The Golden Phoenix, the world’s most expensive cupcake, has debuted in the Dubai Mall as part of the opening of the cupcake franchise Bloomsbury’s.

The cupcake, which costs $1,007, is composed of Italian chocolate, organic flour and vanilla beans from Uganda, and is served on a 24-carat gold stand, alongside a golden spoon and garnished with strawberries dipped in edible gold.

The National reports:

“We have seen people attempt expensive cupcakes before, however, those are not edible as they are incrusted with diamonds and other components,” said (Vinay Lall, the general manager of Tablez Food Company, which owns the concept of Bloomsbury’s).

If you’re vacationing in Dubai, be sure to check out the exotic-looking treat.

But if you plan on eating one, be sure to order ahead – each cupcake takes about 48 hours to prepare.

Credit: Photo courtesy of Dubai Mall’s Facebook page