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Dubai penthouse at Armani Beach Residence fetches AED92.5 mil amid Middle East conflict
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Dubai penthouse at Armani Beach Residence fetches AED92.5 mil amid Middle East conflict
Despite ongoing tensions within the Middle East, an off-plan penthouse in Dubai’s ultra-luxury waterfront development Armani Beach Residence has been sold for AED92.5 million ($32.1 million), real estate agency eXp Realty Dubai said on March 12. The transaction “reflects sustained demand from high-net-worth buyers seeking premium real estate assets within the emirate”, the company added. Spanning 11,520 sq ft, the penthouse has five bedrooms and…
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