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30,000,000 AED

7+

100,000 sqft

AED 30,000,000

Own this from just

107,968 AED/month
7+ Bathrooms
100,000 sqft / 9,290 sqm
VILLA FOR SALE IN AL DHAIT NORTH, AL DHAIT

ROYAL PALACE | COMMERCIAL POTENTIAL READY

Welcome to an extraordinary palace, previously owned by a royal family,
and a true masterpiece of design by an Iranian artist who dedicated 15 years to its creation.

This magnificent estate is adorned with historical objects, furniture, and artworks from around the globe, including exquisite pieces from Syria, Morocco, India, and China. You'll marvel at the hand-painted walls and mosaics that add a touch of elegance to every corner.

The façade of the palace is adorned with a very special white marble that originates from the Kaaba in Mecca. This exquisite marble not only protects the palace from external heat but also imbues it with profound religious significance.

The palace sits on a vast 200,000 sq ft plot on a prominent hill and boasts 20 distinct bedrooms, each one unlike the other, 20 luxurious bathrooms, and 8 grand halls. With a sprawling 100,000 square feet of built-up area, there's ample space to explore and enjoy. Additional features include a serene prayer hall, a well-equipped office, and a spacious kitchen.

After being abandoned for almost 30 years, the palace has been completely restored by the current owner over the past year. Its history is filled with intrigue, as many world-famous politicians and celebrities have tried to purchase this palace, but it was never available for sale.

This palace not only holds immense historical and cultural value but also presents a wealth of commercial opportunities. Plans are already in place to transform it into a successful venture, whether it be a luxury hotel, a fine dining restaurant with a rooftop bar or theme park attraction with thrill rides.

Adding to its allure, the palace is shrouded in legend, rumored to be haunted, which only enhances its charm. It's currently the number one famous palace in the Middle East and ranks as the fifth most renowned palace worldwide.

Contact us today for valuation reports and more information on this incredible investment opportunity.

Property details

Property Type

Villa

Property Size

100,000 sqft / 9,290 sqm

Bathrooms

7+


Location

Map preview
Al Dhait North
Residential Insights

Price Range:

2.3M-30M AED

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Daria Burlak

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PARAGON PROPERTIES LLC - RAK

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Experience

16 years

Closed Deals

2

Languages

English,French,Russian,Mandarin

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300,000 AED35,000,000 AED
30%
9,000,000 AED24,000,000 AED
1 year25 years

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Monthly payment

107,968 AED

with interest rate of

3.75%

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Reference

PP-S-8366

Listed

3 months ago

Broker License

58229

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Daria Burlak

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Own this property from just

107,968 AED /month

Fixed rates from: 3.75%

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