AED 29,682,224
| Deal type | Below Market |
| Price | AED 29,682,224 |
| Saving | AED 4,537,776 (13.3%) |
| Bedrooms | 5 |
| Bathrooms | 7 |
| Size | 6746 sq.ft |
| Type | Penthouse |
| Status | Ready |
| Developer | Muraba Properties |
| Area / Master development | Palm Jumeirah |
| Sub-community / Phase | The Crescent |
| Community | Palm Jumeirah |
A furnished 5 bedroom penthouse in Muraba Residence on the East Crescent of Palm Jumeirah, asking AED 29,682,224 for a built-up area of 6,746 sq ft. At AED 4,400 per square foot, the asking rate is approximately 13.3 percent below a comparable 5 bedroom penthouse in the same building listed at AED 34,220,000 or AED 5,073 per sq ft. The unit is furnished in a contemporary Scandinavian style, designed by Pritzker Prize-winning RCR Arquitectes, and is vacant for immediate transfer.
The asking price of AED 29,682,224 translates to AED 4,400 per square foot. A comparable 5 bedroom penthouse in the same Muraba Residence building, measuring 6,745 sq ft, is listed at AED 34,220,000 or AED 5,073 per square foot. This places the subject unit approximately AED 4,537,776 or 13.3 percent below that comparable listing.
For additional context, DLD transaction records via Propsearch show a 2 bedroom unit in Muraba Residence transacting at AED 10,400,000 for 1,768 sq ft, equating to AED 5,882 per sq ft. While smaller units typically command higher per-square-foot rates, this transaction further supports the competitiveness of the subject penthouse at AED 4,400 per sq ft. The Property Finder average listing rate across all Muraba Residence units is AED 3,951 per sq ft, though this average includes the smaller apartment configurations and does not directly reflect penthouse values.
This benchmark is based on active listing prices and DLD transaction data accessed in September 2026. Buyers should commission an independent valuation and review complete DLD transaction records for penthouses in the building before making a purchase decision.
Muraba Residence is an exclusive low-density development by Muraba Properties on the East Crescent of Palm Jumeirah. Designed by RCR Arquitectes, the Spanish architectural firm that was awarded the 2017 Pritzker Architecture Prize, the building reflects a minimalist aesthetic focused on light, clean lines and spatial openness. Construction began in October 2014 and the project was completed by early 2017.
The 10-storey building contains only 46 apartments and 4 penthouses, for a total of approximately 50 residential units. According to DLD records, the project was valued at AED 106,500,000 at the time of registration. Penthouses feature private elevator lobbies, extended living areas, and expansive terraces designed to frame views of both the Dubai skyline and the Arabian Gulf.
This penthouse is furnished in a contemporary Scandinavian style, complementing the minimalist architectural language of RCR Arquitectes. The east-to-west orientation provides continuous natural sunlight throughout the day. Ultra-slim sliding glass doors blur the boundary between indoor and outdoor living, opening the expansive open-plan living and dining areas to the terrace and panoramic views. Floor-to-ceiling windows throughout the unit maximise the sweeping vistas across the sea and the Palm Crescent.
Muraba Residence offers residents a panoramic swimming pool spanning the width of the building and overlooking the Arabian Gulf. The wellness facilities include a vitality pool, a spa with crystal steam room and experience showers, and a fully equipped gym. Residents have access to a landscaped beach. Each penthouse has a private elevator lobby. The building provides concierge service, covered parking and 24-hour security.
Muraba Residence sits on the East Crescent of Palm Jumeirah. The East Crescent provides proximity to Nakheel Mall, The Pointe dining and entertainment destination, and the broader Palm Jumeirah waterfront promenade. The location offers connectivity to the Dubai mainland via the Palm Monorail and direct road access to Sheikh Zayed Road, Dubai Marina and the wider city.
The property details including bedroom count, built-up area, furnishing style, architectural attribution, view description, vacancy status and asking price are sourced from the agent brief received on 8 September 2026. The bathroom count of 7 is based on the Property Finder listing for this unit. The below-market classification is based on a comparison with a comparable 5 bedroom penthouse listing in the same building at AED 34,220,000, identified via property portals in September 2026. A DLD transaction for a 2 bedroom unit in the same building at AED 5,882 per sq ft provides supporting context. Muraba Residence has only 4 penthouses in total, limiting direct comparables. The claim of lowest-priced 5 bedroom penthouse in the building should be verified against all current listings, as at least one other 5 bedroom penthouse has previously been listed at a lower price on other portals. Project facts are sourced from Muraba Properties developer information, Propsearch DLD records and property portal data. Buyers are advised to conduct independent due diligence including a RERA-registered valuation, DLD transaction history review and physical inspection.
The asking price is AED 29,682,224 for a built-up area of 6,746 sq ft, which works out to approximately AED 4,400 per square foot. The unit is fully furnished in a contemporary Scandinavian style.
A comparable 5 bedroom penthouse in the same Muraba Residence building with a similar built-up area of 6,745 sq ft is listed at AED 34,220,000, equating to AED 5,073 per sq ft. At AED 29,682,224, the subject unit is approximately AED 4,537,776 or 13.3 percent below that comparable listing. Additionally, a recent 2 bedroom DLD transaction in the same building recorded AED 5,882 per sq ft, further supporting the competitiveness of this rate. These are listing and transaction comparisons; buyers should verify independently.
Muraba Residence was designed by RCR Arquitectes, a Spanish firm that won the Pritzker Architecture Prize in 2017. The development was built by Muraba Properties, with construction starting in 2014 and completion in early 2017. It is a 10-storey building on the East Crescent of Palm Jumeirah with only 46 apartments and 4 penthouses.
The penthouse spans 6,746 sq ft across 5 bedrooms and 7 bathrooms. It is furnished in a contemporary Scandinavian style, features ultra-slim sliding glass doors for seamless indoor-outdoor flow, an east-to-west orientation for continuous natural sunlight, floor-to-ceiling windows and sweeping unobstructed views of the sea and Palm Crescent. Access is via a private elevator lobby.
Residents have access to a panoramic swimming pool overlooking the Arabian Gulf, a vitality pool, spa with crystal steam room and experience showers, a fully equipped gym, landscaped beach access, private elevator lobbies, concierge service and 24-hour security.
Yes. The agent describes the unit as vacant and ready for immediate occupancy or transfer.
Muraba Residence has only 4 penthouses within the entire building, alongside 46 apartments, for a total of approximately 50 residential units. This scarcity contributes to the exclusivity of penthouse ownership in the development.
The below-market classification is based on a comparison with another penthouse listing in the same building and a DLD transaction in the building at a higher rate per sq ft. These are not guarantees of value. Buyers should independently verify the asking price against DLD records, commission a RERA-registered valuation, confirm the furnishing inventory, and inspect the property before making a purchase decision.
Buyer costs
Dubai transfer costs for an ready unit. Every figure editable — NOC is set by the developer and varies.
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Total cost
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Full payment schedule and unit details are released to qualified buyers on enquiry.
Indicative only and not a quotation. Excludes any balance payable to the developer, mortgage arrangement costs and service charges.
Finance
Indicative monthly repayment on a UAE bank mortgage.
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Indicative only, not an offer of finance and not advice. UAE loan-to-value caps depend on residency, property value and whether it is your first purchase, with tighter limits on off-plan. Rates move; confirm current terms with your bank or broker.
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