Dubai, 10 September, 2017: The title of ‘most expensive apartment in Dubai’ is one of those exclusive real estate labels that has bounced around between developers over the past decade. And there’s now a new custodian of it.
It has been revealed that the huge penthouse apartment of One Palm by Omniyat has sold for a whopping AED 102 million, blitzing the previous title price tag of AED 60 million set earlier this year.
The owner of Dubai’s new most expensive penthouse will get to enjoy over 29,800 square feet of luxury. Each of the five en-suite bathrooms and several living areas offer uninterrupted and unique views of Dubai Marina’s skyline and the Arabian Gulf. The huge penthouse includes almost 11,500 sq ft of exterior space, including several balconies, terraces and the rooftop area. The triplex unit has been designed in opulent rich textures of London-based luxury design studio Elicyon, famed for its involvement in the renowned One Hyde Park building.
The buyer, an undisclosed source, bought the unit on the condition of a very specific request. Despite One Palm offering three swimming pools, the buyer asked that a 20-metre long private lap pool was built on the rooftop of his penthouse, so that he could swim in private. The pool will become one of the highest and most private swimming pools in Dubai upon completion.
Omniyat accommodated the request as it continued the project build. Omniyat often includes bespoke requests on its prestigious projects. With prices for a three-bed apartment in One Palm starting at around AED 12.5 million, buyers of these one-off properties know what they want.
Earlier this week, Omniyat announced that the One Palm project has officially topped out ahead of schedule.
Mahdi Amjad, founder and CEO of Omniyat, said: “The topping out of One Palm ahead of schedule is testament to our team and partners who have worked tirelessly to bring this incredible building to life. From this point on we now look forward handing over the keys to our first customers and the official opening.”
Situated in a prime plot on the eastern tip of the iconic Palm Jumeirah’s trunk, One Palm is set to become the most luxurious residences in Dubai with each one of the 90 units offering incredible views of Dubai Marina’s skyline and the Arabian Gulf.
The 910,000-sq ft design-led project is rapidly shaping up to become a unique architectural statement unlike anything else in the region. It includes three-, four- and five-bedroom residences and three triplex penthouses. The building’s architecture, which includes double and triple height spaces and dramatic cantilevers, provides unique outdoor living spaces and beautiful sanctuaries. A private jetty will allow residents to conveniently dock their yachts.
Due for completion in 2018, One Palm has worked with the best designers in the world to create a truly unique project. Each residence will be a statement of personal taste with owners able to choose their interior and finishes from two of the world’s most esteemed designers to match their individual style.
Buyers will be able to pick from interiors designed by either Japanese firm Super Potato, known for its chic and modern fit-outs, or the opulent rich textures of London-based luxury design studio Elicyon, famed for its involvement in the renowned One Hyde Park building.
One Palm will be equipped with an unrivalled range of amenities and facilities to cater to its residents. The One Palm Clubhouse will include a fine-dining restaurant, indoor and outdoor swimming pools, indoor cinema, outdoor cinema and BBQ area, residents lounge, children’s pool and playroom and a luxury spa.Back to Press Room Press Inquiries