A three-story super penthouse with luxurious amenities and stunning views

  • A three-story super penthouse in Dubai listed for AED 600 million
  • The penthouse is larger than the White House
  • Designed with a contemporary and elegant style
  • Features amenities such as a private gym, spa, and relaxation rooms
  • Includes outdoor areas with a bar, barbecue, and minigolf
  • Expected to be ready in 15 months
  • Dubai’s luxury residential sales had a successful year in 2023

A three-story super penthouse with over 77,000 square feet has been listed for AED 600 million in Dubai. This penthouse, located on Palm Jumeirah, is larger than the White House and offers a contemporary and elegant design. Designed in collaboration with a Miami-based architectural firm, the penthouse features amenities such as a private gym, spa, relaxation rooms, and a bar with 360-degree views. Outdoor areas include a bar, barbecue, minigolf, and a basketball court. The penthouse is expected to be ready in 15 months. Dubai’s luxury residential sales had a successful year in 2023, and this penthouse aims to take advantage of the city’s growth in the real estate market.

Public Companies: Emerald Palace Group ()
Private Companies: undefined, undefined
Key People: Seran Gheorghe (Vice President of EPG and Director of Sales for Raffles the Palm Dubai Residences)

Factuality Level: 7
Justification: The article provides information about a three-story super penthouse listed for AED 600 million in Dubai. The information about the size of the penthouse and its comparison to the White House can be verified. The article also mentions the amenities and features of the penthouse. However, there is no independent verification of the claims made by the vice president of EPG. Overall, the article provides factual information but lacks independent verification for some claims.

Noise Level: 3
Justification: The article provides information about a luxury penthouse listing in Dubai. It includes details about the size, design, and amenities of the penthouse. However, the article lacks depth and analysis, and it does not provide any evidence or data to support its claims about the penthouse being the largest private residence in Dubai’s real estate history or the growing demand for luxury properties in the city. Overall, the article contains mostly promotional content and lacks intellectual rigor.

Financial Relevance: Yes
Financial Markets Impacted: Dubai real estate market

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article pertains to the listing of a super penthouse in Dubai, indicating activity in the real estate market. There is no mention of any extreme event.

Reported publicly: www.marketwatch.com