Full Floor Penthouse | Como Residences | 4BR | 9,400 SqFt | Net AED 43.5M | -24% Below Market

LOCATION

Palm Jumeirah, Dubai. The most recognised waterfront address in the Middle East. Como Residences is positioned on the trunk of the Palm, delivering unobstructed 270-degree views across the Arabian Gulf, Atlantis, Dubai Marina skyline, and the Palm fronds below. The building is Nakheel’s ultra-luxury residential flagship — a curved tower designed to maximise waterfront exposure on every level. Immediate access to the Palm Monorail, Nakheel Mall, and the private beach and marina infrastructure that defines Palm living.

PROPERTY DETAILS

• Type: Full floor penthouse — the entire level belongs to one unit
• Bedrooms: 4 Bathrooms: Multiple — full en-suite configuration
• Area: 9,400 sqft
• Floor: High floor — elevated above the Palm canopy line, unobstructed sightlines in all directions
• Layout: Open-plan living and dining, private terrace wrapping the full perimeter of the floor
• Configuration: No shared floor with neighbouring units — complete privacy, single-residence level
• Developer: Nakheel
• Project status: under construction, handover -2028 Q2

DISTRESS DEAL

• Market price: AED 57,000,000
• Net to owner: AED 43,500,000 Discount: approximately 24% below current market
• Price per sqft at asking: approximately AED 4,627 — against a market average of 6,000+ per sqft for this tier Seller motivation: High. This is a liquidity-driven exit, not a negotiation exercise. The seller is motivated to close.

WHY THIS DEAL

Full-floor penthouses at Como Residences do not trade at a discount. When they trade at all, it is at a premium. The current listing exists because of a personal liquidity event on the seller’s side — the asset itself has no issue. For a buyer with capital ready to deploy, this is the kind of entry that does not repeat. The gap between asking and market is not a negotiation margin — it is already priced in.