Binghatti Sells Two Luxury Penthouses for AED 270 Million, Reinforcing Dubai’s High-End Property Market

Dubai’s luxury real estate market continues to attract global investors as leading developer Binghatti announced the sale of two ultra-luxury penthouses worth a combined AED 270 million. The landmark transactions took place at the prestigious Bugatti Residences by Binghatti in Business Bay, with one penthouse selling for AED 200 million and the second for AED 70 million. Both properties were purchased by international buyers, highlighting the growing confidence of overseas investors in Dubai’s premium property sector.

These latest sales further strengthen Dubai’s reputation as one of the world’s top destinations for luxury real estate investment. According to Binghatti Chairman Muhammad Binghatti, the deals reflect the resilience of Dubai’s property market and its ability to attract high-net-worth individuals from across the globe. The city continues to benefit from strong economic growth, investor-friendly regulations, world-class infrastructure, and a stable business environment.

The transactions also follow another record-breaking milestone for the developer. In late 2025, a penthouse at the same Bugatti Residences development sold for AED 550 million, setting a new record as the most expensive penthouse ever sold in Dubai and the Middle East. These consecutive high-value sales demonstrate the increasing demand for branded residences that combine luxury design, exclusive amenities, and globally recognized brands.

Located in Business Bay, Bugatti Residences by Binghatti has become one of Dubai’s most iconic luxury developments. Inspired by the renowned French automotive brand, the project offers exceptional architecture, private lifestyle experiences, premium amenities, and unmatched waterfront views. The development has also attracted several prominent international personalities, further enhancing its global appeal.

As Dubai continues to witness strong demand for premium and branded residences, developers are launching increasingly exclusive projects to meet the expectations of wealthy international buyers. Industry experts believe that luxury properties in prime locations will remain one of the strongest-performing segments of the UAE real estate market, supported by rising investor confidence and sustained global interest.

The sale of these two penthouses is another clear indication that Dubai’s luxury property sector remains on a strong growth trajectory. With record-breaking transactions becoming more frequent, the emirate continues to solidify its position as a global hub for luxury living and high-value real estate investment.

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