Dubai Sets Record with Sale of Most Expensive Apartment in Its History for 550 Million Dirhams
December 13, 2025969 AufrufeLesezeit: 1 Minuten
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Dubai's real estate market witnessed a historic sale today, with the transaction of the most expensive apartment in the emirate's history, priced at 550 million dirhams.
Details of the Apartment and Project
The apartment is part of the "Bugatti Residences" development by Bin Ghatti Real Estate Company, covering an area of 47,200 square feet, translating to approximately 11,650 dirhams per square foot.
New Record
This sale surpasses the previous record set in November 2023, when a penthouse on Palm Jumeirah was sold for 500 million dirhams, making the current apartment the priciest in Dubai's history.
Growing Demand for Luxury Real Estate
The recent sale reflects the increasing demand for luxury properties in Dubai, driven by rising investments in high-end residential projects and unique living spaces.
Details of the Apartment and Project
The apartment is part of the "Bugatti Residences" development by Bin Ghatti Real Estate Company, covering an area of 47,200 square feet, translating to approximately 11,650 dirhams per square foot.
New Record
This sale surpasses the previous record set in November 2023, when a penthouse on Palm Jumeirah was sold for 500 million dirhams, making the current apartment the priciest in Dubai's history.
Growing Demand for Luxury Real Estate
The recent sale reflects the increasing demand for luxury properties in Dubai, driven by rising investments in high-end residential projects and unique living spaces.
