Exquisite penthouse at Dubai’s Atlantis on sale for $49M

News by Zebvo Newswire: Dubai, crowned for its soaring skyscrapers and magnificent white-sand beaches, is the place that transformed itself into the world’s most luxurious and expensive destination from a desert city.

With all the splendid beauties of Dubai, one such glorious attraction is also emerging, named Atlantis Royal Resort and Residences in Palm Jumeriah.

The opulence of Dubai can be experienced by visiting or staying at one of the world’s most luxurious penthouses or hotels which makes your visit exciting and worth giving.

The magic of the place will leave you spellbound when you visit the luxurious destination known as 25,000 sq. ft—five-bed penthouse triplex, situated at the Atlantis The Royal Resort and Residences in Palm Jumeriah.

Atlantis, The Royal Residences, situated on the crescent of The Palm, was built and operated by Kerzner. Palm Jumeirah, with 231 extravagant apartments, 693 hotel rooms, and 102 suites, welcomes its guest with its unparalleled luxury. Most of the apartments at Atlantis are already sold out, however, some owners are reselling their properties at Atlantis apartments.

The penthouse consists of a splendid interior designed by Sybille De Margerie with exceptional materials varying from leather, metal and porcelain, glass, and gold leaf, while it is designed by KPF architects.

The luxurious property is listed for sale at $49 million, and the Metropolitan Premium Properties, a full-service real estate agency, is marketing the magnificent penthouse. It is anticipated that the price will be increased three times once the project is completed.

With the vibrant view of Palm Island and the Arabian sea, the penthouse contains five bedrooms, six bathrooms, an outdoor deck with its infinity pool 90 metres above ground; it is renowned for being the most opulent and expensive in Dubai. A majestic private lounge, beach, and five-star niceties in the penthouse are breathtakingly impressive.

While emphasising the growth of the demand of the penthouse among international investors, Nikita Kuznetsov, partner Metropolitan Group and CEO of Metropolitan Premium Properties, cited,” We have noticed a massive increment in the number of transactions for villas and townhouses. There is a special curiousness for the waterfront/shoreline properties, which increased the market.”

Further, Metropolitan Premium properties are known as known one of the enormous, which runs Real Estate Companies in the United Arab Emirates, highlighted that the foreign clients from the UK, CIS and other parts of Europe, including France, Austria, and Germany, invested around 30% of its transactions, while this year again experience this trend.

The two penthouses resided at W Residence, Palm Jumeirah was the influential transactions of the group, listed for selling. The group has sold for Dhs102m to the same buyer, a Royal Atlantis Garden Villa for Dhs44m and one in IL PRIMO Downtown for Dhs42m to a European buyer.

When the Atlantis, The Palm, firstly opened in 2008, Dubai had experienced a significant modification, especially on Palm Jumeriah, which is known as a place for luxury apartments and glorious hotels.