Most expensive apartments in Dubai: Start at Dh55 million

In fact, the Wealth Report 2013, produced by UK-based Knight Frank, reported that Dubai’s prime luxury properties were over 10 times lower than Monaco, the world’s most expensive residential property market.

The list of most expensive apartments in the world by US-based Lincoln Property Company, include a Dh1.47 billion ($400 million) penthouse in Monaco and a Dh173 million ($47 million) New York apartment with a lap pool.