The “Bugatti Residence” project records the highest record for the price per square foot in Dubai

The sale of off-plan luxury properties in Dubai continues its exceptional growth and is going from strength to strength with high returns and record sales prices, especially in new luxury projects.
After-sales reports revealed that the “Bugatti Residence” project, which is being implemented by Binghatti Real Estate Development Company in the Business Bay area in Dubai, outperformed all other projects under construction in the emirate, as it achieved the highest rate at 9,674 AED per square foot, according to the figures. The official report published by the Dubai Land Department for the month of November 2023, reports also indicate that the first phase of the project has been completely sold out, with numbers exceeding one billion UAE dirhams.
Commenting on this, the CEO of Binghatti Real Estate Development Company, Mohammed Binghatti, said: “I am happy with the sales rates achieved by our sales team in this project, which is set to become the most prestigious residential project with prominent brands in Dubai… and the demand for the project remains strong.” It targets wealthy individuals and families who are looking forward to an exceptional experience when they purchase a penthouse in the Bugatti Residence project.”
The “Bugatti Residence” project is a new high-rise tower under development implemented by Binghatti Real Estate Development Company and located in the Business Bay area. The project consists of luxury apartments with attractive and unique designs, and is characterized by excellent ceiling heights and natural lighting with spacious balconies that provide wonderful entertainment spaces, making it a unique model that sets the standards of luxury living in Dubai. It should be noted that the project was inspired by the vision of creating something that cannot be replicated. This was reflected in the project’s unique elements in terms of its design, services, and the superior experience it provides.
“Bugatti Residence” was designed to include 182 residential units with unique characteristics in terms of their design, view, and degree of comfort they provide. The project is unique in its “Sky Mansion Penthouse” apartments, which ensure that residents have access to the apartments with car elevators, so that their private cars are displayed in their residences.
The project, which bears the Bugatti brand, will also provide an upscale beach club inspired by the beaches of the French Riviera, swimming pools, a spa, and a gym, with 24/7 security services, and a specialized concierge services team.
The Bugatti brand and service team will provide authentic craftsmanship and unparalleled levels of satisfaction in maintaining a limitless luxury living experience.
Binghatti Real Estate Development Company looks forward to achieving more achievements as the end of the fourth quarter of 2023 approaches and the new year approaches.