The penthouse is located near Dubai Mall, offering a stunning view of the famous Burj Khalifa.
A luxury penthouse worth USD 13.6 million was sold in Downtown Dubai. So far this is the most expensive penthouse ever sold in the area.
The unit is situated at The 118 project and is one of only two penthouses being offered there. The duplex apartment features six ensuite bedrooms, exquisitely furnished interiors, generous walk-in closet spaces and an elegant combination of stone and pearlescent finishes.
The penthouse is located near Dubai Mall, offering a stunning view of the world’s tallest building Burj Khalifa.
In addition to that, The 118 features a luxurious 30,000square feet poolside garden and deck, dedicated chauffeur accommodation, 24-hour maintenance and concierge services, a fitness center and valet services.
Generally, it's waterfront properties on the Palm Jumeirah that usually attract the highest prices for the premium properties in Dubai. However, the latest deal in Downtown stands in stark contrast to current highly expensive residences that heavily rely on beachfront access to justify the asking price.
Following two tough years Dubai had to go through because of the COVID-19 pandemic, the emirate once again has positioned itself as a safe haven for burgeoning entrepreneurs, international investors and celebrities as well.