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Ultra-luxury penthouse in Dubai sold by AHS Properties for $50 million

Top NewsUltra-luxury penthouse in Dubai sold by AHS Properties for $50 million

The One Canal penthouse, spanning 30,000 square feet, is an opulent skyscraper that cleverly combines four rooftop apartments.

The ultra-luxury real estate firm AHS Properties has announced the successful $50 million sale of a famous penthouse at the One Canal in Dubai. It’s one of the priciest penthouse buys in Dubai because the European billionaire’s family office bought it.

The One Canal penthouse, spanning 30,000 square feet, is a stunning sky home that cleverly combines four rooftop flats. Modern amenities include two private pools, a dedicated gym, a steam room, a sauna, a unique rooftop garden with a pool, opulent high ceilings, and two parking places. This architectural masterpiece is truly remarkable. 

Residents can enjoy breath-taking panoramic views that capture the grandeur of famous sites like the calm Dubai Canal, the Burj Khalifa, and the Burj Al Arab.

AHS claims that this milestone deal comes soon after the company’s November 2018 partnership with Fendi Casa, which signaled the beginning of the One Canal project.

The project had quick sales, with a $450 million gross development value. The penthouse sale is the last item in the inventory that is now available.

Everose Properties was the wealth management company in charge of the deal, and it was represented by Karl Shehfe and Gregory Mathieu.

The Fendi-branded project offers a unique setting for a select group of people, combining the roominess of an opulent home with stunning views of the city.

One Canal’s interior design was created by the internationally recognized interior design firm Hirsch Bedner Associates, while the building’s architecture was designed by renowned architect Shaun Killa, who also designed the unusual and breathtaking Museum of the Future.

“This mega sale to a European buyer is a testament to the vitality of Dubai’s luxury real estate scene,” stated Abbas Sajwani, CEO and Founder of AHS Properties, in response to the significant success. Because high net worth individuals are always drawn to the UAE and want to live in Dubai, this specialized market is well-positioned for future expansion.

By providing a combination of excellent sites and unrivaled amenities, AHS Properties is solidifying its position as a leader in the emirate’s premium real estate market and a beacon for international investors. Our objective is to elevate and redefine luxury. He continued by saying that the One Canal penthouse is the pinnacle of luxury and an example of this. 


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