Penthouse at FIVE Luxe JBR sold for AED 50M in just three days
Dubai, United Arab Emirates, May 23, 2023: Penthouse.ae, a luxury division of Metropolitan
Premium Properties, a Dubai-based full-service real estate agency, has closed one of the fastest
big-ticket transactions this year – an uber-luxury five-bedroom penthouse in the FIVE Luxe JBR
The deal, which further solidifies the agency’s position as the go-to destination for ultra-luxury
properties, was concluded for AED 50 million in just three days. The buyer, a first-time investor
from the Netherlands, is expanding his business to Dubai, recognising the city’s thriving
economy and unparalleled business opportunities. The unit is expected to be handed over by
the end of 2024.
The deal was closed by Penthouse.ae Sales Executive, Kaarle Harju, who was also involved last
month in the sale of five units worth AED 125 million at SLS Residences, an upcoming branded
development located in Palm Jumeirah. The agency also closed another deal for a full floor for
AED 30 million at The Residence – Burj Khalifa to a Central American buyer. Also, at a recent
open house, the luxury division sold a four bedroom contemporary villa on the Palm Jumeirah
for AED 47 million designed by top Dutch interior designer, Eric Kuster.
Petri Mannila, Sales Director of Penthouse.ae, said: “This transaction not only marks a
significant milestone for the agency but also demonstrates the continued interest in the Dubai
real estate market from international investors. The completion of the sale in just three days
reflects our team’s commitment to exceptional service, efficiency and the trust investors place
Metropolitan Premium Properties was the top-selling brokerage in 2022 and during the first
four months of this year for FIVE Holding and the FIVE Luxe JBR Sensoria Tower.
Spanning over 7,900 square feet, the five-bedroom penthouse at FIVE Luxe JBR Sensoria is a
testament to grandeur and sophistication. Residents of FIVE Luxe JBR Sensoria will revel in a
world of exclusivity, as the tower offers only 45 exceptional apartments starting from three
2 bedrooms. Additionally, each resident will have their own private entrance, further enhancing
the sense of privacy and individuality.
Developed by FIVE Holding, the Sensoria Tower is the closest tower to JBR beach, providing
residents with unparalleled access to breathtaking coastal views. Adding to the allure of the
tower is the dock in front of the building, which will feature Lio, a renowned entertainment
venue and restaurant from Ibiza, Spain, further enhancing the luxury living experience.