Dubai Sets Record with Sale of Most Expensive Apartment at 550 Million Dirhams
December 13, 2025970 VuesTemps de lecture: 1 minutes
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Dubai's real estate market reached a historic milestone on Friday, marking 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, currently being developed by Binghatti Properties, and encompasses 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 in the Como Residences project at Palm Jumeirah sold for 500 million dirhams, establishing the current apartment as the priciest in Dubai's history.
Growing Demand for Luxury Properties
The recent transaction underscores the increasing demand for luxury properties in Dubai, amid heightened investments in upscale residential projects and unique residential complexes.
Details of the Apartment and Project
The apartment is part of the "Bugatti Residences" project, currently being developed by Binghatti Properties, and encompasses 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 in the Como Residences project at Palm Jumeirah sold for 500 million dirhams, establishing the current apartment as the priciest in Dubai's history.
Growing Demand for Luxury Properties
The recent transaction underscores the increasing demand for luxury properties in Dubai, amid heightened investments in upscale residential projects and unique residential complexes.
