Dubai, famous for its iconic skyscrapers and luxury property market, has reached a new milestone with the sale of the world’s tallest residential property. Situated within the iconic Burj Khalifa tower, this exceptional penthouse is on the market for 51 million dollars (approximately 187.3 million AED).
A one-of-a-kind residence
Nicknamed the «Sky Palace», this penthouse spans two floors at the 108th floor of the Burj Khalifa, rising to 460 metres above ground. With an impressive area of 1,951 square metres, it is being sold as-is, offering future owners the opportunity to design and personalise the space to their own tastes. Estimates suggest that, once the interior fit-out has been completed, the property’s value could exceed 112 million dollars (approximately 411.6 million AED).
Unrivalled features and amenities
The «Sky Palace» has a private lift and 12 reserved parking spaces. Residents will be able to enjoy breathtaking panoramic views of the Persian Gulf, Palm Jumeirah and the mountains of Ras Al Khaimah. In addition, they will have access to the Burj Khalifa’s exclusive facilities, including:
- A private lounge on the 123rd floor
- Some hot tubs and outdoor swimming pools on the 43rd and 76th floors
- A 25-metre swimming pool
- Two luxury spas
- Some secure private gardens
- Three sports halls and some tennis courts
- A exclusive access at the Armani Hotel
A booming property market
Dubai’s luxury property market continues to attract high-net-worth individuals from around the world, drawn by the absence of taxes and incentives for long-term residency. The listing of the «Sky Palace» illustrates this trend, offering a unique opportunity for buyers seeking a truly exceptional property.
Conclusion
The launch of the «Sky Palace» at the top of the Burj Khalifa marks a new era for Dubai’s luxury property market. With its unrivalled features and prestigious location, this residence represents a rare opportunity for buyers seeking a property that is unique in the world.
