Record-Breaking Property Sales: Bugatti Residences by Binghatti Penthouse for $150 Million
Dubai An ultra-exclusive penthouse at Bugatti Residences by Binghatti sold for AED 550 million (approximately $150 million), the most expensive residential sale ever documented in the Middle East, shattering long-standing norms in Dubai’s luxury real estate market.
Under the leadership of Chief Sales Officer Abdullah Binghatti, the historic purchase was completed in early December 2025, setting a new standard for Dubai’s super-prime real estate market. It also set the highest price per square foot ever recorded in the esteemed Business Bay sector, at AED 11,650 (about $3,172).
An Architectural and Lifestyle Masterpiece
The Bugatti Residences by Binghatti is the first residential building in the world to bear the name of the famous brand Bugatti, combining the DNA of its car design with an ultra-luxury residential lifestyle.
The high-end apartments and penthouses Dubai will measure 47,200 square feet and be at the top of the skyline, offering unique panoramic views.
The concept of the work is based on the fluid lines of the French Riviera and the ethos of Bugatti’s speed-driven design philosophy, combining sculptural architecture with premium finishes and indoor-outdoor living areas.
The custom facilities for residents include Riviera-inspired secluded beaches, personal swimming pools, a jacuzzi spa, exquisite fitness and wellness suites, members-only bars, 24-hour concierge services, and more.
Supercars Meet Skylines: Car Lifts & Urban Luxury
One of the iconic elements of Sky Mansion penthouses, and the one this record-breaking unit is most sought after for, is the presence of private car lifts. These enable hypercar owners to roll their cars straight into their houses, combining car lust and house status.
This is a combination of life and machine, which is an element in the brand history of Bugatti, where performance, design, and exclusivity hold the highest priority, but in this case, it is in a vertical residential version.
Driving Demand Among Global Icons
The Bugatti Residences are very attractive beyond their prices. It has already attracted a number of high-profile buyers, and this is an indication that it is already enjoying its cachet among high-profile buyers across the world:
Neymar Jr., a Brazilian football superstar, has allegedly bought his own Sky Mansion penthouse in the development.
European football player Aymeric Laporte and international tenor superstar Andrea Bocelli are also listed as residents of the project, underscoring its international appeal.
The historic sale not only breaks records in the city of Dubai, even in high-end units in Palm Jumeirah, but also puts the emirate’s strength and creativity in the Dubai branded luxury apartments in the limelight.
The Chairman of Binghatti, Muhammad Binghatti, emphasized the company’s phenomenal growth rate, noting that the developer has sold more than 14,000 units across its projects, putting it among the top three real estate developers in Dubai.
Dubai’s Super‑Prime Real Estate on the World Stage
This exceptional sale reinforces Dubai’s position as a magnet for global capital and affluent buyers seeking ultra‑luxury homes with rare amenities. With branded residences, bespoke service offerings, and architectural innovation at the forefront, the emirate continues to attract capital and prestige from around the world — making headlines on the Dubai ultra‑luxury property launch stage.
