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First Penthouse in the Ultimate Collection at Al Habtoor City is Sold


Tamleek Real Estate Co LLC, the exclusive sales agent for The Residence Collection, Al Habtoor City, says it has sold the first of twelve penthouses in the Ultimate Collection.

Brian Etemad, CEO, Tamleek said the demand for the wide range of product line up for sale at the exclusive development has been high since it was launched less than a month ago.

“We are delighted to have our first buyer for one of the unique penthouse apartments at Al Habtoor City. There are a limited number of penthouses and the interest has been high.” Etemad said.

“Whether buying a penthouse or a luxury apartment within Al Habtoor City, you are not only buying a home, you are buying a lifestyle choice,” he added. “Al Habtoor City has so much to offer, whereby the best of the lifestyles that Las Vegas (without the gambling), Macau, and Monte Carlo have to offer are included in a one-of-a-kind development with the Al Habtoor City. There is the added value from the three five-star hotels within the development, and the Leisure Collection, which incorporate a wide range of F&B outlets, a Dragone theatrical production exclusively choreographed for the development, a boulevard and a marina.”

The Residence Collection consists of three luxury towers boasting 1,460 apartments with choices from 1-7 bedrooms. In addition, there is a host of amenities for residents including a fully-equipped gymnasium, a state of the art tennis academy and the UAE’s largest pool deck.

The Ultimate Collection incorporates 12 penthouses ranging from 880 sq m to 2,786 sq m. There are two VIP penthouses, which cover four flours of luxury living space and boast spectacular 360 degree views of Dubai’s famous skyline. In addition, there are a range of Simplex and Duplex Penthouses within the collection. The penthouses range from AED 66,237,888 to AED 209,844,888 depending on the configuration.

Mohammed Al Habtoor, Vice-Chairman and CEO, Al Habtoor Group said, “Al Habtoor City has been a highly-anticipated development from day one. We are delighted with the reception and high interest from prospective buyers of The Residence Collection. We have a unique product to offer. Al Habtoor City is a destination in its own right. It is located in a prime location on Sheikh Zayed Road and directly on The Dubai Water Canal.”

He added, “The sale of the first penthouse apartment is an important milestone for the Al Habtoor City.”

Tamleek Real Estate Co. LLC is based in Emaar Square, Downtown Dubai. It also has a Sales Office onsite at The St. Regis Dubai at Al Habtoor City. In addition, it has a stand at the Mall of Emirates where it is showcasing the unique development.

The Hotel Collection includes three Starwood hotels; The St. Regis Dubai, which opened late last year, the W Dubai – Al Habtoor City and The Westin Dubai, Al Habtoor City, which are due to open in the coming months.