Wed, Jun 8, 2022
Signature Developers has sold the last of its penthouses at the striking Residences JLT in Dubai for AED36 million ($9.8 million), proving that luxury real estate continues to dominate the market.
Conveniently located aloft the famed Taj Hotel, The Residences occupy the upper floors of the fascinating superstructure. The project draws in ultra-high net worth (UHNW) clien-tele through an unobstructed view of sprawling greens, state-of-the-art security, exquisite furnishings, access to five-star amenities, and 3.6 m high floor to window ceilings.
The full-floor spectacular penthouse has an area of 11,200 sq ft, offering cutting-edge home automation, apart from plush wall-to-wall decor, private elevator access, and a be-spoke study, perfectly in line with the recent trend of working from home.
The sale marks an already pre-established confidence in the luxury property market. With no sign of slowing down, Signature Developers plans on capitalising and redefining ‘luxury family living’ with a new development in the pipeline, the statement said.
With a track record of successful high-rises in its portfolio, the developer is now shifting focus and expanding its luxury footprint by developing a limited number of bespoke villas in proximity to the golf course at Jumeirah Golf Estates that will feature unparalleled fin-ishing and pristine views within a gated-community, it said. The project is slated for completion by Q3 2025.
-
Damac launches luxury Autograph Collection
Mon, Mar 25, 2024 -
Dar Global launches Trump Villas in Oman
Tue, Mar 5, 2024 -
Emaar launches $26bn new lifestyle projects
Thu, Feb 29, 2024 -
Omniyat expands ultra-luxury portfolio
Thu, Jan 25, 2024 -
Largest penthouse in Dubai goes on sale for $163m
Wed, Jan 3, 2024 -
NEOM announces Norlana community
Sun, Dec 31, 2023 -
Bahrain Marina Residences first phase sold out
Tue, Dec 26, 2023 -
Ultra-luxury mansions launched in Dubai
Wed, Nov 22, 2023 -
Missoni-branded residences in RAK
Wed, Nov 22, 2023 -
Forbes Towers to have experiential sensory design façade
Wed, Nov 8, 2023 -
Reality of Luxury Realty
Autumn 2023 -
Ultra-luxury penthouse sold for $50m in Dubai
Wed, Oct 25, 2023 -
Dubai busiest market for $10m+ homes
Wed, Oct 4, 2023 -
New Damac Casa offers ‘vertical island living’
Tue, Oct 3, 2023 -
$8bn 'Venice' to come up in Dubai South
Thu, Sep 28, 2023