A four-bedroom penthouse in Dubai's Jumeirah Bay Island has sold for a record-breaking AED 122 million. This makes it the most expensive ready penthouse ever sold in Dubai.
ARCHITECTURAL GEM WITH STUNNING VIEWS
The spacious penthouse offers views of both the Dubai skyline and Bulgari Marina. It also features Bulgari's refined signature style: contemporary and timeless.
BULGARI RESORT AND RESIDENCES
The penthouse is within the Bulgari Resort and Residences. This is an urban oasis on Jumeirah Bay Island inspired by the Mediterranean's unique charms.
Also, this resort is larger than any other Bulgari destination and is home to the first Bulgari Marina & Yacht Club. It is one of the most prestigious addresses in Dubai, offering unparalleled privacy, location, and impeccable quality.
Driven Properties brokered the sale of the penthouse. The sale is part of a series of record-breaking deals the company has made. These deals include the most expensive plot and townhouse sold to the highest price per square foot. Founder and CEO of Driven Properties, Abdullah Alajaji, said that Dubai is proving once again that it is one of the hottest markets in the world, with no signs of slowing down.
Leila Shugri, the agent behind the sale, believes that the sale is proof that the property market in Dubai is continuing to grow. "This latest transaction answers all questions as to the current state of the property market in Dubai - there is no doubt that it is continuing to grow, and this becomes more and more apparent every day. This deal is one of many to come in this prime area."
Dubai's real estate market is thriving. The sale of this record-breaking penthouse and the sale of Dubai’s most expensive villa in Q4 of 2022 is proof of that. Demand for real estate in Dubai also shows no signs of slowing down. So, with incredible views and impeccable design, it is no wonder that buyers are willing to pay such high prices to call Dubai their home.