Step inside Dubai’s most expensive house which is up for sale at Rs 1,600 crore; Indian among buyers
In Dubai, the place luxurious actual property is in excessive demand, a palace paying homage to Versailles is available on the market for 750 million dirhams ($204 million or Rs 1,600 crore), being the most expensive dwelling there. Despite solely having 5 bedrooms, the house within the coveted Emirates Hills neighbourhood boasts 60,000 sq. toes of inside area: The master suite exceeds the scale of most houses at 4,000 sq. toes. There are areas for leisure and eating on the bottom stage.
A 15-car storage, 19 restrooms, indoor in addition to outside swimming pools, two roofs, an 80,000 litre (21,000 gallon) coral reef aquarium, {an electrical} substation, and emergency rooms are among the opposite options. It is located in a gated neighbourhood on a 70,000 sq. foot property with views of a golf course.
The developer could promote or hire a close-by property of round 6,000 sq. toes that may be used for a tennis or padel ball court docket. His and her restrooms are included in the principle suite. Each visitor room is round 1,000 sq. toes, with the second-biggest bed room suite measuring 2,500 sq. toes. One of the visitor rooms is now set up as a wine cellar. There are two financial institution vaults, 12 employees rooms, and sufficient for up to 25 folks.
Fascinating options of ‘Marble Palace’
The constructing, termed the “Marble Palace” by the actual property brokers, was constructed with Italian marble stone that price between 80 and 100 million dirhams. The property is being offered by Luxhabitat Sotheby’s International Realty. Construction took near 12 years and was completed in 2018.
The Marble Palace is greater than twice as expensive per sq. foot than comparable residences in Emirates Hills, promoting for 12,500 dirhams. According to Dubai property information, the most expensive house ever offered within the space was for 210 million dirhams in August 2022, or 5,614 dirhams per sq. foot.
(Photos credit score: Luxhabitat Sotheby’s International Realty)
Potential buyers
Only 5 to 10 potential purchasers are considered prosperous sufficient and within the Marble Palace’s look, in keeping with dealer Kunal Singh’s estimation. According to Singh, simply two individuals have seen the house within the final three weeks.
One would wish to search out out a strategy to transport that a lot money, maybe a Russian who had a consultant assessment the property. The second buyer is an Indian who already has three residences in Emirates Hills; Singh claims that his spouse is undecided and leaning in the direction of one thing a bit modern.
