Have you ever imagined living in the ultimate luxury? Well, if you've ever wondered what it's like to wake up with a view of the stunning Dubai Marina, work out in your private gym, dip in your rooftop pool, and dine in a private chef's kitchen, then let's see the brightest million dollar apartments. These properties are masterpieces designed for billionaires. They sparkle with jaw-dropping views, are super-technological and often eco-friendly, but always stylish and glamorous.
Of course, the list of the most luxurious apartments in the world changes yearly, as cities, like technologies, continue to grow. And for every seemingly super-expensive apartment, a new one comes along, even better and more extravagant. What remains unchanged, though, are the sky-high prices. Let’s take a look at the top ones this year.
1. Odeon Tower Penthouse, Monaco ($440 Million)
Main Features: Private infinity pool, water slide, 360-degree views of the Mediterranean.
Nicknamed the "Sky Palace," this most expensive flat in the world sits atop Monaco’s iconic Odeon Tower. With five stories of luxury, this penthouse has a private rooftop pool and even a water slide. It’s a home fit for royalty in a country synonymous with wealth and exclusivity.
Renowned architect Alexandre Giraldi designed the penthouse, and it’s rumored to attract celebrities and billionaire investors looking for a tax haven.
2. 220 Central Park South Penthouse, New York ($238 Million)
Main Features: Record-breaking price, private elevator, custom interiors.
This penthouse set the record for the most expensive real estate transaction in the U.S. Robert A.M. Stern's design combines timeless elegance with breathtaking Central Park views. Its owner, hedge fund manager Ken Griffin, made headlines with this purchase in 2019.
3. One Hyde Park Penthouse, London ($247 Million)
Main Features: Private spa, panic room, bulletproof windows.
If you’re looking for a local landmark in London’s prestigious Knightsbridge, One Hyde Park is the place to be. Residents enjoy a private cinema and a golf simulator. Interestingly, it’s not just the beauty, comfort, and luxury that justify the price — it's also the security of the residents. There is a panic room and everything necessary to protect residents during emergencies. Well-thought-out, isn’t it?
4. Sky Mansion, Bugatti Residences, Dubai ($204 Million)
Main Features: Private rooftop pool, car lift, over 44,000 square feet of space.
Dubai’s real estate market has outdone itself with this penthouse. From its car elevator to its luxurious rooftop, this property screams modern luxury. The aesthetics of the iconic Bugatti car brand inspire it.
5. Billionaire Sky Penthouse, Burj Binghatti Jacob & Co., Dubai ($204 Million)
Main Features: Infinity pool, private cinema, duplex design.
The first thing that catches the eye is the world’s tallest residential building. Nothing is surprising about that — Dubai's architects have their ambitions. The building is adorned with Jacob & Co. diamond-themed designs. Do you think just an infinity pool and private cinema justify the penthouse’s price? Think again — this residence combines luxurious features like a duplex design with jaw-dropping architecture.
6. The Knightsbridge Penthouse, London (~$150 Million)
Main Features: Panoramic city views, bespoke finishes, concierge service.
This luxurious penthouse is in the heart of London, offering unparalleled views of the city’s landmarks. Its exclusivity and bespoke design make it one of the most luxurious apartments in the world. The Knightsbridge Penthouse is a favorite for high-profile international buyers.
7. Como Residence Penthouse, Dubai ($136 Million)
Main Features: 360-degree views, private elevator, and proximity to Dubai’s landmarks.
Another Dubai gem, this penthouse combines modern luxury with breathtaking design. It’s perfect for those who demand the best of everything. It’s one of the latest additions to Dubai’s luxury skyline.
8. Ritz-Carlton Penthouse, New York ($118 Million)
Main Features: 15-foot ceilings, private terrace, and stunning views of Central Park.
One of the most famous names in hospitality, The Ritz-Carlton, delivers a home as iconic as its brand. Nestled in Manhattan, this penthouse blends classic luxury and modern charm. It's a staple in most expensive apartments and still stands among newer rivals. This penthouse has hosted countless high-profile events and has been a favorite for Hollywood A-listers.
9. One57 Penthouse, New York ($100 Million)
Main Features: Full-floor layout, 360-degree city views, bespoke interiors.
One57 is a symbol of Manhattan’s Billionaires’ Row. This penthouse is perched high above the city, with every room boasting views of the iconic New York skyline. It’s a haven for those who want to be at the center of it all. Its glass facade was designed to reflect the city’s dynamic lights.
10. Wallich Residence Penthouse, Singapore ($54 Million)
Main Features: 21,000 square feet, panoramic city views, private pool.
This is Singapore’s crown jewel. From its sheer size to its incredible amenities, it’s no surprise that it’s the most expensive property on the island. The penthouse offers a "bungalow in the sky" experience.
Wait, is there something like this in Cyprus?
Why Cyprus? It’s simply a mecca for future homeowners and property buyers. Low taxes, a wonderful climate, and huge potential for your property to generate income in the future. Of course, millionaires don't need to worry about that, but something interesting might catch their attention.
- Del Mar Limassol Penthouse ($15 Million): With stunning sea views and bespoke interiors, this penthouse represents the pinnacle of Cypriot luxury.
- The Oval Penthouse, Limassol ($12 Million): One of the tallest buildings in Cyprus, this property offers panoramic views of the Mediterranean.
- The Icon Penthouse, Limassol ($10 Million): This penthouse combines modern luxury with the laid-back Mediterranean lifestyle.
Expert Conclusion
So, it’s time for some statistics. Over 70% of the world’s luxury real estate market is concentrated in a few cities, including New York, London, and Dubai. No surprises there – big cities have always dominated. However, don’t miss the opportunity to get the same luxury living in a quieter location at a more accessible price, like Cyprus. Whatever you decide, don’t wait too long. The global luxury property market is projected to grow by 10% annually over the next five years.