Dubai property: Check out locations with most penthouses for sale

The Hills, Dubai Internet City top locations with highest number of penthouse listings

Last updated:
Manoj Nair, Business Editor
2 MIN READ
The Dubai property market continues to see significant demand for $10 million and over homes. But when it comes to currently listed penthouses, there aren't that many options.
The Dubai property market continues to see significant demand for $10 million and over homes. But when it comes to currently listed penthouses, there aren't that many options.
Dubai Media Office

Planning a penthouse purchase in Dubai? The city’s property market is stocked with ultra-pricey residential options, but when it comes to listed penthouses, these are the main areas with options available.  

 * Among neighborhoods with the highest proportion of penthouse availability is The Hills, where penthouses represent 12.9% of all homes on the market, says analysis from eXp Dubai.  

* Dubai Internet City follows with 8.6%, offering a ‘relatively strong selection’.

* Palm Jumeirah has a current 4.3% penthouse availability, matching options along those on Sheikh Zayed Road.

* The Jumeirah enclave offers 3.9% and Dubai Marina 3%, ‘giving buyers a moderate choice in some of the city’s most desirable addresses’.

* In the more mid to upper-mid residential choices, Jumeirah Village Circle and Dubai Sports City each have penthouses making up just 0.2% of the market, while developments like Dubai Hills Estate and Sobha Hartland have only 0.1% when it comes to active listings.

Manoj Nair
Manoj NairBusiness Editor
Manoj Nair, the Gulf News Business Editor, is an expert on property and gold in the UAE and wider region, and these days he is also keeping an eye on stocks as well. Manoj cares a lot for luxury brands and what make them tick, as well as keep close watch on whatever changes the retail industry goes through, whether on the grand scale or incremental. He’s been with Gulf News for 30 years, having started as a Business Reporter. When not into financial journalism, Manoj prefers to see as much of 1950s-1980s Bollywood movies. He reckons the combo is as exciting as it gets, though many will vehemently disagree.
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