Penthouse by Dubai’s Iconic Burj Khalifa Sells for AED 139 Million
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Penthouse by Dubai’s Iconic Burj Khalifa Sells for AED 139 Million

The home sets a record for the priciest deal inked in the district surrounding the tallest building in the world

By LIZ LUCKING
Wed, Jun 5, 2024 7:42amGrey Clock 2 min

A mansion-sized Dubai penthouse has sold for AED 139 million (US$37.8 million), a record high for the neighborhood surrounding the city’s iconic Burj Khalifa skyscraper, according to an announcement Monday from the building’s developer, Omniyat.

The four-bedroom home is within the Lana Residences, Dorchester Collection, a hotel and residential property managed by the luxury hospitality brand that opened in April in the Burj Khalifa district, the area named for the world’s tallest building.

Courtesy of Omniyat

Designed by London-based architecture firm Foster + Partners and with interiors by French design duo Gilles & Boissier, the penthouse—one of 39 units at the building—spans close to 16,600 square feet and boasts open spaces, natural materials and views of the Marasi Bay Marina and Dubai skyline.

There are also floor-to-ceiling windows, towering ceilings and a terrace with a pool, according to listing photos.

The penthouse has almost 16,600 square feet of living space.
Courtesy of Omniyat

“It’s a sanctuary in which every detail has been thoughtfully curated to evoke a sense of harmonious balance,” Mahdi Amjad, founder and executive chairman at Omniyat, said in a statement.

Mansion Global couldn’t identify the buyer of the apartment.

The building itself offers residents valet parking, an outdoor pool and all of the facilities at the connected hotel, which includes restaurants, garden terraces, cocktail bars, a cigar lounge, a Dior-branded spa and a gym.

Dubai’s property market has enjoyed a major upswing since the pandemic, complete with scores of record-breaking deals and surging home prices.

In the first quarter of the year, the city was the world’s hot spot for super-prime property purchases, with 105 homes priced at US$10 million or more changing hands in the three-month period.



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Property of the week: Penthouse, 601/12 Baptist St, Redfern

A Sydney site with a questionable past is reborn as a luxe residential environment ideal for indulging in dining out

By KIRSTEN CRAZE
Fri, Oct 18, 2024 2 min

Long-term Sydney residents always had handful of not-so-glamourous nicknames for the building on the corner of Cleveland and Baptist Streets straddling Redfern and Surry Hills, but after a modern rebirth that’s all changed.

Once known as “Murder Mall” or “Methadone Mall”, the 1960s-built Surry Hills Shopping Centre was a magnet for colourful characters and questionable behaviour. Today, however, a $500 million facelift of the site — alongside a slow and steady gentrification of the two neighbouring suburbs — the prime corner property has been transformed into a luxury apartment complex Surry Hills Village by developer Toga Group.

The crowning feature of the 122-apartment project is the three-bedroom penthouse, fully completed and just released to market with a $7.5 million price guide.

Measuring 211sqm of internal space, with a 136sqm terrace complete with landscaping, the penthouse is the brand new brainchild of Surry Hills local Adam Haddow, director of architecture at award-winning firm SJB.

Victoria Judge, senior associate and co-interior design lead at SJB says Surry Hills Village sets a new residential benchmark for the southern end of Surry Hills.

“The residential offering is well-appointed, confident, luxe and bohemian. Smart enough to know what makes good living, and cool enough to hold its own amongst design-centric Surry Hills.”

Allan Vidor, managing director of Toga Group, adds that the penthouse is the quintessential jewel in the crown of Surry Hills Village.

“Bringing together a distinct design that draws on the beauty and vibrancy of Sydney; grand spaces and the finest finishes across a significant footprint, located only a stone’s throw away from the exciting cultural hub of Crown St and Surry Hills.”

Created to maximise views of the city skyline and parkland, the top floor apartment has a practical layout including a wide private lobby leading to the main living room, a sleek kitchen featuring Pietra Verde marble and a concealed butler’s pantry Sub-Zero Wolf appliances, full-height Aspen elm joinery panels hiding storage throughout, flamed Saville stone flooring, a powder room, and two car spaces with a personal EV.

All three bedrooms have large wardrobes and ensuites with bathrooms fittings such as freestanding baths, artisan penny tiles, emerald marble surfaces and brushed-nickel accents.

Additional features of the entertainer’s home include leather-bound joinery doors opening to a full wet bar with Sub-Zero wine fridge and Sub-Zero Wolf barbecue.

The Surry Hills Village precinct will open in stages until autumn next year and once complete, Wunderlich Lane will be home to a collection of 25 restaurants and bars plus wellness and boutique retail. The EVE Hotel Sydney will open later in 2024, offering guests an immersive experience in the precinct’s art, culture, and culinary offerings.

 

The Surry Hills Village penthouse on Baptist is now finished and ready to move into with marketing through Toga Group and inquiries to 1800 554 556.

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