Financial Times FT.com

Dubai's $30m penthouse sale trumps record

By Simeon Kerr in Dubai and Daniel Thomas in London

Published: June 24 2008 03:00 | Last updated: June 24 2008 03:00

Dubai government developer Nakheel hopes to sell a penthouse in Donald Trump's towers on Dubai's first artificial island for more than $30m, which would smash the emirate's record for its most expensive apartment.

The two towers of the Trump International Hotel & Tower, scheduled for completion in 2011, will form the gateway to Palm Jumeirah, the offshore development that will host a permanent residence for the Cirque du Soleil and the retired QE2 cruise liner, along with hotels, apartments and villas.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this