The home sets a record for the priciest deal inked in the district surrounding the tallest building in the world
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A mansion-sized Dubai penthouse has sold for AED 139 million (US$37.8 million), a record high for the neighbourhood surrounding the city’s iconic Burj Khalifa skyscraper, according to an announcement Monday from the building’s developer, Omniyat.
The four-bedroom home is within the Lana Residences, Dorchester Collection, a hotel and residential property managed by the luxury hospitality brand that opened in April in the Burj Khalifa district, the area named for the world’s tallest building.
Designed by London-based architecture firm Foster + Partners and with interiors by French design duo Gilles & Boissier, the penthouse—one of 39 units at the building—spans close to 16,600 square feet and boasts open spaces, natural materials and views of the Marasi Bay Marina and Dubai skyline.
There are also floor-to-ceiling windows, towering ceilings and a terrace with a pool, according to listing photos.
“It’s a sanctuary in which every detail has been thoughtfully curated to evoke a sense of harmonious balance,” Mahdi Amjad, founder and executive chairman at Omniyat, said in a statement.
Mansion Global couldn’t identify the buyer of the apartment.
The building itself offers residents valet parking, an outdoor pool and all of the facilities at the connected hotel, which includes restaurants, garden terraces, cocktail bars, a cigar lounge, a Dior-branded spa and a gym.
Dubai’s property market has enjoyed a major upswing since the pandemic, complete with scores of record-breaking deals and surging home prices.
In the first quarter of the year, the city was the world’s hot spot for super-prime property purchases, with 105 homes priced at US$10 million or more changing hands in the three-month period.
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The imposing stone structures, with towers, turrets and a hot tub room, lord over the landscape near the mountain resort town of Sandpoint.
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Idaho is not a place that’s often associated with Medieval castles, but a pair have just hit the market for $6.25 million.
The imposing stone structures have towers, turrets, ramparts, arrow-slit windows and even a drawbridge, and might just be the most authentic-looking castles this side of the Atlantic.
“Who expects to see a castle like this in Idaho?” said listing agent Brenda Burk of Coldwell Banker Schneidmiller Realty, who brought the property to the market last week. They are, she said, “extremely unusual.”
Schweitzer Castle and Château de Melusine, as they’re known, stand within Schweitzer Mountain Resort in the Selkirk Mountains and overlook the nearby mountain resort town of Sandpoint. They take in panoramic views of Lake Pend Oreille, Idaho’s largest lake.
The pair of ski-in/ski-out homes each have three bedrooms, two bathrooms and three stories, Burk explained. They are “so authentic,” she said. “Every single stone was handlaid.”
Schweitzer Castle, she said, wasn’t built for “functionality,” but has been modernized and adapted and now has everything a 21st-century residence requires, along with a dungeon, which for some buyers may also be a requisite.
The chateau, meanwhile, has a hot tub room with mountain views, as well as a garage.
The property is being sold furnished, and will come complete with the hand-carved statues, armor, mounted swords, stained-glass windows and a host of antiques dating to the 15th and 16th centuries.
The owner, an antique collector who couldn’t be reached for comment, “is always looking for that hidden jewel and he found that here,” Burk said.
The next custodian is likely to stem from a varied pool of buyers, Burk said, that would include “the trophy-home buyer, someone who can say ‘I own a castle.’”
The property could also appeal to someone looking for a vacation home, or a multi-generational estate, and beyond that “there’s the dreamers,” she said. “We definitely try to market to people who like Medieval history or maybe do Renaissance fairs.”
The seller “really wants it to go to someone with the same passion.”
