Dubai, United Arab Emirates : Metropolitan Premium Properties, a full-service real estate agency specializing in selling luxury properties, has sold a penthouse for AED 64 million making it one of the most expensive property sold in Dubai in 2021.
The 8,300 sqft property that was sold to an European national features uninterrupted views of the Palm and the Arabian sea and has its own swimming pool.
The four-bed penthouse at the Atlantis The Royal Resort & Residences is the second most expensive property in the development after the top-floor five-bed penthouse triplex, which is also listed by Metropolitan Premium Properties, selling for AED 180,000,000 (USD 49M).
Commenting on the sale, Nikita Kuznetsov, Partner Metropolitan Group and CEO of Metropolitan Premium Properties, said: “This is one of our agency’s biggest deals this year and it is a good example of how HNWI still consider Dubai the number one destination for property investment. The deal was concluded in just four days further highlighting the confidence in Dubai’s economy and real estate market.
“We have seen strong demand for luxury properties especially from international buyers primarily from the CIS, the UK and other parts of Europe including France, Germany and Austria.” he added.
One of the group’s biggest transactions was two penthouses located in the W Residence, Palm Jumeirah, which sold for AED 102 million to the same buyer in addition to a Royal Atlantis Garden Villa for AED 44 million and one in IL PRIMO Downtown for AED 42 million to a European buyer.
Built and operated by Kerzner, Atlantis The Royal Dubai is located on the crescent of The Palm is made up of 231 luxury apartments, 693 hotel rooms and 102 suites and is destined to become an iconic, world-renowned address. The Residences will have expansive living and entertainment spaces with balconies or lushly landscaped terraces. All Residences offer unique uninterrupted views towards the sea or across the waters of The Palm towards the Dubai skyline.
For more details, please call +971 58 648 8888 or visit https://metropolitan.realestate/palm-jumeirah/royal-atlantis/
About Metropolitan Group
Established in 2008, The Metropolitan Group includes three full-service real estate agencies: Metropolitan Premium Properties (Dubai), Metropolitan Capital Real Estate LLC (Abu Dhabi) and Luxury Immobilien GmbH (Vienna). It also includes two supporting companies: Metropolitan Consulting FZE, providing personal and business legal services in the UAE, and Benchmark Brokers who are the group’s in-house independent mortgage advisory consultancy. The Metropolitan Group’s real estate agencies are among the top three most recognized and awarded in the UAE for developer off-plan sales working with the likes of Emaar, Dubai Properties, Meeras and Aldaar.
About Metropolitan Premium Properties
Metropolitan Premium Properties (MPP) is the Metropolitan Group’s flagship property company based in Dubai. It is a full-service real estate agency offering customised solutions to developers, owners and investors who are looking to maximise value from their luxury real estate assets. MPP offers a complete real estate solution under one roof and has the UAE's largest premium property portfolio.
About Metropolitan Capital Real Estate
Metropolitan Capital Real Estate (MCRE) is a full-service leading property company based in Abu Dhabi.
MCRE provides end-to-end services and customised solutions under one roof to the capital’s residents and nationals. The company is accredited by the largest developers in Abu Dhabi and is the official broker of Abu Dhabi development group ALDAR.
For further information, please contact:
Tel: +971 4 817 0394 | Email: firstname.lastname@example.org
© Press Release 2021
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