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A record-breaking expensive “marble palace” in Dubai is for sale

A record-breaking expensive “marble palace” in Dubai is for sale

28 June 2023

A villa worth 749 million AED ($204 million) has been put up for sale in Dubai. At the moment, this is the most expensive house in Dubai, despite the growth of the luxury real estate market.

For $ 204 million, the buyer will receive a mansion in the Versailles style (also known as French Baroque) with an area of 5574 m2, on a plot of 6500 m2.

The house has five bedrooms, the area of the largest of them is 371 m2. There is also a garage for 15 cars, 19 bathrooms, two swimming pools (outdoors and indoors), an aquarium for 80 thousand liters, its own power substation and several armored shelters in case of emergencies.

The house is decorated with Italian marble and gold leaf. Its construction took 12 years and was completed in 2018. The first owner was a top manager of one of the local real estate developers, who wished to remain anonymous. Among realtors, the villa has received the unofficial name “marble palace”.

At the moment, there is only one property in Dubai more expensive than the “marble palace” — a penthouse in Bugatti Residences residential complex worth 750 million AED ($ 204.19 million), nicknamed the “heavenly mansion”. It will be completed in 3 years. Among other things, the developer promises the buyer an elevator for cars.

Contact the ARAVANA Multifamily Office, we work with the developer directly, we will choose the right property for you and agree on all the terms of the transaction. Leave a request in the form below and we will contact you as soon as possible.

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    ARAVANA Capital management
    28 June 2023
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