Distress Deal: Full-Floor Penthouse in Como Residences, Palm Jumeirah – 360° Sea View | AED 54,000,000

AED 4.5M Below OP | Full-Floor 4BR Penthouse | 9,816 sq.ft | 360° Sea View | Como Residences, Palm Jumeirah

One of the most extraordinary distress opportunities currently available in the Dubai ultra-luxury residential market. This full-floor, 4-bedroom penthouse in Como Residences — the most prestigious and architecturally significant new development on Palm Jumeirah — is offered at AED 54,000,000, representing a saving of AED 4,500,000 (approximately 7.7%) below the original price of AED 58,500,000. At 9,816 sq.ft (911 m²) across an entire floor with 360° panoramic sea views encompassing the full Arabian Gulf, the Dubai skyline, the Palm Jumeirah crescent, and the Burj Al Arab, this is not simply a penthouse — it is a private sky estate at an altitude where the horizon disappears into the Gulf on every side. The seller has already paid 70% to the developer. The buyer assumes two defined remaining obligations: 10% (AED 5,617,380) due on 30 April 2026 and 20% (AED 11,234,760) on handover in Q3 2027. The total buyer cost of AED 54,000,000 delivers not only the most exceptional private residence currently in delivery on Palm Jumeirah but does so at AED 4,500,000 below what the seller originally paid — a discount that, at this tier of asset, represents one of the most compelling value propositions in Dubai’s luxury real estate history.

Property Highlights

• Project: Como Residences
• Developer: Nakheel
• Community: Palm Jumeirah, Dubai
• Unit Type: Full-Floor Penthouse — 4 Bedrooms
• Size: 9,816 sq.ft (911 m²)
• Floor: Full floor — upper level penthouse position
• View: 360° panoramic sea view — Arabian Gulf, Dubai skyline, Burj Al Arab, Palm crescent
• Asking Price: AED 54,000,000 (distress sale)
• Original Price (OP): AED 58,500,000
• Saving vs OP: AED 4,500,000 (approximately 7.7% below original price)
• Price per Sq.ft: AED 5,502 per sq.ft
• Payment Status: 70% already paid by seller
• Remaining Instalment 1: AED 5,617,380 (10%) — due 30 April 2026
• Remaining Instalment 2: AED 11,234,760 (20%) — on Handover Q3 2027
• Total Remaining to Developer: AED 16,852,140
• Handover: Q3 2027
• Status: Off-Plan – Distress Property – 70% Paid
• Ownership: Freehold – Open to all nationalities

Payment Structure — Full Breakdown

• Already Paid to Developer (70%): Funded by seller — buyer benefits from this position
• To Seller (Net): AED 54,000,000 minus remaining developer obligations = approximately AED 37,147,860
• Instalment 1 — To Developer: AED 5,617,380 (10%) due 30 April 2026
• Instalment 2 — To Developer on Handover: AED 11,234,760 (20%) due Q3 2027
• Total Buyer Cost: AED 54,000,000
• DLD Transfer Fee (4%): Approximately AED 2,160,000

About Como Residences – Palm Jumeirah, Dubai

Como Residences is, by any objective measure, the single most significant ultra-luxury branded residential development currently in delivery on Palm Jumeirah — and one of the most architecturally ambitious residential projects in the history of Dubai real estate. Developed by Nakheel, the master creator of Palm Jumeirah itself, and conceived in partnership with the Como Hotels and Resorts brand — one of the world’s most respected and discerning luxury hospitality organisations — Como Residences rises as a twisting sculptural tower above the Palm Jumeirah trunk, offering residents an address and a living experience that is without equivalent anywhere in the emirate. The development has been designed from the ground up around the proposition that the highest possible quality of life, privacy, and environmental connection can be achieved within an ultra-luxury vertical residence. The Como Hotels and Resorts brand brings to Como Residences the same philosophy of quietly sophisticated luxury that has defined the brand’s properties in Tuscany, Bali, the Maldives, and London — translated into the context of Palm Jumeirah’s extraordinary coastal setting. For residents of the full-floor penthouse at Como Residences, this is not merely a world-class home. It is the apex address of one of the world’s most iconic man-made geographies, delivered by two organisations whose combined commitment to quality has no precedent in Dubai.

Community and Lifestyle

• Como Residences occupies a landmark position on Palm Jumeirah — the world’s most famous man-made island and one of the most recognisable addresses on earth
• The Como Hotels and Resorts managed service model delivers the brand’s signature quiet luxury hospitality including personalised concierge, Como Shambhala wellness programme, in-residence dining by Como Cuisine, and an amenity infrastructure conceived specifically for the Como Residences community
• Full-floor penthouse residents command a 360° visual panorama that encompasses the entire Arabian Gulf from every vantage point — a view that is as complete and unobstructable as the earth’s curvature allows from a coastal elevation
• Palm Jumeirah provides residents with direct access to some of Dubai’s most celebrated hotel, beach, dining, and entertainment infrastructure — including Atlantis The Palm, the Waldorf Astoria Palm Jumeirah, Nobu Restaurant, and the Palm Jumeirah Boardwalk
• The Palm Jumeirah Monorail connects residents to Atlantis and the Palm Gateway, with Sheikh Zayed Road accessible via the Palm Jumeirah tunnel
• Suited exclusively to the most discerning high-net-worth individuals, ultra-high-net-worth investors, and institutions seeking a singular, irreplaceable asset at the absolute pinnacle of Dubai’s residential market

Amenities

• Como Shambhala Wellness — the brand’s globally recognised integrative wellness programme delivered within Como Residences
• Private beach for Como Residences residents — direct Arabian Gulf beachfront access
• Infinity swimming pool with panoramic Palm Jumeirah and sea views
• Como Cuisine — in-residence dining managed by Como Hotels’ culinary team
• Full-service spa and treatment rooms — Como Shambhala standard
• Fully equipped fitness centre and movement studio
• Residents-only lounge and social spaces designed by Como
• Private yacht or boat berth access (subject to developer confirmation)
• Children’s club and family facilities
• Valet parking and private lift access for penthouse residents
• 24-hour butler and concierge — Como Hotels service standard
• 24-hour security and building management
• Premium hotel-standard lobby and arrival experience
• Housekeeping and property management services

Layout and Floor Plan — Full-Floor Penthouse

This full-floor penthouse in Como Residences occupies an entire floor of the tower — 9,816 sq.ft (911 m²) of private sky residence configured as 4 bedrooms, designed by Como Hotels and Resorts to the absolute pinnacle of luxury residential specification. At this scale and at this elevation, the layout is conceived not as an apartment but as a private villa in the sky — a living environment with no equivalent in Dubai’s residential market. A penthouse of 9,816 sq.ft across a full floor at Como Residences would be expected to include an extraordinary principal living and reception suite, a formal dining area of commanding scale, a master bedroom suite of palatial proportions with dressing rooms, walk-in closets, and an en-suite bathroom designed to Como Shambhala wellness standards, three further bedroom suites each with private bathrooms, a full gourmet kitchen and service kitchen, multiple terrace and outdoor living areas with 360° Arabian Gulf views, staff quarters, utility and storage areas, and private lift lobby access. Every material, fixture, and fitting in the unit is specified to Como Hotels’ highest global standard — the same standard applied across the brand’s properties in Tuscany, Bali, the Maldives, and beyond. The detailed architectural floor plan, full specification document, and interior design presentation for this specific full-floor penthouse in Como Residences are available on request to qualified buyers only. Please contact us to arrange access to the complete documentation package.

Payment and Handover

This is an off-plan secondary market distress sale with 70% already funded by the seller. The total buyer cost of AED 54,000,000 is deployed as follows:

• Original Price (OP): AED 58,500,000
• Asking Price (SP): AED 54,000,000
• Saving vs OP: AED 4,500,000 (approximately 7.7%)
• Already Paid to Developer (70%): Fully funded by seller — buyer inherits this position
• Instalment 1 — 10% to Developer: AED 5,617,380 — due 30 April 2026
• Instalment 2 — 20% to Developer on Handover: AED 11,234,760 — due Q3 2027
• Total Remaining to Developer: AED 16,852,140
• Implied To Seller: AED 54,000,000 − AED 16,852,140 = approximately AED 37,147,860

The DLD transfer fee is typically 4% of the purchase price (approximately AED 2,160,000 on an AED 54,000,000 transaction). Developer NOC charges, trustee fees, and applicable annual service charges are available on request. Given the magnitude of this transaction, independent legal counsel from a specialist UAE property lawyer is strongly recommended before proceeding. This is a freehold property available to all nationalities.

Location and Connectivity

• Atlantis The Palm: Approximately 5 minutes by car — the iconic resort at the apex of Palm Jumeirah
• Palm Jumeirah Boardwalk: Steps from the building — 11 kilometres of beachside promenade
• Waldorf Astoria Palm Jumeirah: Approximately 3 minutes by car
• Nakheel Mall and Palm Gateway: Approximately 10 minutes by car
• Dubai Marina and JBR: Approximately 15 minutes by car via the Palm tunnel
• Mall of the Emirates: Approximately 20 minutes by car
• Downtown Dubai and Burj Khalifa: Approximately 25 minutes by car
• DIFC and Business Bay: Approximately 25 minutes by car
• Dubai International Airport: Approximately 35 minutes by car
• Palm Jumeirah Monorail connecting to Atlantis and the mainland Gateway station
• Direct access to Sheikh Zayed Road via the Palm Jumeirah tunnel (E11)

Why Invest in This Como Residences Penthouse

• AED 4,500,000 below OP — at the apex of Dubai luxury: A below-original-price entry into Como Residences on Palm Jumeirah is an event of singular rarity — this is the most prestigious address in the most iconic location in the UAE, and it is available at a material discount to the seller’s own cost
• 70% funded — de-risked entry: The seller has borne 70% of the cost. The buyer assumes a well-advanced position with only two defined remaining obligations across a managed timeline
• 9,816 sq.ft of full-floor sky estate: At AED 5,502 per sq.ft for a full-floor penthouse in Como Residences — developed by Nakheel, managed by Como Hotels, on Palm Jumeirah — this price per square foot is materially below the replacement cost of any comparable ultra-luxury branded residence currently available in Dubai
• 360° Arabian Gulf view — permanently irreplaceable: A full-floor penthouse at this elevation on Palm Jumeirah commands a view that encompasses the complete horizon of the Arabian Gulf, the Dubai skyline from DIFC to JBR, the Burj Al Arab, the Palm crescent, and the open sea to the south. No architectural configuration anywhere in Dubai delivers a more complete or more spectacular panorama
• Como Hotels brand — global ultra-luxury credential: Como Hotels and Resorts is one of the world’s most respected and exclusive hospitality brands — with properties including Il Pellicano in Tuscany, COMO The Treasury in Perth, COMO Parrot Cay in Turks and Caicos, and COMO Uma Ubud in Bali. Como Residences carries this brand’s reputation for quietly exceptional luxury into a residential ownership context that will command enduring global recognition and premium in both resale and rental markets
• Palm Jumeirah permanence: Palm Jumeirah is a fixed, finite, and globally unique geography. There will never be more beachfront or more land on the Palm — supply is structurally capped forever, and demand from the world’s ultra-high-net-worth community is permanent and growing
• Nakheel development pedigree: Nakheel created Palm Jumeirah. Their development of Como Residences is not simply a building project — it is the culmination of the master developer’s vision for the pinnacle of residential life on the geography they built
• Freehold ownership: Open to all nationalities with full Dubai Land Department title deed upon handover

Frequently Asked Questions (FAQs)