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Bulgari Lighthouse apartment sold for whopping Dh410 mn

Business Dubai 04 Feb 23
Bulgari Lighthouse apartment sold for whopping Dh410 mn
Dubai's most expensive, 9-bedroom, sea-facing apartment sold for a whopping Dh410 million.
Fee
Event Location
Dubai, Dubai
Area
Dubai
Start Time
04 February 2023, 12:00 AM
End Time
31 March 2023, 12:00 AM
Website

An apartment has been sold for a whopping Dh410 million ($112 million) at Bulgari Lighthouse, Jumeirah Bay Island, becoming the most expensive apartment to be sold ever in the emirate. The nine-bedroom apartment is spread over 38,970 sqft, of which 13,066 sqft consists of a balcony/terrace.

However, the names of the Dh410 million apartment buyer and real estate brokerage were not disclosed. The deal was verified and confirmed by Property Monitor, which provides real estate data analytics, research, tools, and platforms to professionals across the industry.

Overlooking the Arabian Sea and Dubai’s skyline, Bulgari Lighthouse will house 31 penthouses and the magnificent three-storey Sky Villa, featuring nine bedrooms and a private 13,000-square-foot terrace. To be developed by master developer Meraas, the 27-storey Lighthouse consists of four and five bedroom ultra-luxury residences with prices starting from Dh64 million.

The most expensive apartment sold on February 1, 2023, will be located on one of the top floors of the tower.

The previous record for the most expensive was held by a Dh163.4 million apartment located at Royal Atlantis the Palm. While the most expensive villa was sold for Dh600 million on the tip of N frond of Palm Jumeirah.




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