Close Menu
economyarab.comeconomyarab.com
    What's Hot

    At least 36 new tech unicorns were minted in 2025 so far

    July 6, 2025

    ENOC appoints Hussain Sultan Lootah as acting CEO

    July 6, 2025

    RTA and Pony.ai to start trials in 2026

    July 6, 2025
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    economyarab.comeconomyarab.com
    Subscribe
    • Home
    • Economy
    • Market
    • Finance
    • Startups
    • Interviews
    • Magazine
    • Arab 100
    economyarab.comeconomyarab.com
    Home » Dubai real estate: Arada sells DIFC’s largest apartment in Akala for $34m
    Arab 100

    Dubai real estate: Arada sells DIFC’s largest apartment in Akala for $34m

    prasoonarya21@gmail.comBy prasoonarya21@gmail.comJuly 4, 2025No Comments2 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Dubai real estate developer Arada has sold “The Observatory,” a record-breaking AED125m ($34m) penthouse at its wellness-focused Akala development near Dubai International Financial Centre (DIFC).

    The sale ranks as one of the top 10 apartments sold in Dubai so far in 2025, underscoring the strong global investor interest in Akala.

    Spanning two floors at the top of one of Akala’s 220m twin towers, The Observatory offers panoramic, unblocked views of the Burj Khalifa, Downtown Dubai, DIFC and the Zabeel area.

    The Observatory in Akala DIFC in Dubai

    Featuring six bedrooms, The Observatory is also notable for a number of design features including an expansive Grand Room that showcases the views, public and private wings, an art gallery and a rooftop terrace with private pool and jacuzzi.

    At more than 23,000sq ft, The Observatory is larger than any apartment ever sold in the DIFC, and is also the biggest apartment sold in Dubai so far this year.

    Located between Index Tower and Central Park Towers, the AED5bn ($1.4bn) Akala project is underpinned by a precision wellness ecosystem that integrates advanced diagnostics, performance therapies and a curated hospitality model to deliver measurable health outcomes.

    Ahmed Alkhoshaibi, Group CEO of Arada, said: “We have positioned Akala as the world’s most advanced wellness residences, and this sale underscores the strength of demand for a new category of real estate, which is intentional, intelligent and focused on long-term wellbeing. In addition, the high value of this penthouse, which is rare for a non-waterfront property, speaks to the strength of Akala’s location, product quality and brand positioning.”

    The 534 branded residences at Akala, as well as the ultra-luxury five-star hotel located in the same complex, incorporate built-in wellness features, including air and water purification systems, circadian lighting, organic sleep systems and intelligent climate zoning.

    Shared amenities span more than 13,000sq m and include a clinical wellness centre, spa, high-performance gym and studios, as well as the Akala Spa.

    Akala also features a unique “weightless” service environment, combining AI-enabled hospitality, wellness concierges, in-home treatments and curated meal plans.

    Akala is LEED Gold and WELL Silver precertified and is the first location in a global pipeline of wellness-focused residences and retreats planned under the Akala brand.

    Construction on Akala will begin in 2026 and is scheduled to be completed by the end of 2029.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleI have $6.5 million in retirement savings and support my working son. Should we move to a state with no income tax?
    Next Article flydubai launches AI-powered biometric smart gates
    prasoonarya21@gmail.com
    • Website

    Related Posts

    Dubai real estate: Investors can soon buy, sell property under new DLD, Crypto.com deal

    July 6, 2025

    Dubai’s RTA launches trials for driverless vehicles

    July 6, 2025

    UAE National Day 2025: Will there be a five-day weekend? Expected dates revealed

    July 6, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    10 Trends From Year 2020 That Predict Business Apps Popularity

    January 20, 2021

    Shipping Lines Continue to Increase Fees, Firms Face More Difficulties

    January 15, 2021

    Qatar Airways Helps Bring Tens of Thousands of Seafarers

    January 15, 2021

    Subscribe to Updates

    Your weekly snapshot of business, innovation, and market moves in the Arab world.

    Economy Arab is your window into the pulse of the Arab world’s economy — where business meets culture, and ambition drives innovation.

    Facebook X (Twitter) Instagram Pinterest YouTube
    Top Insights

    Top UK Stocks to Watch: Capita Shares Rise as it Unveils

    January 15, 2021
    8.5

    Digital Euro Might Suck Away 8% of Banks’ Deposits

    January 12, 2021

    Oil Gains on OPEC Outlook That U.S. Growth Will Slow

    January 11, 2021
    Get Informed

    Subscribe to Updates

    Your weekly snapshot of business, innovation, and market moves in the Arab world.

    @2025 copyright by Arabian Media Group
    • Home
    • About Us

    Type above and press Enter to search. Press Esc to cancel.