Sitting on top of ONE at Palm Jumeirah - a 25 storey tower - the plush penthouse pad comes with an infinity pool and spa, as well as a 12-space garage.
Described as a 'private temple' the lavish complex is due for completion by 2017 and being constructed by Omniyat and Drake and Scull International.
The eight-bedroom suite, which sprawls across 42,477 square-feet, is decked with a staggering 16,641sq ft of balcony area.
As well as a maid's quarter, a kitchen with a separate prep room and wall-to-wall windows, there is a professional barbecue pit and outdoor terrace.
The entire building was designed by New York firm SOMA architects and boasts panoramic views of both the ocean and the flashy city.
Other facilities include a gym, a hair salon and a cinema.
Previously, an apartment in Dubai's Burj Khalifa building clinched the title as the city's most expensive property after selling for $16.3m (£10.62 million).
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