A rare residential property, positioned in Dubai’s most well-known constructing, has entered the market with an asking worth of $49,500,000 (Dh180 million). The residence has been dubbed a “as soon as in a lifetime alternative buy.” It’s at the moment the tallest house on this planet.
Positioned on the 2 highest residential flooring of the Burj Khalifa, this distinctive house has remained a carefully guarded secret for 13 years. It was initially reserved because the meant residence for one in every of Dubai’s distinguished celebrities.
Introducing the Tallest Residence within the World
Located on the 107th and 108th ranges of the enduring Burj Khalifa (the world’s tallest construction measuring 828 meters), this expansive dwelling is named the ‘Sky Palace. It encompasses 21,000 sq. ft throughout two tales, making it the most important duplex penthouse in Downtown Dubai. The property options its personal non-public elevator and boasts twelve designated parking areas.
Hovering 460 metres above floor, this “definitive standing image” gives unparalleled 360-degree panoramic views of the Arabian Gulf, Palm Jumeirah, and the Ras Al Khaimah mountains. As Asad Khan, CEO of Make investments Dubai Actual Property (IDRE), notes, it “stands to be one of many world’s most eye-catching properties.”
The area at the moment exists as a shell and core design, requiring roughly $5m (Dh18.3 million) in renovations to understand its potential as an elite luxurious residence. This clean canvas gives the distinctive alternative for consumers to customise their dream dwelling inside this globally acknowledged construction. Including to its attraction, buyers have the uncommon choice to buy industrial area throughout the identical tower, making a seamless live-work setting.
Mr Khan stated: “The Sky Palace on the Burj Khalifa is the best and most spectacular residential property on this planet on prime of the world’s tallest tower on this planet. This makes it the last word trophy property on the planet proper now.”
“The views from the penthouse are merely unbelievable and this can be a as soon as in a lifetime alternative to buy an house on one of many globe’s most iconic buildings. I’ve visited the Sky Palace many instances and each time it takes my breath away.”
“The property is at the moment available on the market for £40million and the very fact it’s an empty shell means any potential consumers can design and form the penthouse precisely how they need.”
In Dubai’s thriving property market, the funding potential is especially noteworthy.
“Now we have seen comparable properties in New York, Hong Kong and Toyko being listed from $249 million and upwards so count on Sky Palace to fetch for greater than $112 million as soon as it has been remodeled inside.”
Burj Khalifa Resident Services
Future occupants will get pleasure from unique entry to quite a few Burj Khalifa facilities, together with a personal residents lounge on stage 123, outside jacuzzis and swimming pools on flooring 43 and 76, a 25-metre swimming pool, and twin premium spas.
Extra privileges embody non-public gated gardens, playground amenities, a nursery, three health facilities, tennis courts, and entry to the Armani Lodge’s choices.
Whereas the uppermost 40 flooring home industrial workplaces, the constructing’s remaining residential models keep 99 % occupancy.
Mr Khan, whose agency IDRE makes a speciality of prestigious properties and confidential listings, concluded: “IDRE are the unique brokers for the Sky Palace which makes this a really thrilling proposition for us. We’ve already acquired plenty of curiosity within the property and can’t wait to see who finally purchases what shall be one of the eye-catching properties on this planet.”
