Staff Report
Dubai, UAE
Arada, a leading developer in the UAE, has revealed that it sold The Observatory penthouse at Akala, its wellness-focused branded residences located adjacent to Dubai International Financial Centre (DIFC). The sale fetched Dh125 million and ranks among the top 10 apartments sold in Dubai so far in 2025.
Spanning two floors at the top of one of Akala’s 220-metre twin towers, The Observatory offers panoramic views of the Burj Khalifa, Downtown Dubai, DIFC and the Zabeel area. In addition to six bedrooms, The Observatory also features public and private wings, an art gallery, and a rooftop terrace with private pool and jacuzzi.
At over 23,000 square feet in size, The Observatory is larger than any apartment ever sold in the DIFC, and is also the biggest apartment sold in Dubai so far this year.
Ahmed Alkhoshaibi, Group CEO of Arada, said, “We have positioned Akala as the world’s most advanced wellness residences, and this sale underscores the strength of demand for a new category of real estate, which is intentional, intelligent and focused on long-term wellbeing. In addition, the high value of this penthouse, which is rare for a non-waterfront property, speaks to the strength of Akala’s location, product quality and brand positioning.”
The 534 branded residences at Akala, as well as the five-star hotel located in the same complex, incorporate built-in wellness features, including air and water purification systems, circadian lighting, organic sleep systems, and intelligent climate zoning. Shared amenities span more than 13,000 square metres and include a clinical wellness centre, spa, gym and studios, as well as the Akala Spa.
Construction on Akala will begin in 2026 and is scheduled to be completed by the end of 2029.
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Also read: Arada acquires major Sydney-based contractor as part of Australian expansion
