Dubai Luxury Apartment Record: Como Residences Penthouse Sold to Turkish Investor
Dubai has set a new benchmark in luxury real estate with the record sale of the Como Residences penthouse on Palm Jumeirah. This ultra-luxury apartment fetched a staggering $130 million (approx. ₺5.23 billion), marking the highest overseas property investment by a Turkish citizen, and one of the highest in Dubai’s real estate history.
This record-breaking transaction reflects the ever-evolving Dubai luxury apartment market, where projects like Como Residences are becoming symbols of affluence, lifestyle, and future worth.
Como Residences: A New Architectural Pinnacle
Located on Palm Jumeirah, Como Residences is one of Dubai’s premier luxury property developments. The penthouse, positioned atop the tower, features 5 bedrooms, a private infinity pool, and 360° unobstructed sea views. High-end finishes, custom furnishings, and smart home technology showcase a fully personalized approach to luxury living.
Scheduled for delivery in 2027, this penthouse represents the ultimate in Dubai luxury apartment living.
Historic Purchase by a Turkish Investor
The buyer is a prominent Turkish entrepreneur, whose identity remains private. This investment stands as the most significant property acquisition by a Turkish national abroad. It highlights the growing confidence of Turkish investors in Dubai neighborhoods like Palm Jumeirah, Downtown Dubai, and Dubai Marina.
This sale sets a new chapter in Dubai’s property narrative—high-end apartments are no longer just homes, but global assets and status symbols.
A New Era in Dubai’s Real Estate Market
The Como Residences penthouse sale attests to Dubai’s emergence as a global luxury hotspot. The post-pandemic surge in international interest, coupled with Dubai’s investor-friendly approach, attracted high-net-worth individuals from every continent.
Properties like this penthouse blend luxury, exclusivity, and long-term investment potential, making Dubai’s real estate sector a beacon for global investors.
Experience It in Person – Visa & Visit Tips
To see Palm Jumeirah and Emirates’ premier residences firsthand, start by obtaining a valid Dubai visa. Stay close to the action with nearby luxury hotels and immerse yourself in Dubai’s offerings:
Sightseeing on a Dubai city tour
Dining at world-class restaurants
Adventure via activities or a desert safari
Visit architectural landmarks like the Museum of the Future or Burj Khalifa
Travel independently by renting a car or elevate your stay by renting a yacht
Dubai Visa Types and Fees (2025)
30 Days Single Entry Visa
Adult: $125 | Child: $80
This visa is ideal for short-term visits to Dubai. It allows a single entry, meaning you can enter and exit the country only once. It's suitable for tourists or short business trips.
30 Days Multiple Entry Visa
Adult: $210 | Child: $160
This option is perfect for travelers who need to enter and exit Dubai multiple times within 30 days. It’s especially convenient for those planning to visit neighboring Gulf countries during their stay.
30 Days Visa Extension
Adult & Child: $330
If you’re already in Dubai and wish to extend your stay, this service allows you to add 30 more days to your existing tourist visa without leaving the country.
60 Days Single Entry Visa
Adult: $190 | Child: $140
Planning a longer vacation or business visit? This visa allows you to stay in Dubai for up to 60 days with a single entry.
60 Days Multiple Entry Visa
Adult: $300 | Child: $280
This visa lets you enter and exit Dubai multiple times within a 60-day period. It's ideal for business travelers or those exploring multiple destinations in the region.
Visa Cancellation
Adult & Child: $75
This fee applies when canceling a visa. If you plan to apply for a new visa, the previous one may need to be canceled first.
Express Service
Adult & Child: $50
Need a visa quickly? The express service ensures faster processing compared to the standard timeline, ideal for urgent travel plans.
Travel Insurance
Adult & Child: $20
While not mandatory for entry, travel insurance is highly recommended. It covers potential issues such as medical emergencies or baggage loss during your trip.
A Landmark in Dubai Luxury Investment
The Dubai luxury apartment record set by the Como Residences penthouse purchase is more than a headline—it signals the city’s standing as an elite real estate destination. With breathtaking design, unmatched comfort, and panoramic views, this property sets the gold standard.
If you're ready to explore prestige living or make your next investment in Dubai, start by securing your Dubai visa and exploring premier properties in person.