The Most Expensive Penthouses in Dubai in 2024
It was less than three years ago when news buzzed with the sale of Dubai's most expensive penthouse for AED 85 million. Today even the 30th most costly penthouse in the city surpasses that value. Dubai, once a desert outpost, has undergone a remarkable transformation, cementing its global reputation as a powerhouse in the luxury real estate market. The city is now home to some of the priciest homes in the world. Below, we present eight of the most expensive penthouses in Dubai that are currently on the market or have been sold previously, all of which command our attention.
1. The Sky Mansion, Bugatti Residences – AED 750 Million
The Sky Mansion at the Bugatti Residences in Business Bay is currently the most expensive penthouse on the market in the city. The Bugatti Residences is the only one of its kind worldwide, and this luxurious home occupies the top three floors of the tower, covering an impressive 44,214 square feet. One of the standout features is a special car lift system that allows the owner to drive straight into their home and park their car in the living area. The penthouse when completed will come with a private rooftop swimming pool and ground-floor parking akin to a high-end showroom capable of accommodating 20 cars. The building has a distinctive design and even includes an artificial beach inspired by the French Riviera. This Sky Mansion comes with an AED 750 million price tag and is equipped with an indoor swimming pool, private gym, gaming room, cinema, and two kitchens.
2. Billionaire Sky Penthouse, Burj Binghatti Jacob & Co. Residences – AED 750 Million
The Billionaire Sky Penthouse, at the Burj Binghatti Jacob & Co. Residences, is on the market for a similar AED 750 million. Inspired by Jacob & Co.'s iconic timepieces, the duplex apartment is named after their most expensive watch, the ‘Billionaire’. The penthouse is perched 1,600 feet above ground and will feature an indoor infinity pool facing the Burj Khalifa, a gym, sauna, and multiple living areas. Upstairs features a movie theatre, family lounge, billiards area, and a massive primary suite. The building dubbed the "hypertower" is set to break records and claim the title of the world's tallest residential building when completed.
3. Super Penthouse R, Raffles The Palm – AED 600 Million
The unveiling of Raffles Palm's penthouse in 2024 has set a new standard in Dubai's luxury property market. Spanning a massive 77,000 square feet, this triplex masterpiece is bigger than the White House and is currently the largest penthouse in Dubai and one of the largest private homes globally. The home is designed in collaboration with Miami's YoDezeen and is currently on the market for AED 600 million. The residence features a private elevator that brings guests to a grand salon with a large sitting room and terrace that frames panoramic views of the sea and Palm Jumeirah. An expansive dining area reveals a table big enough for 20 guests and a kitchen with Teppanyaki cooking surfaces. The penthouse comes with 8 bedrooms alongside a private indoor and outdoor theatre, spa, and wellness area with a cryogenic room, hay-relaxation room, gym, indoor basketball court, mini-golf course, meditation garden, and a cigar lounge.
4. Como Residence Penthouse – AED 500 Million
The penthouse within the highly anticipated Como Residences in Palm Jumeirah is currently the most expensive penthouse ever sold in Dubai. Located on the 68th floor, it currently ranks as the world's most expensive beachfront penthouse and the third most expensive penthouse globally, trailing behind Penthouse D in One Hyde Park, London, and the Odeon Tower Penthouse in Monaco. This five-bedroom home spans nearly 22,000 square feet, featuring glass walls that offer 360-degree views of Dubai's iconic landmarks and the Arabian Gulf. The home is accessible via a private elevator and comes with state-of-the-art home automation, private swimming pools, a wraparound glass terrace, and an outdoor lounge with an alfresco dining area. When completed, the skyscraper will be the tallest tower on the island and host a viewing deck on the 71st floor, offering the highest viewing area in Palm Jumeirah.
5. Armani Presidential Penthouse – AED 482 Million
Born from the vision of legendary designer Giorgio Armani and Pritzker-Prize-winning architect Tadao Ando the Armani Beach Residence is a stylish new development on the shores of Palm Jumeirah. Its centrepiece is the AED 482 million ‘Presidential Suite’, a chic penthouse spanning 44,000 sq. ft. with bespoke interiors by Armani Casa. One of its highlights is the contemplative courtyard space which includes a reflective water feature and access to the open sky. The penthouse is spread over two levels and will feature massive roof terraces and courtyards offering unfiltered views of the Arabian Gulf and Dubai Marina skyline. It will be accessible via high-speed lifts, with features such as a large swimming pool, jacuzzi, gym, library, cinema, and multiple entertainment spaces all included. The residents also get access to a private basement parking lounge which can be enclosed and will contain seven large car parking spaces.
6. Marsa Al Arab Top Floor Penthouse – AED 420 Million
In 2023, the penthouse at the soon-to-open Marsa Al Arab by Jumeirah shattered records as the most expensive penthouse ever sold in Dubai. Orchestrated by Taieser Al Saati from Dubai Sotheby's International Realty, the sale amounted to AED 420 million, marking a milestone in the city's luxury real estate market. This lavish residence spans 27,000 sq. ft, including 13,000 sq. ft. of outdoor space, and features a private pool, a dedicated lobby, and two private elevators. Residents will enjoy sweeping ocean views, along with Dubai's skyline, the Burj Al Arab, and the project's exclusive marina. The building is designed by architect Shaun Killa, (the team behind the Museum of the Future) and draws inspiration from futuristic superyachts, completing the Jumeirah trilogy alongside the sail-shaped Burj Al Arab and the wave-shaped Jumeirah Beach Hotel.
7. Sky Villa, Bulgari Lighthouse – AED 410 Million
The Bulgari Lighthouse is the latest addition to Dubai's 'Billionaire Island' – Jumeirah Bay, home to some of Dubai's most affluent and influential residents. The 27-storey building is home to 31 apartments and comprises only full-floor and half-floor penthouses. Its crown jewel is the three-floor 'Sky Villa', a highly exclusive residence that covers 38,970 sq. ft. and comes with a 13,000 sq. ft private rooftop garden with an infinity pool. The 9-bedroom penthouse features double-height formal living spaces, a private elevator, a cinema, and floor-to-ceiling windows presenting stunning views of the Arabian Gulf and Dubai skyline. It sold for AED 410 million, and briefly held the title of the most expensive penthouse in Dubai, surpassing the previous record of AED 164 million set by a penthouse in Atlantis The Royal in 2022.
8. Sky Palace, ORLA by Dorchester Collection – AED 365 Million
The 'Sky Palace' at the upcoming ORLA by Dorchester Collection on Palm Jumeirah is the eighth most expensive penthouse in Dubai with an asking price of AED 365 million. This three-floor residence is one of three in the exclusive development and will feature 52,749 sq. ft. of living space with generous indoor and outdoor areas. Among its amenities are two private swimming pools – one on the living floor terrace and another on the rooftop garden terrace along with a fully equipped wellness suite, including a gym, salon treatment room, steam room, sauna room, spa zone, and Jacuzzi. Two internal private lifts, a show garage for 10 cars, a private lobby with direct lift access to the residence, and a private helipad complete this exceptional offering.
Dubai’s luxury real estate market continues to grow, setting new benchmarks globally. With each passing year, the city presents new homes that push the boundaries of luxury living, attracting wealthy individuals from around the world. As the city evolves its skyline matures with distinctive homes, setting new standards for premium living.