Most Expensive Apartment in Dubai Sold for Dh410 Million
- Publish date: Friday، 03 February 2023 | Last update: Tuesday، 10 December 2024
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A 9-bedroom apartment was sold for Dh410 million ($112 million) on February 1, 2023 at Bvlgari Lighthouse, Jumeirah Bay Island, Dubai. This makes it the most expensive apartment to be sold ever in the emirate.
The deal was verified and confirmed by Property Monitor, however, the buyers of the 38,970 sqft. apartments were not disclosed.
The 27-storey Bvlgari Lighthouse. which will be developed by Meraas, consists of four and five bedroom ultra-luxury residences with prices starting from Dh64 million. Overlooking the Arabian Sea and Dubai’s skyline, it will house 31 penthouses and the magnificent three-storey Sky Villa, featuring nine bedrooms and a private 13,000-square-foot terrace. The tower is scheduled for completion in June 2027.
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.