News Provider: (Zebvo) Dubai, with its soaring skyscrapers and stunning white-sand beaches, has transformed itself from a desert city to the world’s most glamorous and expensive destination.
With all of Dubai’s splendours, one such magnificent attraction, the Atlantis Royal Resort and Residences on Palm Jumeriah, is emerging.
Dubai’s richness may be experienced by visiting or staying in one of the world’s most opulent penthouses or hotels, making your visit thrilling and worthwhile.
When you visit the spectacular 25,000 sq. ft. five-bed penthouse triplex located at the Atlantis The Royal Resort and Residences in Palm Jumeriah, you will be mesmerised by the place’s charm.
Kerzner designed and built Atlantis, The Royal Residences, which is located on The Palm’s crescent. With 231 luxurious apartments, 693 hotel rooms, and 102 suites, Palm Jumeirah greets its visitors with unrivalled elegance.
The penthouse features a magnificent interior created by Sybille De Margerie with extraordinary materials such as leather, metal, porcelain, glass, and gold leaf, as well as a KPF architects-designed exterior.
The magnificent penthouse is listed for sale at $49 million and is being marketed by Metropolitan Premium Properties, a full-service real estate firm. Once the project is completed, the price is expected to be increased three times.
The penthouse has five bedrooms, six bathrooms, an outdoor deck with an infinity pool 90 metres above ground, and is known for being the most extravagant and expensive in Dubai. It has a vibrant view of Palm Island and the Arabian Sea. In the penthouse, there is a magnificent private lounge, a beach, and five-star amenities.
Nikita Kuznetsov, partner Metropolitan Group and CEO of Metropolitan Premium Properties, highlighted the growing demand for penthouses among international investors “The number of transactions for villas and townhouses has increased dramatically. The market for waterfront/shoreline properties has grown as a result of the increased interest.”
Furthermore, Metropolitan Premium Properties, which is known as one of the largest, which runs Real Estate Companies in the United Arab Emirates, highlighted that foreign clients from the United Kingdom, the CIS, and other parts of Europe, including France, Austria, and Germany, invested around 30% of its transactions last year, and this trend is expected to continue this year.
The two penthouses at W Residence, Palm Jumeirah, were the group’s most influential transactions, and they were listed for sale. A Royal Atlantis Garden Villa was sold for Dhs44 million to the same buyer, while one in IL PRIMO Downtown was sold for Dhs42 million to a European buyer.
When the Atlantis, The Palm, initially opened in 2008, Dubai had seen major changes, particularly on Palm Jumeriah, which is recognised for its luxurious homes and magnificent hotels.
