Dubai Cafe Serves $980 World’s Most Expensive Coffee
- * Cafe: julith Coffee in Dubai * coffee Type: Nido 7FC panama Geisha * Price: 3,600 dirhams (approximately $980 USD) per cup - a new world record.
- * Dubai recently held the previous record for the most expensive coffee (2,500 dirhams).
- * The average price of ground roast coffee reached a record high of $9.14 per pound in September, more than double the price in December 2019.
Here’s a breakdown of the key details from the article:
The expensive Coffee:
* Cafe: julith Coffee in Dubai
* coffee Type: Nido 7FC panama Geisha
* Price: 3,600 dirhams (approximately $980 USD) per cup – a new world record.
* Flavor Profile: Floral (jasmine), fruity (orange, bergamot, apricot, peach), honey-like, delicate and sweet.
* Bean Source: Won at auction in Panama for around 2.2 million dirhams ($600,000) for 20 kilograms. grown near Panama’s Baru volcano.
* exclusivity: Julith doesn’t plan to share the beans widely, reserving most for Dubai’s ruling family.
* Quantity: They plan to serve “around 400 cups.”
Dubai’s Luxury Market:
* Dubai recently held the previous record for the most expensive coffee (2,500 dirhams).
* Residents acknowledge that extremely expensive items are common in Dubai and seen as status symbols.
U.S. Coffee Price Increases:
* Roasted coffee prices in the U.S. have increased 18.9% as of September.
* The average price of ground roast coffee reached a record high of $9.14 per pound in September, more than double the price in December 2019.