Dubai Sets Regional Record with Dh550 Million Penthouse Sale

Wednesday, 24 December 2025

Dubai’s luxury real estate market has reached a new milestone with the sale of a Dh550 million penthouse at Bugatti Residences by Binghatti, marking the most expensive penthouse transaction in the Middle East.

Key Highlights:

Dh550 million penthouse sold at Bugatti Residences by Binghatti in Business Bay
Most expensive penthouse sale ever recorded in Dubai and the Middle East
Expansive 47,200 sq ft residence achieved a record Dh11,650 per sq ft in Business Bay
Transaction reinforces Dubai’s global standing as a prime luxury property destination
Bugatti Residences attracts high-profile buyers, including global celebrities and athletes
Branded residences in Dubai command strong premiums and long-term investment appeal
Binghatti ranks among Dubai’s top three developers by sales volume, per DLD data