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US$136 million for an apartment in Dubai that does not yet exist: the story behind the record sale

Dubai is the city of constant real estate movement where colossal sums are invested in buildings. A new project has begun in Dubai that promises to break records: a 2043-meter tower for the most ambitious investors.

This site, called Como Residences, was announced in January of this year and has already sold some of its apartments. The investment in this project is an exorbitant figure for a tower that has 71 floors, something common in the city but still breaking records compared to other places in the world.

A mega tower in Dubai and the most exorbitant sale for an apartment that does not yet exist.

Una mega torre en Dubái y la venta más exorbitante por un apartamento que aún no existe

The Como Residences has already surpassed several records, although it is still not completed. Besides its height, this site has already sold the first apartment in the tower for an incredible value: US$136 million (500 million Emirati dirhams). According to various data from real estate experts, this residence is the third most expensive in the world, and this list includes the Penthouse D at One Hyde Park in London, priced at US$237 million, and the Odeon Tower Penthouse in Monaco, valued at US$440 million.

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Before this record, another millionaire sale was registered for an apartment with similar characteristics, such as Marsa Al Arab, which sold for US$114 million. Meanwhile, the rest of the apartments in the massive tower, which will have 71 floors, will be priced at US$5.7 million and will feature two to seven bedrooms.

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Cómo es la torre de lujo que revoluciona todo Dubái

The Como Residences tower stands as one of the many luxury buildings in Dubai, where there are no limits and luxuries are infinite. This 71-story building features “modular” apartments with two to seven bedrooms, as well as two residences that can be accessed privately with an elevator.

This site is built on Palm Jumeirah, whose design also attracts architecture enthusiasts. This space is shaped like a palm tree, but it also takes on a crescent shape. In addition to apartments, this location includes a penthouse with five bedrooms and an infinity pool with a panoramic view of Dubai’s iconic landmarks, such as the Burj Khalifa and the Burj Al Arab.

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El edificio más nueva: todos los detalles de la torre especial de Dubái

As is common with this type of buildings, comfort is the primary premise for those who want to enjoy an unparalleled residence, with amenities that are not found everywhere in the world. Como Residences also features a private beach, a 25-meter training pool, and an infinity pool. The terrace will also have a 360-degree view of the best sites in the city, such as Burj Khalifa and Burj Al Arab.

Although it is not yet finished, this “vertical city” is expected to be ready by 2027. In addition to the aforementioned amenities, the complex will include a paddle court, a sports pavilion, concierge service, a spa, relaxation areas, a business center, shopping centers, and a children’s park. Meanwhile, the apartment constructions will be made with marble and wood, giving it a luxurious finish that is prized by architecture lovers. The average price of each home varies according to its size, with two-bedroom units costing around $5 million, while six-bedroom properties can reach up to $26 million. The official website offers a financing and delivery system scheduled until the end of 2026.

Alfonsina Murialdo
Alfonsina Murialdo
Periodista de la Universidad Nacional de La Plata en Argentina. Especialista en inversiones y Real Estate en Dubai y todo Emiratos Árabes Unidos.

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