Dubai’s luxurious ‘Atlantis Penthouse’ up for sale at $49M

News provided by Zebvo Newswire: Dubai, which is best known for luxury shopping, picturesque architecture and world’s most luxurious accommodations, has added another attractive destination for the tourists—Atlantis Royal Resort & Residences in Palm Jumeirah.

The United Arab Emirates’ best known emirate and commercial heart, Dubai has world’s most expensive and luxurious accommodations with hotels and housings being more than just the splendid architecture. One can experience Dubai’s opulence by staying in its one of the best and most expensive penthouses or hotels.

The five bed penthouse triplex Royal Resort & Residences, built in 25,000 sq. ft. in Atlantis, is one such accommodation where people will feel luxury and city’s charm.

Located on the crescent of The Palm, Atlantis, The Royal Dubai, embraces 231 luxury apartments, 693 hotel rooms, and 102 suites. It was built and is being operated by Kerzner.

Metropolitan Premium Properties, city’s one of the best real estate agency, is marketing this penthouse, which is listed for sale at $49 million. However, the price is expected to rise by three times, as soon as the project will be completed for the tourists.

The penthouse has five bedrooms and six bathrooms. However, an outdoor deck with its infinity pool 90 metres above ground, is added beauty of the penthouse, which is now Dubai’s recognised most expensive and luxurious accommodation.

With magnificent views of Palm Island and the Arabian Sea, the penthouse also accommodates a private lounge, beach, and admission to five-star amenities.

‘The beauty’ has been designed by KPF architects. The designers left no stone unturned in decorating the house with finest interior options by Sybille De Margerie, whose artists are well versed in making interiors with expensive materials, including leather, metal and porcelain, glass, and gold leaf.

Nikita Kuznetsov, partner Metropolitan Group and CEO of Metropolitan Premium Properties, revealed that in the recent years, the foreign investors are showing more interest in investing on Dubai’s luxurious properties.

 “We have noted that the number of transactions for townhouses and villas has evoked good response, with most of the people preferring waterfront/shoreline properties,” said Kuznetsov.

UAE’s one of the largest and leading Real Estate Companies, Metropolitan Premium Properties, revealed that 30% of its transactions were done by international clients, who mostly hailed from the UK, CIS and other parts of Europe, including France, Austria and Germany. The company said that they are expecting a similar trend, this year too.

In addition to a Royal Atlantis Garden Villa, group’s one of the penthouse in the W Residence, Palm Jumeirah was sold to the same buyer for Dhs102m, while the deal is considered as group’s highest transaction ever. Followed by this, group’s second penthouse in IL PRIMO Downtown was sold for Dhs42m to a European buyer.

For the visitors from across the world, ‘Atlantis, The Palm’ is now the luxury accommodations in Dubai. They will surely love its distinctive and best Arabian design, besides the luxurious life it will offer.

With magnificent architecture, luxury hotels and penthouses, the city has witnessed a major transformation, especially on Palm Jumeirah, ever since it was first inaugurated in 2008.

 

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