Dubai Sets Record with Sale of Most Expensive Apartment for 550 Million Dirhams
December 13, 2025972 VistasTiempo de lectura: 1 minutos
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Dubai's real estate market achieved a historic milestone today with the sale of the emirate's most expensive apartment for 550 million dirhams in the Commercial Bay area.
Details of the Apartment and Project
The apartment is part of the "Bugatti Residences" project, developed by Binghatti Properties, covering an area of 47,200 square feet, which translates to approximately 11,650 dirhams per square foot.
New Record
This sale surpasses the previous record set in November 2023, when a penthouse in Palm Jumeirah within the Como Residences project sold for 500 million dirhams, making the current apartment the most expensive in Dubai's history.
Rising Demand for Luxury Properties
This recent transaction underscores the increasing demand for luxury properties in Dubai, amidst growing investments in high-end housing projects and unique residential communities.
Details of the Apartment and Project
The apartment is part of the "Bugatti Residences" project, developed by Binghatti Properties, covering an area of 47,200 square feet, which translates to approximately 11,650 dirhams per square foot.
New Record
This sale surpasses the previous record set in November 2023, when a penthouse in Palm Jumeirah within the Como Residences project sold for 500 million dirhams, making the current apartment the most expensive in Dubai's history.
Rising Demand for Luxury Properties
This recent transaction underscores the increasing demand for luxury properties in Dubai, amidst growing investments in high-end housing projects and unique residential communities.
