This magnificent penthouse recently went for an incredible nine figures.
It’s the priciest penthouse in the United Arab Emirates and among the priciest in the world.
This incredible property, known as the Como Residences Penthouse, sold for an astounding $136.2 million. The Como Penthouse, which is situated on Palm Jumeirah, is one of 26 penthouses and 76 units available from this specific building overall. Not only is this the most costly property within the building, but it’s also the priciest property in the United Arab Emirates.
But theoretically speaking, it is not the priciest penthouse on the planet.
Because there is one in the Principality of Monaco that costs almost three times as much ($387 million), we sаy “in theory.”
The penthouse in Dubai has sold, though the one in Monaco is still up for grabs and is having trouble finding a buyer.
The soon-to-be owner’s identity has not yet been made public, but since this is Dubai, it could be anyone—from a well-known celebrity or member of the royal family to a hedge fund manager whose nаme we’ve never heard of.
Eight- or nine-figure properties frequently have a single, common problem: they are difficult to find buyers for.
Rich multimillionaires and billionaires who can afford these properties are in plentiful supply, but they typically want complete control over the property they’re purchasing.
They’re also not prepared to spend a lot of money on a property meant for someone else.
Michael Jordan’s Chicago mansion is causing him the same problems.
This was undoubtedly a big problem for the developer who was attempting to sell the California home that he claimed to be the “most expensive house in the world.”
The primary distinction with the property you are viewing is this.
Although the penthouse is sold now, it should be prepared for the tenant’s move in by 2027.
This is partly because of the increased demand, but it’s also because the customer will customize it to fit their needs.
We do know that the penthouse at the top of the 71-story building is the most expensive in Dubai.
It has five bedrooms, 21,900 square feet of usable space, and the most breathtaking view you could ever hope for.