Most expensive penthouse in Dubai sold for $136,200,000
- This is the most expensive penthouse, and most expensive property overall, in the UAE
- It offers 21,900 square feet of usable space
- It’ll be completed in 2027
Published on Dec 11, 2023 at 1:26 PM (UTC+4)
by Alessandro Renesis
Last updated on Dec 11, 2023 at 7:34 PM (UTC+4)
Edited by
Adam Gray
This gorgeous penthouse just sold for a whopping nine-figure amount.
It is the one of most expensive penthouses in the world, and the most expensive in the United Arab Emirates.
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Dubbed the Como Residences Penthouse, this amazing property sold for a mind-boggling $136.2 million.
Located on Palm Jumeirah, the Como Penthouse is one of 26 penthouses available, and one of 76 units available in total from this particular building.
And not only is this is the most expensive property in the building, it is actually the most expensive property in the UAE.
However, it is not – at least in theory – the most expensive penthouse in the world.
We say ‘in theory’ because there’s one in the Principality of Monaco that costs nearly three times as much ($387 million).
However, while the penthouse in Monaco is still for sale, and struggling to find a buyer, the one in Dubai has actually sold.
The identity of the soon-to-be owner hasn’t been disclosed yet but, this being Dubai, it could be anybody from a well-known celebrity or a royal, to a hedge fund manager whose name we’ve never heard of.
One of the recurring issues with eight- or nine-figure properties is that they often can’t find buyers for one simple reason.
While there’s no shortage of wealthy multi-millionaires and billionaires who can afford these properties, these buyers generally want full control over what they’re buying.
And they’re not ready to splash cash on a property designed for others.
Even Michael Jordan is facing the same exact issue with his Chicago mansion.
And that was definitely a major issue for the developer who was once trying to sell the self-proclaimed ‘most expensive house in the world’ in California.
This is the key difference with the property you see here.
Even though it is sold now, the penthouse is expected to be ready for the tenant to move in in 2027.
This is in part due to high demand, but also because the buyer will have it customized to meet their personal requirements.
What we do know is that the most expensive penthouse in Dubai is located at the very top of the 71-story building.
It offers 21,900 square feet of usable space, including five bedrooms, and the most amazing view you can imagine.
Alessandro is an automotive journalist with 10 years of experience covering supercars, automotive history, emerging vehicle technology, and luxury transportation. He wrote the first article published on SupercarBlondie.com when the website launched in 2022 and has since built a reputation for insightful reporting across the automotive and transportation industries. His expertise is grounded in hands-on experience. Alessandro has driven every Tesla model ever produced, from the original Roadster to the Cybertruck, and regularly covers the latest developments in electric vehicles and automotive innovation. His passion for transportation extends beyond cars, he has even flown a Boeing 787 Dreamliner simulator in Addis Ababa, Ethiopia. His reporting spans everything from classic American muscle cars and rare automotive discoveries to luxury yachts, private aircraft, high-end watches, and cutting-edge vehicle technology. Known for his deep knowledge of automotive history and ability to uncover the stories behind iconic vehicles, Alessandro brings readers a blend of historical context, technical expertise, and first-hand experience.
