Dubai actual property developer Binghatti has introduced the sale of the most costly penthouse ever offered within the metropolis for AED550m ($150m) at Bugatti Residences by Binghatti.
The record-breaking deal was concluded by Binghatti’s Chief Gross sales Officer Abdullah Binghatti and units a brand new benchmark for Dubai’s property market.
The transaction additionally achieved the best value per sq. foot ever recorded in Enterprise Bay, reaching AED11,650 per sq ft ($3,172).
Bugatti Residences by Binghatti penthouse in Dubai
Chairman Muhammad Binghatti mentioned: “Yr to this point, we have now achieved the number-one place in Dubai’s actual property market, with greater than 14,000 items offered, surpassing each private and non-private friends.
“As Dubai’s fastest-growing actual property participant, Binghatti has now risen into the highest three builders within the metropolis, commanding a major share of the market in accordance with the most recent Dubai Land Division figures. These outcomes mirror the power of our technique and the belief our purchasers place in our imaginative and prescient.”
Spanning 47,200sq ft, the ultra-exclusive penthouse underscores demand for Bugatti Residences by Binghatti, the world’s first Bugatti-branded residential growth.
The venture has already attracted a roster of worldwide names, with soccer celebrity Neymar Jr, Italian tenor Andrea Bocelli, and worldwide footballer Aymeric Laporte amongst those that have bought residences inside the growth.
Situated within the coronary heart of Enterprise Bay, the event gives direct entry to town’s key enterprise districts and landmarks, positioning it as a vacation spot for consumers looking for status, privateness, and safety.
With ultra-luxury properties, signature Sky Mansion penthouses, and world-first options providing distinctive privateness and bespoke facilities, Bugatti Residences continues to form the higher tier of Dubai’s luxurious property market.
The file sale additional reinforces Dubai’s standing as a world capital for luxurious actual property whereas highlighting Binghatti’s technique of delivering architectural icons that push the boundaries of exclusivity and scale.
