If you have an extra £40 million knocking around, you could be the proud new owner of one of the world’s highest residential buildings – and do exactly what you like with it, as it’s currently sitting completely empty.

The penthouse which sits proudly on the 108th floor of the Burj Khalifa in Dubai– also the world’s tallest building at 828 meters.

Named the ‘Sky Palace’  the apartment is a 21,000 square foot apartment spread across two floors and even has its own lift and a dozen dedicated parking spaces.

At 460 metres above the ground, the apartment is currently a ‘shell’ and in need of around £4m of investment to transform it into a livable home.

For a glimpse at what it could look like with the right finances, Asad Khan, CEO of Invest Dubai Real Estate (IDRE) has utilised AI to show how the apartment could be refitted.

He told The Express: “The property is currently on the market for £40million and the fact it’s an empty shell means any potential buyers can design and shape the penthouse exactly how they wish. 

However, the Dubai real estate market is booming right now so it is also a fantastic, and unique, investment opportunity too.

“We have seen similar properties in New York, Hong Kong and Tokyo being listed from £200m and upwards so expect Sky Palace to fetch for more than £90m minimum once it has been transformed inside.”

Anyone who bought the apartment would have access to all the Burj Khalifa facilities including the private lounge on the 123rd floor, outdoor jacuzzis and a 25 metre swimming pool. 

The new owners will also have access to private gated gardens, a children’s play area, a choice of three gyms, tennis courts and the Armani Hotel’s facilities.

The top 40 floors of the Burj Khalifa are currently commercial offices while the other 900 apartments on the remaining floors are 99% occupied.