What is the asking price of this penthouse at Imperial Avenue?
The asking price is AED 12,800,000 for a brand-new 5,151 sq ft four-bedroom penthouse with a full Burj Khalifa view at Imperial Avenue, Downtown Dubai.

AED 12,800,000
| Deal type | Below Market |
| Price | AED 12,800,000 |
| Bedrooms | 4 |
| Size | 5151 sq.ft |
| Type | Penthouse |
| Status | Ready |
| Developer | Shapoorji Pallonji |
| Area / Master development | Downtown Dubai |
| Sub-community / Phase | Imperial Avenue |
| Community | Downtown Dubai |
This brand-new four-bedroom penthouse at Imperial Avenue in Downtown Dubai is offered at AED 12,800,000 for 5,151 sq ft, with a full view of Burj Khalifa according to the agent. The building was completed by Shapoorji Pallonji in 2025, and the agent describes this as a distress deal. The asking price works out to about AED 2,485 per sq ft.
The agent's brief of 9 October 2026 describes this as a distress deal and as the cheapest such penthouse on the market. No original purchase price, registered transaction or dated market comparison was supplied, so DPF has not calculated a discount and has not verified the cheapest-in-market claim.
To judge the price, compare the rate of about AED 2,485 per sq ft against recent registered penthouse sales in Imperial Avenue and comparable Downtown Dubai towers, and ask the seller for the original SPA or title deed.
Imperial Avenue is a 45-storey residential tower in Downtown Dubai by Shapoorji Pallonji, delivered through its SP International Property Developers arm. The developer received the building completion certificate and began handovers in 2025. The tower offers one- to five-bedroom apartments, penthouses and podium villas with private pools, with views towards Burj Khalifa and the Dubai Canal. Facilities include infinity pools, a fitness centre, recreational areas, a 10,000 sq ft lobby and smart home features.
Downtown Dubai is the city's central district around Burj Khalifa and The Dubai Mall, with the Dubai Opera, Boulevard dining and direct links to Business Bay and DIFC.
The agent describes a brand-new 5,151 sq ft four-bedroom penthouse with a full Burj Khalifa view. Floor level, bathroom count, parking, terrace size and furnishing were not supplied. Request the floor plan and confirm the view in person.
The building is completed, so the unit can transfer through the standard Dubai Land Department process once the title deed is issued. Confirm whether handover has taken place, whether any balance remains payable to the developer, service charges and DLD transfer costs.
Downtown Dubai has road access via Sheikh Zayed Road and Al Khail Road and is served by the Burj Khalifa/Dubai Mall Metro station. Check actual travel times for your own routes.

The asking price is AED 12,800,000 for a brand-new 5,151 sq ft four-bedroom penthouse with a full Burj Khalifa view at Imperial Avenue, Downtown Dubai.
At AED 12,800,000 for 5,151 sq ft, the asking price works out to about AED 2,485 per sq ft.
The agent describes it that way, but DPF has not verified the claim. Compare recent registered penthouse sales in Imperial Avenue and Downtown Dubai.
Yes. Shapoorji Pallonji completed Imperial Avenue in 2025, received the building completion certificate and began handovers.
Facilities include infinity pools, a fitness centre, recreational areas, a 10,000 sq ft lobby and smart home features.
Confirm the handover and title deed status, any developer balance, service charges, transfer costs and the exact view.
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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Monthly payment
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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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