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Marsa Al Arab Penthouse in Dubai sells for a record AED420 Million

May 24, 2023

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A historic real estate deal has occurred in Dubai, marking the sale of a penthouse at Marsa Al Arab for an astonishing AED420 million. This remarkable apartment, spanning 24,628 square feet, offers exclusive features such as a private pool, a dedicated lobby, and two private elevators.

The prestigious real estate firm Luxhabitat Sotheby’s International Realty orchestrated this transaction, thereby securing the title for the most expensive apartment ever sold in Dubai. With a substantial 24,628 square feet of space, the penthouse includes a remarkable 17,000 square feet of outdoor areas that provide breathtaking 360-degree views of the ocean, including the iconic Burj Al Arab.