Binghatti Records $73.5 Million in Penthouse Sales at Bugatti Residences

DUBAI, UAE – Dubai's luxury real estate market continues to demonstrate strong investor demand, with branded residences remaining among the emirate's most sought-after asset classes for high-net-worth buyers.

Reflecting this momentum, Binghatti has announced penthouse sales totalling AED270 million ($73.5 million) at Bugatti Residences by Binghatti in Business Bay during June 2026.

The transactions comprised the sale of a AED200 million ($54.5 million) penthouse and a second penthouse valued at AED70 million ($19.1 million) to international buyers, underscoring sustained demand for rare ultra-luxury residences within globally branded developments.

The sales follow one of Binghatti's most significant transactions, completed in December 2025, when a penthouse at the same development sold for AED550 million ($149.8 million). The transaction was recognised as the largest penthouse sale of its kind in Dubai and the Middle East.

Bugatti Residences by Binghatti has also attracted a distinguished roster of international buyers and residents, including Brazilian football star Neymar Jr., Spanish footballer Aymeric Laporte, and internationally acclaimed opera tenor Andrea Bocelli.

Commenting on the milestone, Muhammad Binghatti, Chairman of Binghatti Holding Ltd., said:

"These record transactions reflect the strength and resilience of Dubai’s real estate market, and its continued ability to attract investors and high-net-worth individuals from around the world, driven by the emirate’s stable economic environment, investment-friendly regulations, and ambitious vision, which have reinforced its position as one of the world’s leading destinations for real estate investment. At Binghatti, we continue to contribute to this momentum by developing distinctive projects that elevate the standards of luxury living and cater to clients seeking exceptional and rare real estate assets. This reflects our ability to respond to the growing global demand for ultra-luxury real estate and contributes to the continued growth of the sector."

Located in the heart of Business Bay, Bugatti Residences by Binghatti features a collection of premium lifestyle amenities, including an artificial beach, valet parking, a luxury spa and a private car lift that provides direct vehicle access to residences, delivering an exclusive living experience inspired by the Bugatti brand.