Omniyat has revealed that an anonymous buyer has scooped up the most expensive penthouse in Dubai for Dh102 million, beating the previous record price tag of Dh60 million.
Located at One Palm by Omniyat, the penthouse apartment was purchased 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 be built on the rooftop of his penthouse, so that he could swim in private. Omniyat accommodated the request as it continued the project build. The pool will become one of the highest and most private swimming pools in Dubai upon completion.
The penthouse is the largest of three triplex penthouses, and the owner 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 square feet 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.
Earlier this week, Omniyat announced that the One Palm project has officially topped out ahead of schedule. Prices for a three-bed apartment in One Palm start at around Dh12.5 million.
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 views of Dubai Marina's skyline and the Arabian Gulf. The 910,000 square feet design-led project includes three, four and five-bedroom residences. 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 allows owners 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 Elicyon, famed for its involvement in the renowned One Hyde Park building.
One Palm will be equipped with a 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.
A total of 543 hospitality projects worth Dh262.77 billion ($71.6 billion) are currently under way across the UAE, thus reflecting the vibrancy of the leisure, tourism and the entertainment sectors,
Abu Dhabi’s US$7 billion Khalifa Port is on track to complete marine works by the second quarter of next year in an expansion project to accommodate a new terminal that will be managed by China’s Cos
The Central Bank of the UAE has stepped up action against banks following complaints of mis-selling on consumer and investment products, a senior executive at the institution said on Tuesday, Nari
Leasing and hire purchase firms are showing signs of stability and overall asset growth is expected to be around 5 per cent this year, a top-level official from a non-banking finance company said.
Times of Oman
The National Business Centre (NBC), which is part of the Public Establishment for Industrial Estates (PEIE), hosted on Tuesday an edition of its Reyooq initiative, highlighting the significance of in
Oman Daily Observer