The Bvlgari Lighthouse, located in Dubai's prestigious Jumeirah Bay Island, has set a new record for the most expensive apartment ever sold in the city, fetching a whopping AED 410 million (USD 112 million).
The most expensive apartment sold on February 1, 2023, spans over 38,970 sq. ft. and boasts breathtaking views of the Arabian Gulf and the Dubai Marina skyline. It features 9 bedrooms, seven bathrooms, a private infinity pool, and a private 13,000-square-foot terrace, making it the perfect space for entertaining guests.
Crafted by the world-renowned architectural firm Antonio Citterio and Patricia Viel, the building showcases a harmonious blend of Italian contemporary design and nature-inspired elements, reflecting the stunning natural beauty of sea & sky. This branded development is fitted with top-of-the-line amenities, including a fully equipped gym, a cinema room, and a private lift.
The Bvlgari lighthouse was one of the featured developments in the recently published
H2 2022 Branded Residences report of Morgan’s International Realty. Also, Bvlgari was the most expensive address in terms of average price per sq.ft which was recorded at AED 9,148 as of the second half of 2022 in the branded residences report. (
Download the full report here.)
The sale of this most expensive apartment reflects the continued growth and appeal of Dubai's real estate market, which has consistently attracted a large number of investors from around the world. With its thriving economy, excellent infrastructure, and world-class facilities, Dubai has become one of the most sought-after destinations for those looking to buy or invest in luxury property.
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