penthouse triplex at the Atlantis The Royal Resort & Residences is selling for a jaw-dropping AED 180,000,000 (USD 49mn), the ultra-luxurious 25,000 sqft property has six bathrooms, an expansive outdoor deck with its own infinity pool and offers its occupants views of the Palm and the sea. There’s also a private lounge and beach, as well as access to five-star amenities.
Metropolitan Premium Properties has seen strong demand for luxury properties from overseas investors. Last year, 30% of the transactions were from international clients, primarily from the CIS, the UK and other parts of Europe including France, Germany and Austria and this trend has continued into this year as well. One of the group’s biggest transactions was two penthouses located in the W Residence, Palm Jumeirah, which sold for AED 102 million to the same buyer in addition to a Royal Atlantis Garden Villa for AED 44 million and one in IL PRIMO Downtown for AED 42 million to a European buyer.
Sign up for our weekly newsletter for market updates!