Update - Dubai Opens Winter Camping Reservations as Al Ruwayyah Expands … Transport - Dubai’s Final World Trade Centre Roundabout Bridge to Open on O… Weather - UAE Temperature Drops to 16.9°C at Ras Al Khaimah’s Merbeh Moun…

Send an Inquiry

Fill in the details below and our team will get back to you.

Real Estate 1 min read 70 views

Omniyats Dh 73 Million Penthouse Breaks Record Once Again for the Most Expensive Apartment Sold in 2019

Omniyat marks one more milestone with the sale of its second penthouse unit in One Palm, setting the record once again and making it the second-most expensive penthouse sold in the history of UAE real estate. Omniyat beat their own record back in 2017 by selling the most expensive penthouse in Dubai for AED 102 million. Details of the buyer who has bundled up the second-most expensive penthouse in Dubai for Dh73 million remain private.

With the successful sale of the second penthouse, enquiries for the third penthouse are already in the pipeline. Omniyat is confident that the sale of the third penthouse will beat the record once more with a price projected between the first and second penthouse.

Located on the Palm Jumeirah, the penthouse owner will enjoy over 20,000 square feet of luxury with spectacular views and perfect landscaped rooftop terrace with pool designed by world renowned landscape designer Vladimir Djurovic, bringing to life the vision of One Palm as the pinnacle of prosperity in the ultimate address.

Mahdi Amjad, Omniyat Executive Chairman and CEO said: "The space is truly incomparable, it is the epitome of luxury perfectly balanced with modern sophistication accompanying the surroundings of One Palm. As curators of bespoke projects, we pay incredible attention to detail and source only the premium materials that attract the most discerning clients to the region.

"Bearing in mind the modern lifestyle and high standards of living that the emirate offers, Dubai continues to strengthen itself as the most sought-after residential place of choice, with multi-millionaires shifting their home base to the country. Dubai has always set the benchmark with its outstanding living conditions and infrastructure, and at Omniyat, we aim to continue contributing to that vision." added Mahdi Amjad.

Located in a prime plot of the iconic Palm Jumeirah entrance, One Palm offers views of Dubai Marina's skyline and the Arabian Gulf. The building's architecture, which include double and triple height spaces, provide unique indoor and outdoor living spaces and beautiful landscape sanctuaries with utmost privacy in mind.

Related News

More on Real Estate

View all

Comments (0)

Join the conversation

No comments yet. Be the first to share your thoughts!

More News

See all
Technology

Building a Bilingual AI Video Creation Workflow for UAE SME Operations

Walk into almost any fast-growing logistics, property management, or hospitality office between Business Bay and Jebel Ali, and you will see why an ai video creation workflow has replaced one-off camera shoots for internal training and client onboarding. A typical 60-person company in the UAE...

Oct 27, 2026 · 5 min
Business

Employee Happiness Awards UAE 2026 Recognises Air Arabia, EDGE Group and Apparel Group

The Employee Happiness Awards (EHA) UAE 2026 has concluded its fourth and largest UAE edition, recognising organisations for their initiatives in employee well-being, learning, workplace culture and human resources innovation. Organised by Eventyst Global, the awards ceremony took place at JW...

Oct 27, 2026 · 2 min
Technology

Hamad Al Hajri and Fadi Ghandour to Headline Doha Downtown Tech Summit as Awards Receive 180 Nominations

Snoonu founder and CEO Hamad Al Hajri and Wamda Group Executive Chairman Fadi Ghandour will headline the second edition of the Downtown Tech Summit in Doha, as organisers announce an expanded speaker line-up and agenda for the event. Msheireb Properties, Qatar's sustainable real estate developer,...

Oct 27, 2026 · 2 min
Technology

Cequence Security Appoints Russ Schafer as CMO Amid Record Growth and Rising AI Security Demand

Cequence Security has appointed Russ Schafer, former Executive Vice President of Marketing at Fortinet, as its Chief Marketing Officer (CMO), as the cybersecurity company expands its application, API and agentic artificial intelligence security business. Schafer will report to Cequence CEO and...

Oct 27, 2026 · 4 min
Trusted by

Our Associates

Brands and organisations that work with Day of Dubai.

Add Business Card Add Event Add Directory Add Forum