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.
-
Manhattan townhouse on market for $18m
Mon, Jun 27, 2016 -
Brexit throws up asset opportunities
Sun, Jun 26, 2016 -
Mayfair’s ‘Little White House’ up for sale
Tue, Jun 21, 2016 -
Cluttons names Strong as Dubai head
Sun, May 29, 2016 -
Alef Residences unveils show apartment
Wed, May 25, 2016 -
Beauchamp Estates buoyed by show response
Tue, May 10, 2016 -
5-bed luxury penthouse on market
Thu, May 5, 2016 -
Emaar’s Tower woos wealthy Britons
Mon, May 2, 2016 -
Yas Island luxury villas go on sale
Mon, Apr 11, 2016 -
London townhouse a bargain at $15m
Fri, Apr 8, 2016 -
Royal residences offer high living
Mon, Apr 4, 2016 -
Chestertons closes $166m sales for Mideast investors
Sun, Apr 3, 2016 -
Wealthy Emiratis buying into New York, London
Thu, Mar 17, 2016 -
Brokerage woos Gulf buyers with Paris homes
Mon, Mar 14, 2016 -
Mayfair for millionaires only!
Tue, Mar 1, 2016