The title of ‘most expensive apartment in Dubai’ is one of those exclusive real estate labels that has been passed around between developers over the past decade. And there’s now a new custodian of it; it has been revealed that the huge penthouse apartment of One Palm by Omniyat has sold for a whopping AED 102 million, blitzing the previous title price tag of AED 60 million set earlier this year.

The owner will get to enjoy five en-suite bathrooms and several living areas with uninterrupted and unique views of Dubai Marina’s skyline and the Arabian Gulf. The huge penthouse includes several balconies, terraces and the rooftop area. The triplex unit has been designed in opulent rich textures of London-based luxury design studio Elicyon, famed for its involvement in the renowned One Hyde Park building.

Although One Palm offering three swimming pools, the buyer asked for a private lap pool to be installed on the rooftop of his penthouse, so that he could swim in private. The pool will become one of the highest and most private swimming pools in Dubai upon completion.

With prices for a three-bed apartment in One Palm starting at around AED 12.5 million, buyers of these 90 one-off properties know what they want. Earlier this week, Omniyat announced that the One Palm project has officially topped out ahead of schedule.

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.”

Due for completion in 2018, it is situated on the eastern tip of the iconic Palm Jumeirah’s trunk, One Palm includes three-, four- and five-bedroom residences and three triplex penthouses. 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.

For further information including construction updates and additional photos, visit the One Palm website by Omniyat, or phone or email Omniyat via the contact details below.

This article was first published on RETalk MENA.

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