For Dh163 million, a penthouse on the Palm has found a buyer. B1 Properties has sold a five-bedroom apartment with two private pools, a sky garden, and 25,208 square feet at Atlantis The Royal Residences.
“Atlantis The Royal Residences is the biggest penthouse sale for B1 Properties thus far,” said Babak Jafari, CEO. “B1 Properties has experienced exponential growth in sales, including Villa Riva del Lusso, one of the most expensive Signature Villas in the entire Palm with a 10-car underwater vault, which was exclusively listed with the brokerage by Alpago Properties.”
Atlantis The Royal Residences is nearing completion and will become one of the Palm’s most prestigious addresses once it opens. The most recent sale also attests to the island’s continued allure to investors with extremely high net worth.
The penthouse apartment that was sold is located on levels 35, 36, and 37 of the residential skyscraper, with an additional mezzanine level on level 37. Customized catered a-la-carte packages, a 90-meter infinity Sky Pool, and access to more than 40 cafés and restaurants are available as amenities.