4 Mega penthouse projects go on sale in 2024

  • 3 weeks ago
Luxury penthouse in Dubai photo

Dubai luxury market is all about phenomenal architecture that takes birth every other day in UAE. Today, we are creating a list of mega penthouse projects in Dubai that have gained every investor’s attention, reached record-breaking transactions and been evaluated with the highest ROI in UAE. These luxury penthouses in Dubai have become a focal point for expats and foreign investors. These residences contribute to a luxury lifestyle that is impossible to get anywhere in the world with such pricing and benefits. With this list of mega penthouses that stand in the headlines of 2024, real estate is what your luxury standards are looking for! 

Como Residence Penthouse Priced at AED 500 Million

Como Residences on Palm Jumeirah Luxury penthouse in Dubai photo

The luxury penthouse at Como Residences on Palm Jumeirah, going on sale for AED 500 million (US$136.13 million), has set a new record for Dubai’s premium real estate market. This sale price, which set a new record for the city, demonstrates the unmatched exclusivity and luxury the Como Residence offers its discerning buyers. The five-bedroom, approximately 22,000-square-foot penthouse is a design marvel, with walls of glass providing breathtaking views of the Arabian Gulf and the Dubai skyline. The interior design of this property embodies the ultimate in luxury living with its soaring ceilings, floating staircases, and dramatic lighting.

The seventy-one-story tower, designed by Nakheel Properties, has a water theme throughout, with each floor emulating an ocean’s wave. Private and shared pools are featured throughout the building, offering a distinctive vertical swimming experience. The penthouse redefines luxury with its private pool, wraparound glass terrace, state-of-the-art home automation, and private elevator.

Como Residences, slated for completion in 2027, has several upscale amenities, including enough parking spaces, squash courts, a fitness centre, and concierge services. In addition to highlighting Dubai’s thriving real estate market, this historic sale establishes Como Residence as a benchmark for ultra-luxury living worldwide and a symbol of ultimate luxury.

Key highlights of Como Residence

  • Located in Palm Jumeirah, Dubai
  • Developed by Binghatti developers
  • Offers 20/60/20 payment plan
  • Handover of the project is in Q3 2027
  • Fully furnished residences
  • Access to private beach and infinity pools
  • 25mints away from Dubai airport

Bugatti Residences Priced at AED 750 Million

Bugatti Residences Luxury penthouse in Dubai photo

At an astounding 750 million dirhams, the Sky Mansion Penthouse at the Bugatti Residences in Dubai is the pinnacle of the real estate market in Dubai. The CEO of Bin Ghatti Real Estate, Mohamed bin Ghatti, attested that this is the most costly house ever listed in Dubai. This opulent apartment, which takes up the top three floors of the building, is 44,214 square feet in size and has a massive private pool on the roof and private parking for 20 automobiles that feels showroom-like.

At 16,962 dirhams per square foot, this magnificent home smashes previous records for both price and extravagant features. It truly sets the standard for luxury living. This ultimate luxury emphasizes Dubai’s position as the industry leader in luxury real estate.

Key highlights of Bugatti Residences

  • Located in Business Bay
  • Developed by Binghatti developers
  • Offers 70/30 payment plan
  • Sky mansion penthouses and apartments are available
  • In-house parking option available
  • Handover of the project is in Q2 2026
  • 16 minutes away from Dubai International Airport

Burj Binghatti Jacob & Co Residences Priced at AED 8.2 Million

Burj Binghatti Jacob & Co Residences Luxury penthouse in Dubai photo

With sales of the Burj Binghatti Jacob & Co Residences officially opening, Dubai’s Business Bay is set to fire the entire luxury property market, with sales prices starting at AED 8.2 Million. This residential tower is expected to become the tallest in the world after the New York Trade Center. This fantastic ‘hyperpower’ combines the architectural expertise of UAE developer Binghatti with the exquisite design sensitivities of American high-jewellery firm Jacob & Co.

These apartments and penthouses for sale in Dubai, ranging in size from cosy 2-3 bedroom units to opulent 5-bedroom units, are the epitome of unmatched luxury. Their design, which was influenced by the elaborate quality of Jacob & Co.’s timepiece masterpieces, has diamond-shaped spires that give Dubai’s skyline a refined, crown-like appearance. The interiors redefine luxury living with floor-to-ceiling windows offering breathtaking views of the Burj Khalifa and echoing the brand’s high jewels style.

Key highlights of Burj Binghatti Jacob & Co. Residences

  • Located at Business Bay, Dubai
  • Developed by Binghatti developers
  • Offers 70/30 payment plan
  • Apartments and penthouses are available
  • Handover of the project is in Q2 2026
  • 20 minutes away from DXB airport

Vela Residences Priced at AED 30 Million

Vela Residences Luxury penthouse in Dubai photo

The ultra-luxurious Vela Residences project by Omniyat is expected to completely change what it means to live in luxury along Business Bay’s Dubai Water Canal. This 150-meter-tall building, designed by Foster + Partners and Gilles & Boissier, has 38 upscale apartments spread over 30 stories. It offers a variety of luxurious apartments, such as the stunning 5-bedroom Sky Palace, 4-bedroom penthouses, and 3- to 4-bedroom Marina and Sky Residences.

The penthouses in Dubai’s Vela Residences offer stunning views of Downtown Dubai, the Arabian Gulf, and the surrounding countryside. Some of the penthouses for sale even have private terrace pools. With amenities like a movie theatre, spa, salon, infinity-edge lap pool, and access to The LANA hotel and a private beach at Omniyat’s One at Palm Jumeirah, Vela provides its residents with an opulent and practical lifestyle.

Key highlights of Vela Residences

  • Located at Business Bay
  • Developed by Omniyaat
  • Offers 60/40 payment plan
  • Handover of the project is in Q4 2026
  • 15 minutes away from DXB airport

Conclusion

As the UAE economy is forecasted to grow by 4.3% in 2024, real estate in Dubai, especially penthouses in Dubai remains the key player in making it possible. The headline-making penthouses, which are selling quickly, attest to the dynamism of this industry. These properties are luxurious homes and status symbols for grandeur and exclusivity due to their grand architectural features, conveniences, and high living standards. They make a substantial contribution to the high-value transactions in the real estate market, thereby solidifying Dubai’s position as a prominent participant in the global luxury property market and a significant engine of economic growth in the United Arab Emirates. These luxury penthouses in Dubai are all about grandeur architecture, convenient living and luxurious living standards, making them a significant contributor to gaining dominant transactions.  

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