As more and more people aspire to buy a luxurious home in this sought-after location, penthouse sales in the UAE have increased recently. A number of elements, such as the robust economy and rising demand for luxury lodging, have contributed to this price increase. The cost of penthouses varies according on its size, location, and amenities. In the Emirate, a penthouse typically costs AED 20 million. Some of the most costly homes in the world are penthouses, according to the Emirate.