Dubai's most expensive luxury penthouse valued at $49M

The 25,000 square foot triplex penthouse with five beds is located in the Atlantis The Royal Resort & Residences on Palm Jumeirah.

The five-bed triplex penthouse on the top floor of Atlantis The Royal Resort & Residences in Palm Jumeirah, Dubai, is a 25,000-square-foot property. The property has six bathrooms, an outdoor deck with its own infinity pool, and stunning views of Palm Island and the Arabian Sea. There is also a private lounge and beach, plus access to five-star amenities.

Metropolitan Premium Properties, a full-service real estate firm, said that the luxurious infrastructure is for sale.

Built and operated by Kerzner, Atlantis The Royal Dubai is located in the crescent of The Palm and comprises a total of 231 luxury apartments, 693 hotel rooms and 102 suites.

Designed by KPF architects, the property offers luxurious interior choices by Sybille De Margerie, who has hired artists to create unique works in materials ranging from leather, metal and porcelain to glass and gold leaf.

"Currently, we continue to see strong demand for luxury properties from overseas investors. Sales of properties above Dhs5m accounted for 15% of total sales in the first six months, with the average selling price of high-end properties increasing from Dhs5m to Dhs10m. We also witnessed an increase in the number of transactions for villas and townhouses, with notable interest and high demand for waterfront properties," said Nikita Kuznetsov, Metropolitan Group partner and CEO of Metropolitan Premium Properties.

Check out some images of the majestic Penthouse below!

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