Follow Vogue Arabia

Dubai’s Most Expensive Apartment Sells for AED 500 Million — Here’s Everything To Know About It

Vogue Arabia, December 2021. Photo: Sam Rawadi

Over the years, Dubai real estate industry has truly boomed, offering up a seemingly endless list of palatial residences. The latest home to catch everyone’s eye is a penthouse that has just sold for a whopping $136 million, equaling to AED 500 million. But what’s most interesting about this spot is the fact that it doesn’t exist just yet.

Reportedly set to become the penthouse of the much-talked-about Como Residences, a 71-floor building that is currently being brought to life in Palm Jumeirah, the still-to-be-constructed, yet most expensive apartment in Dubai will stretch over 22,000 square feet. Upon its completion in 2027, the penthouse will tower over its neighborhood at 984 feet, and will include five bedrooms, a 260-degree sky pool, and envy-worthy views of Marina, and the iconic Burj Khalifa and Burj Al Arab.

While the crowning glory of Como Residences may now be off the market, potential buyers still have much to look forward to, with the building offering everything from two-bedroom homes to seven-bedroom spaces. The tower itself will allow all residents access to a private beach, 82-foot lap pool, and infinity pool.

With another luxurious property having been sold just a few months earlier in the city for $115 million, it’s safe to say that Dubai has never been more desirable as a place to live. Between June 2022 and 2023 alone, the emirate added 100,000 more expats to its list of residents, and the numbers seem to only be moving upwards as more job opportunities appear.

View All
Vogue Collection