Emerald Palace Group (EPG), who is the Dubai-based master developer of upscale properties, including Raffles The Palm Dubai, Kempinski Hotel & Residences Palm Jumeirah and Hyde Hotel Dubai, has released just 33 two–six bedroom limited-edition uber-elite residences, penthouses and villas on the ever popular Palm Jumeirah. The elegant properties are beautifully furnished and offer a stunning view of the waterfront.
The top floors of Raffles The Palm Dubai house 3 exquisite triplex-penthouses with a sea-facing home office, formal and casual dining rooms and skillfully crafted ensuite bedrooms. Not forgetting the spacious terraces, which span across all 3 levels and feature a private lounge pool.
There are also 3 ready to move in and fully-furnished superlative 4-storey Royal Villas with a private garage and a world-class private spa. The residences boast crystal chandeliers, hand-made Italian furniture and high-quality marble. On the rooftop, occupants will enjoy a Jacuzzi whirlpool and a private swimming pool, which add to the ‘royal’ lifestyle.
Raffles The Palm Dubai is home to an array of unrivaled amenities, which include, but are not limited to the biggest private cinema on Palm Jumeirah, the signature Cinq Mondes Spa, a private beach, and the SOLA Jazz Lounge – which was awarded the Favorite Hotel Bar 2022 by Conde Nast Traveler Middle East.
One of the endless perks of property ownership in Raffles Residences & Penthouses is its unrestricted access to 24-hour a la carte services, such as a private concierge, personal chefs, florists, the signature Raffles Butler Service, personal trainers and much more.
As reported by Forbes Global Perspective, 3 villas on Palm Jumeirah were among the costliest properties worldwide that were sold last year (2022), which illustrates the strong demand for ultra-luxury residences on the iconic island. In Dubai, foreigners were 30% of the prime homebuyers in 2022, thanks to the emirate’s economic growth, the new infrastructure of the UAE, investment environment and its lucrative immigration regulations.
That said, the third most expensive property was a AED 600M (USD 163M) villa reportedly acquired by Indian billionaire, Mukesh Ambani. The 17th most expensive unit was the AED 302.5M (USD 82.3M) Casa Del Sole signature villa by Alpago Properties on the Billionaire’s Row, whereas a AED 280M (USD 76.2M) custom-made residence ranked 19th on the list.