A mansion-sized Dubai penthouse has sold for AED 139 million (US$37.8 million), a record high for the neighborhood surrounding the city’s iconic Burj Khalifa skyscraper, according to an announcement Monday from the building’s developer, Omniyat.

The four-bedroom home is within the Lana Residences, Dorchester Collection, a hotel and residential property managed by the luxury hospitality brand that opened in April in the Burj Khalifa district, the area named for the world’s tallest building.

Designed by London-based architecture firm Foster + Partners and with interiors by French design duo Gilles & Boissier, the penthouse—one of 39 units at the building—spans close to 16,600 square feet and boasts open spaces, natural materials, and views of the Marasi Bay Marina and Dubai skyline.

There are also floor-to-ceiling windows, towering ceilings, and a terrace with a pool, according to listing photos.

The penthouse has almost 16,600 square feet of living space.

Courtesy of Omniyat

“It’s a sanctuary in which every detail has been thoughtfully curated to evoke a sense of harmonious balance,” Mahdi Amjad, founder and executive chairman at Omniyat, said in a statement.

Mansion Global couldn’t identify the buyer of the apartment.

The building itself offers residents valet parking, an outdoor pool, and all of the facilities at the connected hotel, which includes restaurants, garden terraces, cocktail bars, a cigar lounge, a Dior-branded spa, and a gym.

Dubai’s property market has enjoyed a major upswing since the pandemic, complete with scores of record-breaking deals and surging home prices.

In the first quarter of the year, the city was the world’s hot spot for super-prime property purchases, with 105 homes priced at US$10 million or more changing hands in the three months.