Dubai’s Most Expensive Home – Record Price

The record-breaking sale in Dubai’s real estate market was achieved with the Como Residences penthouse in Palm Jumeirah, which sold for 500 million AED (136 million USD). This transaction not only became the most expensive home in Dubai’s history but also ranked as the third most expensive penthouse ever sold worldwide. Designed by Foster + Partners, this ultra-luxury residence offers 2,038 m² of living space, a private pool, 360° panoramic views, and Palm Jumeirah’s prestigious location, making it both an architectural masterpiece and a strong investment opportunity.

Architectural Features and Design

The Como Residences penthouse stands out with its modern architecture and luxurious details:

Size: 21,949 ft² (2,038 m²), 5 bedrooms
Private Elevator: Dedicated exclusively to this residence
360° Pool and Terrace: Overlooking Dubai’s skyline and the Arabian Gulf
Interior Design: Elegantly styled by Gilles & Boissier
Materials: Premium marble, natural stone, and wood finishes

Exclusive Penthouse Privileges

Dual kitchens (open and closed)
En-suite bathrooms and walk-in closets in every room
Dedicated rooms for guests and staff
Floor-to-ceiling windows, 14 m ceiling height

Social Amenities: Five-Star Hotel Comfort

The penthouse offers not only private but also building-wide ultra-luxury amenities:

Panoramic gym with breathtaking views
Yoga studio, spa, sauna, steam room, jacuzzi
Private cinema and lounge areas
Children’s playrooms and outdoor playgrounds
Concierge service, private beach areas, squash courts, valet parking

Location: The Prestige of Palm Jumeirah

Palm Jumeirah stands as one of Dubai’s most iconic addresses, offering unmatched prestige for investors.

Advantages of Palm Jumeirah

Proximity to world-renowned luxury hotels
Close to Nakheel Mall and The Pointe
Views of Atlantis The Royal and Burj Al Arab
Easy city access via Sheikh Zayed Road

Over the past five years, Palm Jumeirah has hosted the majority of ultra-luxury property sales in Dubai, maintaining its leadership in transactions above $10 million.

Investment Potential and Market Trends

Dubai’s luxury real estate market has shown a strong upward trend, especially since 2021. Property price growth (2021–2023): 75%
Prime segment annual price increase (2023): 16%

Advantages of Investing in Dubai

High rental yields: average 7–8% annually
Tax exemptions on rental income and capital gains
Long-term residency visas
Strong demand from international investors

Example: A property valued at $300,000 in Dubai can generate around $2,000 per month in rental income. The Como Residences penthouse in Palm Jumeirah is not only Dubai’s most expensive home but also a global symbol of prestige with its architecture, location, and investment potential. Dubai continues to be a safe and profitable haven for investors thanks to its high rental yields, tax benefits, and ever-growing demand. This record-breaking sale clearly highlights Dubai’s rising influence in the global real estate market.