An extraordinary residential property, located in Dubai’s most famous building, has entered the market with an asking price of $49,500,000 (Dh180 million). The residence has been dubbed a “once in a lifetime opportunity purchase.” It is currently the tallest apartment in the world.
Positioned on the two highest residential floors of the Burj Khalifa, this unique apartment has remained a closely guarded secret for 13 years. It was originally reserved as the intended residence for one of Dubai’s prominent celebrities.
Introducing the Tallest Apartment in the World
Situated on the 107th and 108th levels of the iconic Burj Khalifa (the world’s tallest structure measuring 828 meters), this expansive dwelling is known as the ‘Sky Palace. It encompasses 21,000 square feet across two stories, making it the largest duplex penthouse in Downtown Dubai. The property features its own private elevator and boasts twelve designated parking spaces.
Soaring 460 metres above ground, this “definitive status symbol” offers unparalleled 360-degree panoramic views of the Arabian Gulf, Palm Jumeirah, and the Ras Al Khaimah mountains. As Asad Khan, CEO of Invest Dubai Real Estate (IDRE), notes, it “stands to be one of the world’s most eye-catching homes.”
The space currently exists as a shell and core design, requiring approximately $5m (Dh18.3 million) in renovations to realize its potential as an elite luxury residence. This blank canvas offers the unique opportunity for buyers to customize their dream home within this globally recognized structure. Adding to its appeal, investors have the rare option to purchase commercial space within the same tower, creating a seamless live-work environment.
Mr Khan said: “The Sky Palace at the Burj Khalifa is the highest and most spectacular residential property in the world on top of the world’s tallest tower in the world. This makes it the ultimate trophy property on the planet right now.”
“The views from the penthouse are simply incredible and this is a once in a lifetime opportunity to purchase an apartment on one of the globe’s most iconic buildings. I have visited the Sky Palace many times and every time it takes my breath away.”
“The property is currently on the market for £40million and the fact it’s an empty shell means any potential buyers can design and shape the penthouse exactly how they wish.”
In Dubai’s thriving property market, the investment potential is particularly noteworthy.
“We have seen similar properties in New York, Hong Kong and Toyko being listed from $249 million and upwards so expect Sky Palace to fetch for more than $112 million once it has been transformed inside.”
Burj Khalifa Resident Facilities
Future occupants will enjoy exclusive access to numerous Burj Khalifa amenities, including a private residents lounge on level 123, outdoor jacuzzis and pools on floors 43 and 76, a 25-metre swimming pool, and dual premium spas.
Additional privileges encompass private gated gardens, playground facilities, a nursery, three fitness centers, tennis courts, and access to the Armani Hotel’s offerings.
While the uppermost 40 floors house commercial offices, the building’s remaining residential units maintain 99 percent occupancy.
Mr Khan, whose firm IDRE specializes in prestigious properties and confidential listings, concluded: “IDRE are the exclusive brokers for the Sky Palace which makes this a very exciting proposition for us. We’ve already received lots of interest in the property and cannot wait to see who eventually purchases what will be one of the most eye-catching homes in the world.”
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