BREAKING: A Dubai café has just launched the most expensive cup of coffee ever, priced at a staggering $980. Julith Café, located in an industrial district of Dubai, announced the arrival of its ultra-rare Panamanian “Nido 7 Geisha” beans, making headlines across the globe.

Co-founder and barista-in-chief, Serkan Sağsöz, revealed the beans were purchased for an eye-popping $600,000 per 20 kilograms, following a heated bidding war in Panama. This purchase marks the highest price ever recorded for coffee, a feat that has ignited conversations about wealth disparity and luxury consumption in today’s economy.

The café is only offering 400 cups of this luxurious brew, with a portion reserved for Dubai’s ruling family. For those willing to spend nearly a thousand dollars, drinkers can expect a flavor profile described as floral and fruity, featuring notes of jasmine, bergamot, apricot, peach, and honey.

This extravagant offering comes at a time when the cost of living is rising sharply. According to recent U.S. labor data, the price of roasted coffee has surged nearly 19 percent year-over-year, with a pound of coffee costing a record $9.14 in December 2023. As the average consumer grapples with these increases, the opulence displayed by Dubai’s elite starkly contrasts the financial struggles faced by many.

The co-founder’s announcement was made with considerable fanfare, highlighting the café’s ambition to redefine luxury in the coffee world. “This is not just coffee; it’s an experience,” Sağsöz stated, emphasizing the rarity and quality of the beans.

As the world watches, the opening of Julith Café serves as a reminder of the stark divide between the wealthy and everyday people. While some indulge in what can only be described as a “nectar of the gods,” others are left to navigate a challenging economic landscape.

What’s next? Coffee enthusiasts and luxury seekers will be eager to get their hands on this exclusive offering. Julith Café is expected to draw significant attention, not only for its price but also for the ongoing discussions about the implications of such extravagant spending in an increasingly unequal world.

Stay tuned for further updates on this developing story.