Luxhabitat Sotheby’s International Realty sets new milestone with AED 420mln sale of exclusive Marsa Al Arab Penthouse

Luxhabitat Sotheby’s International Realty sets new milestone with AED 420mln sale of exclusive Marsa Al Arab Penthouse

Dubai, United Arab Emirates – Luxhabitat Sotheby’s International Realty, the esteemed luxury real estate company, has reached new heights with the sale of an exclusive penthouse for AED 420 million in Marsa Al Arab. This momentous achievement now establishes Luxhabitat Sotheby’s International Realty as the record holder for the most expensive apartment ever sold in Dubai, with an impressive value of AED 17,000 per square foot. The sale was achieved by Taieser Al Saati, an executive partner at Luxhabitat Sotheby’s International Realty, and surpasses the cost of a Bulgari Lighthouse apartment which sold for AED 410 million earlier this year.

Situated at the Marsa Al Arab Hotel, the Marsa Al Arab penthouse commands the highest floor, spanning an impressive 24,628 square feet. This extraordinary living space boasts 17,000 square feet of meticulously designed outdoor areas, featuring a private pool and 360-degree ocean vistas of Dubai, including the iconic Burj Al-Arab Jumeirah. Accessible through a dedicated lobby and equipped with two private lifts, residents are granted exclusive entry into this majestic penthouse sanctuary. Additionally, the residence benefits from proximity to the newly constructed superyacht marina, further enhancing its unparalleled luxury experience.

With a design influenced by futuristic superyachts, Marsa Al Arab Hotel will