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The Bulgari penthouse in Dubai occupies an entire floor and showcases the brand’s ‘contemporary and timeless’ design style Dubai’s high-end real estate market has achieved a remarkable feat as a 4-bedroom penthouse in Bulgari Resort and Residences has recently been sold for an unprecedented amount of($33.2 million (AED 122 million). This sale sets a new record for the highest price ever paid for a ready penthouse in Dubai. Spanning 12,113 square feet, the property exemplifies Bulgari’s renowned blend of contemporary and timeless design aesthetics. With views of both the Dubai skyline and Bulgari Marina, the penthouse offers an “extraordinary living experience.” The transaction was facilitated by Driven Properties, who has been instrumental in a series of groundbreaking deals, including the sale of the most expensive plot, townhouse, and the achievement of the highest price per square foot. An ‘urban oasis’ Located on the Jumeirah Bay Island coastline, Bulgari Resort and Residence is a unique and highly sought-after development inspired by the Mediterranean. It is larger in scale than any other Bulgari destination and offers residents an urban oasis complete with the first Bulgari Marina & Yacht Club in the world. The penthouse’s sale is a testament to the growing demand for luxury real estate in Dubai, especially in exclusive developments such as Bulgari Resort and Residence. Despite the pandemic, the city’s real estate market has remained robust, with high-end properties attracting wealthy investors from around the world. “Dubai is once again demonstrating that it is one of the hottest markets in the world, with no signs of slowing down. Bulgari Resort and Residences has outperformed all other areas, and with good reason; the privacy this project offers is unparalleled, as is its location and impeccable quality,” said Abdullah Alajaji, Founder and CEO of Driven Properties. With its stunning design, incredible views, and exceptional amenities, the record-breaking penthouse in Bulgari Resort and Residence has set a new benchmark for luxury real estate in Dubai, making it a truly one-of-a-kind living space. “This latest transaction answers all questions as to the current state of the property market in Dubai – there is no doubt that it is continuing to grow, and this becomes more and more apparent every day. This deal is one of many to come in this prime area,” Leila Shugri, the agent behind the sale added. |
