The Middle East’s Most Expensive Penthouse at “Bugatti Residences” by “Binghatti” Sold for AED 550m

Dubai 12 December 2025:

Binghatti is proud to announce a landmark achievement in the region’s luxury real estate sector with the sale of the most expensive penthouse in Dubai and the Middle East, valued at AED 550 million, at the iconic Bugatti Residences by Binghatti.

The historic transaction was concluded by Binghatti’s Chief Sales Officer Abdullah Binghatti, setting a new world record for Dubai’s real estate market and achieving the highest price per square foot ever recorded in Business Bay, reaching AED 11,650 per sq.ft.

Commenting on the achievement, Chairman Muhammad Binghatti states:

“Year to date, we have achieved the number-one position in Dubai’s real estate market, with more than 14,000 units sold, surpassing both public and private peers. As Dubai’s fastest-growing real estate player, Binghatti has now risen into the top three developers in the city, commanding a significant share of the market according to the latest Dubai Land Department figures. These results reflect the strength of our strategy and the trust our clients place in our vision.”

Spanning an extraordinary 47,200 sq.ft, this ultra-exclusive residence stands as a testament to the unmatched demand for Bugatti Residences by Binghatti, the world’s first Bugatti-branded residential development.

The development has already become home to several global icons, with football superstar Neymar Jr., Italian tenor Andrea Bocelli, and international footballer Aymeric Laporte among those who have purchased residences within the project.

Crafted for the world’s most discerning high-net-worth individuals, Bugatti Residences blends the elegance of French art de vivre with the energy of Dubai’s metropolitan core. Located in the heart of Business Bay, the development offers unparalleled access to the city’s major landmarks and business hubs, making it a preferred destination for global elites seeking prestige, security, and elevated living.

With its ultra-luxury homes, signature Sky Mansion penthouses, and world-first features, including exceptional privacy and bespoke amenities, Bugatti Residences continues to define the uppermost tier of Dubai’s luxury property landscape.

This record-breaking sale further reinforces Dubai’s position as a global capital for luxury real estate and highlights Binghatti’s ongoing commitment to delivering architectural icons that push the boundaries of innovation and exclusivity.

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Bugatti Residences by Binghatti Sets Dubai Real Estate World Record with AED 550M Penthouse Sale

Dubai, UAE (Date):

Binghatti announces the record-breaking sale of a AED 550 million penthouse at Bugatti Residences by Binghatti, now officially the most expensive penthouse ever sold in Dubai and the Middle East. The transaction, concluded by Chief Sales Officer Abdullah Binghatti, set a new Business Bay record at AED 11,650 per sq.ft.

The ultra-luxury penthouse spans 47,200 sq.ft, reinforcing the unparalleled prestige of the world’s first Bugatti-branded residences. Bugatti Residences is already home to prominent global figures, including Neymar Jr., Andrea Bocelli, and Aymeric Laporte, reflecting its status as one of Dubai’s most exclusive addresses.

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