Trump Plans $30 Million Dubai Penthouse

by Deidre Woollard (RSS feed)
Jun 25th 2008 at 8:02AM

Donald Trump's project on the Palm Jumeriah development in Dubai may have quite the penthouse up for sale. Property developer Nakheel has announced that they expect to sell a penthouse in theTrump International Hotel & Tower on Palm Jumeirah for more than $30 million. Designer Kelly Hoppen has designed two penthouses in the tower which will have 399 residences and townhouses total.

Trump has released his standard hyperbolic statement, saying that he believes " Palm Jumeirah is on course to become one of the world's premier tourist destinations." He also said he is planning to reserve a property in the tower for himself. The 62-story, stainless steel and glass Trump International Hotel & Tower will be the tallest structure on Palm Jumeirah and should be completed in the summer of 2011. It will stand as the gateway to the palm-shaped development, straddling the center line of the Palm Jumeirah, making it the gateway to the heart of the development.

Gallery: Trump Projects