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Dubai off Plan Properties

Luxury Apartments in Dubai: One Palm Penthouse Sold for $23.5 Million

Palm Jumeirah, another unit’s sale, sets the record, this time by Omniyat Developer’s One Palm. The penthouse of the project has recently been sold at a record price and has become the second most expensive penthouse in Dubai. The penthouse sold is a part of Omniyat’s One Palm project located on Palm Jumeirah. It has been sold to a private buyer for a whopping $23.5 million, which converts to approximately AED 86 million.

Omniyat officially said after closing the deal, that the sale followed by its record of selling Dubai’s most expensive penthouse. The company sold another penthouse in the same One Palm project for $27.8m (or AED102m) in 2017. It still remains the most expensive penthouse ever sold in Dubai.

One Palm is ideally located on the trunk of the iconic Jumeirah Palm islands. One Palm is an AED 2 billion luxurious development. It comprises 25 storeys and has a total number of 94 apartments. It is designed by the renowned architect, Soma from New York. The entire project boasts a sleek and modern design on the outside. The interior of One Palm is designed by the famous Super Potato from Japan. The landscaping of the project has been handed over to Vladimir Djurovic from Lebanon. The apartments will allow the residents to soak in beautiful views of Dubai’s pristine beaches, the iconic Burj Al Arab and Instagram worthy Dubai skyline.

The development offers a variety of apartments including, Essence, Escape, Century and the ONE Penthouse. The ONE Penthouse is one of its kind luxurious penthouse that features 7 bedrooms. The property has its own staircases, lifts, an infinity pool, maids’ quarter, safe room, bathrooms with spa. Moreover, it features landscaped terraces, jacuzzi, private arrival with welcome greetings, the apartments boasts double height roof, office space, study area, library and a kids play area.

The apartments speak of the highest standard in each and every aspect with being fully fitted by the likes of Boffi, Poggenpohl, Bulthaup etc. The apartments will feature kitchen appliances from Gaggenau or Sub Zero and sinks from Franke. The lavatories will be fully finished with stone walls + stone flooring and will come equipped with sanitaryware from Toto or Antonio Loppi.

The amenities at the development includes a jetty and marina berth, concierge, chauffeur, housekeeping, gardening, round the clock security, welcome greet and butler services that ensures you live in ample luxury all the time. Additional storage space is available at the development for storing maritime equipment. Moreover, there is a sea lift that allows the residents direct access to the sea.

One Palm’s penthouses span over 1,858m2 and feature landscaped rooftop terraces with swimming pools of various shapes and sizes designed by Vladimir Djurovic. One Palm is known for its white-glove service in addition to its luxurious lodgings. Each home is allotted three to six large parking places, as well as visitor parking.

Executive chairman and chief executive officer of Omniyat, Mahdi Amjad said while commenting on the One Palm development:

“Considering the modern lifestyle and high standards of living that the emirate offers, Dubai continues to cement itself as the most sought-after residential location of choice, with multi-millionaires shifting their home base to the country.” High demand for Dubai’s prime property has heightened the sense of urgency in the market, especially at the One Palm. After the clouds of Coronavirus are diminishing and amid the successful run of Dubai Expo, the interest of people is back and property demand is on the rise. Experts suggest that the Dubai Property market, including luxury properties, will attract a huge number of eyeballs in 2022.

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