Latest news with #IDRE
Yahoo
24-03-2025
- Business
- Yahoo
This $51 Million Penthouse Atop Dubai's Burj Khalifa Sits Above the Clouds
takes exclusivity to a whole other level. This sprawling 21,000-square-foot duplex penthouse, located on the two highest residential floors of the Burj Khalifa, is now on the market for $51 million with Asad Khan of IDRE. With the building's staggering height of nearly 1,300 feet, making it the tallest building in the world, the megamansion-in-the-sky is one of the highest residences in the world, offering unobstructed, 360-degree views of the bustling Business Bay neighborhood, the Arabian Gulf, and, well, as far as the eye can see across the desert. Unlike many ultra-high-end listings, the Sky Palace is being offered as a shell-and-core unit, meaning the interior is completely customizable. For buyers looking to craft a one-of-a-kind residence, this provides an opportunity to design everything from the entertaining areas to the private retreats and the lighting to the hardware. Adding to its appeal, the penthouse also comes with 12 dedicated parking spaces and exclusive access via the only private elevator in the Burj Khalifa. More from Robb Report This One-of-a-Kind Aston Martin Bertone Shooting Brake Is Heading to Auction Lewis Hamilton Wants To Help Design a New Ferrari Supercar Inspired by the F40 Loro Piana's First Exhibition Just Opened at Shanghai's Pudong Museum In addition to the customizable living space, the duplex aerie offers access to the Burj Khalifa's swanky amenities, including a private residents lounge, a fitness center, tennis courts, landscaped gardens, and a 24-hour concierge service. Residents can also enjoy fine dining and relaxation spaces within the tower. Residents also have access to two swimming pools, one of the 43rd floor and another on the 76th floor. After sitting vacant for more than a decade—it was allegedly being reserved for a high-profile individual—the epic aerie was acquired in 2022 by entrepreneur Karl Haddad and his business partner, The National reported. Now, Mr. Haddad feels the moment has come to bring it to market. 'To this day, this is the most beautiful building anywhere in the world. Whoever buys this will have unobstructed views for life, and that's really what makes this unique,' Haddad told the UAE-based newspaper. 'People have questions about the lifts, but they are super fast and you are upstairs on the 108th floor probably quicker than when you go to your office on the 20th floor.' While the Sky Palace reigns as the highest, the title of the most expensive penthouse still belongs to property mogul Nick Candy's $220 million residence in London's One Hyde Park. Best of Robb Report The 10 Priciest Neighborhoods in America (And How They Got to Be That Way) In Pictures: Most Expensive Properties Click here to read the full article.
Gulf Business
14-03-2025
- Business
- Gulf Business
Latest pictures: See how RAK's Wynn Al Marjan is shaping up
Image credit: Supplied by Invest Dubai Real Estate (IDRE) Progress on the new Wynn Resort on Al Marjan Island, Ras Al Khaimah, is steadily advancing as per recent images that Gulf Business has obtained. Read more: Wynn Al Marjan Island is located 50 minutes from the Dubai International Airport in the emirate of Ras Al Khaimah and is all set for opening in 2027, according to recent statement from The latest update on the project, which was published last month, indicates that Construction on Wynn Resorts' casino began in early 2023 and will include 1,542 rooms and suites, including 22 private villa estates, a 15,000 sqm shopping esplanade, a five-star spa, and a 7,500 sqm meetings and event centre at a cost of around £3.1bn (Dhs12.4bn). The d The photos posted below reflect how far development on the project has come. Gulf Business has received the latest pictures of the project's progress from Invest Dubai Real Estate (IDRE). Image credit: Supplied by Invest Dubai Real Estate (IDRE) Image credit: Supplied by Invest Dubai Real Estate (IDRE) General Commercial Gaming Regulatory Authority in UAE The The entity was established by Federal Law by Decree and is headquartered in Abu Dhabi. It is the executive authority that holds exclusive jurisdiction to regulate, license, and supervise all commercial gaming activities and facilities in the UAE. The authority also states that any GCGRA's mandate for the casino, which comes under the umbrella of land-based gaming facilities, includes physical establishments that offer a variety of commercial gaming games, such as slots, roulette, blackjack, baccarat, craps, and more. Residential development at the Al Marjan Island The Al Marjan Island in Ras Al Khaimah will also feature around 20 residential developments, according to a statement from IDRE. The brokerage says the stock is set to include off-plan studios, as well as one, two, and three bedroom apartments to be launched from April 2025 onwards. IDRE says at launch of one-bedroom apartments under its portfolio, some of these will be listed at £475.64 per square feet (Dhs2,220) with a final cost of £368,621 (Dhs1,705,000). 'Wynn Al Marjan Island is one of the most exciting building projects happening in the UAE, and IDRE is delighted to be leading the sales of a number of the main residential developments in the area,' Asad Khan, CEO of IDRE, said. 'Every lot was sold months ago because people recognise that Wynn Al Marjan Island has the potential to be the new jewel in the crown of the UAE for aspirational people to work, live, and invest,' Khan added. Highlighted below are concept images from Wynn Resort's Instagram page which shows how it is intended to look once completed. Image credit: wynnalmarjanisland/Instagram Image credit: wynnalmarjanisland/Instagram Image credit: wynnalmarjanisland/Instagram
Zawya
06-02-2025
- Business
- Zawya
World's highest penthouse hits the market: A $51mln masterpiece in Dubai's iconic Burj Khalifa
The world's highest residence, an ultra-exclusive 21,000 sq. ft. duplex penthouse in the Burj Khalifa, is now on the market for $51 million. Listed exclusively by Invest Dubai Real Estate, this once-in-a-lifetime opportunity represents the pinnacle of luxury living, boasting unmatched panoramic views, architectural grandeur, and an address that defines global prominence. Living at the top. The highest residence, in the tallest tower in the world. Over 1,300 feet above the city, this one-of-a-kind full-floor duplex in the Burj Khalifa offers unrivalled 360-degree views of Dubai, the Arabian Gulf, and the vast desert beyond. Spanning 14,000 square feet on the main level and 7,000 square feet on the upper level, it is the largest residence in Downtown Dubai, featuring floor-to-ceiling glass windows, a private swimming pool, and the only private lift in the tower. It comes as a shell-and-core unit and provides a blank canvas for buyers to craft a bespoke masterpiece, with ample space for grand entertaining areas, ultra-luxurious bedrooms, and custom amenities tailored to their vision. As the exclusive listing agent, Invest Dubai Real Estate specialises in off-market properties and serves an elite clientele of global investors, royalty, and high-net-worth individuals. The firm has built a reputation for securing the rarest and most coveted properties, making this penthouse a prime offering for discerning buyers seeking an unparalleled lifestyle in the heart of Dubai. 'This penthouse is a testament to exceptional luxury and architectural excellence, offering an extraordinary living experience in one of the world's most iconic buildings,' said Asad Khan, Founder and CEO of Invest Dubai Real Estate. 'To own a residence in the Burj Khalifa is not merely about having a home; it's about becoming part of history itself.' Dubai's luxury real estate market continues to attract global investors, with demand for ultra-premium properties soaring due to wealth migration, tax advantages, and a booming high-net-worth population. This penthouse is more than just a residence—it offers a blend of privacy, security, and world-class amenities, including access to an exclusive lounge, fitness centre, Japanese gardens, spa, fine dining, and dedicated 24-hour concierge services, all within one of the most prestigious addresses in the world. While record-breaking properties exist worldwide, the Burj Khalifa penthouse stands apart due to its unmatched height and iconic location—an architectural wonder and a globally recognized landmark. All these factors combined make the Burj Khalifa penthouse a highly coveted property, and the $51 million price tag reflects the extraordinary combination of location, luxury, exclusivity, and investment potential. -Ends- About Invest Dubai Real Estate: Invest Dubai Real Estate (IDRE), founded by Asad Khan, combines nearly two decades of expertise in Dubai's real estate market to deliver tailored investment options with a focus on high returns. With offices in Dubai and London, IDRE bridges global perspectives with local insight, offering access to luxury properties, trophy assets, and exclusive off-market deals. Committed to excellence and client satisfaction, IDRE partners with renowned firms to provide a seamless, personalized investment experience.
