High-End Apartments Will Be Available In Cavalli Tower, Safa One De Grisogono, And Safa Two De Grisogono.
Three of DAMAC Properties’ most opulent developments in Dubai now offer a variety of penthouses as well as luxury apartments. With views of The Palm Jumeirah from Dubai Marina, the developer’s Safa One de Grisogono, Safa Two de Grisogono, and Cavalli Tower all contain its Skylofts Collection.
The 40th to 61st floors of Safa One will house The Skylofts Collection. On the top floor, residents will have direct exposure to a tropical garden and a rainforest. In addition, the podium level will feature an artificial beach pool. The collection at Safa Two will be on the 73rd to 84th floors and offer access to a fog forest on the 85th floor. Which has a lush landscape and artificial fog, as well as adventure opportunities via Edge Walk & Glass Slide amenities.
On top of that, guests will have access to a gym and an artificial beach pool on the 11th floor. As well as a floating pool on the 60th floor. According to DAMAC, Cavalli Tower will have “the most luxurious penthouse in the entire Palm and its surroundings.” Residents of the skylofts, which will be located on the 68th to 71st floors, will have access to the Malibu Bay beach and an infinity pool set within a sky garden.
“It is a novel strategy to set apart our ultra-luxury portfolio for real estate investors, “said DAMAC Vice President.” The Skylofts Collection is the epitome of a lavish lifestyle unmatched by any other in Dubai, distinguished by access to ultra-premium amenities and opulent design aesthetics.
Regarding the completion date for the units, DAMAC was vague. Safa One penthouses begin at Dh44.3 million. While Cavalli penthouses begin at Dh61.1 million ($16.6 million). DAMAC recently won a $120 million bid to purchase land in the upscale Miami neighborhood of Surfside. Where it intends to construct an opulent, Cavalli-branded condominium project. DAMAC recently purchased the Italian fashion house, Roberto Cavalli, in 2019.
Due to the UAE’s overall economic recovery, Dubai’s real estate market has been expanding over the past year. According to a report from real estate consulting firm Knight Frank, prime market has been particularly robust with rising demand. Villa prices on The Palm have increased by 68 percent since pandemic began and by 51% over previous 12 months.
The city’s most sought-after neighborhoods are in high demand, and there is a limited supply of real estate in those areas. Which has contributed to record price growth. The first half of 2022 saw 82 ultra-prime deals for homes costing more than $10 million, according to Knight Frank. In comparison, 2021 will see 93 ultra-prime deals.