Binghatti has sold two luxury penthouses at its Bugatti Residences development in Dubai's Business Bay for a combined Dh270 million, underscoring continued demand for premium residential properties in the emirate. The transactions include one penthouse sold for Dh200 million and another for Dh70 million, with both homes purchased by international buyers. The sales were completed in June and add to a series of high-value transactions that continue to position Dubai among the world's leading luxury property markets.
The residences form part of Bugatti Residences by Binghatti, a branded residential development that has attracted global attention for its luxury design and exclusive positioning. The latest transactions follow the sale of a Dh550 million penthouse within the same project in December 2025, which was reported as the largest penthouse transaction in Dubai and the Middle East.
Demand for Branded Luxury Homes Remains Strong
Dubai continues to witness sustained demand for branded residences from international buyers and high-net-worth individuals seeking premium homes. Developments associated with globally recognised luxury brands have emerged as one of the fastest-growing segments of the emirate's residential market, supported by strong investor confidence and Dubai's reputation as a global investment destination.
According to Binghatti Chairman Muhammad Binghatti, the latest sales demonstrate the resilience of Dubai's real estate market and its ability to attract wealthy investors from around the world. He attributed the continued momentum to the emirate's stable economic environment, investment-friendly regulations and long-term development vision.
Bugatti Residences Continues to Set Benchmarks
The Bugatti Residences project has gained prominence for recording several landmark transactions since its launch. The development has also attracted internationally recognised personalities, including footballers Neymar Jr. and Aymeric Laporte, along with renowned opera singer Andrea Bocelli, who have acquired residences within the project.
- Developer: Binghatti
- Development: Bugatti Residences
- Number of penthouses sold: Two
- Combined transaction value: Dh270 million
- Highest individual sale: Dh200 million
Luxury Market Momentum Continues
Binghatti stated that it currently has a portfolio of more than 100 projects valued at over Dh100 billion. The company has delivered more than 50 projects and maintains a development pipeline spanning approximately 30 million square feet of sellable area.
The latest penthouse transactions reinforce Dubai's position as one of the world's leading destinations for luxury real estate investment. Continued demand from international buyers, combined with the growing popularity of branded residences, is supporting activity in the city's ultra-premium residential segment and contributing to the broader growth of the property market. Dubai luxury real estate continues to attract global attention through record-breaking transactions and high-profile developments.
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