A luxury "penthouse" in Dubai sold for 50 million dirhams

The sold penthouses are located in 118 Downtown.

From the source

Signature Developments, the developer of 118 Downtown, revealed the sale of one of three penthouses in the luxury tower, for 50 million dirhams.

The company said in a statement yesterday that the new tower is located in the center of Dubai, and it consists of 44 floors, and includes 28 housing units, including apartments from four to six bedrooms, extending over an area of ​​an entire floor, in addition to three apartments "luxury penthouses".

The tower also includes a luxurious 30,000 square feet poolside garden, a podium, and a fitness center.

The tower provides 24-hour maintenance and concierge services, as well as valet parking.

“In the company, we strive to build a community that offers a modern style of living for people who value luxury and peace of mind,” said Sunil Nehalan, representative of Signature Developments.

He added, "Luxury is not the only factor that attracts real estate investors from the state or abroad, but the application of the highest standards of security and privacy plays a major role when making purchasing decisions, which we are working to provide around the clock."

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