Dubai’s luxury real estate market continues to break records, with the Bulgari Resort and Residences recently setting a historic high for the price per square foot. Renowned for its exclusivity, architectural brilliance, and unparalleled location, this property has redefined luxury living in Dubai.
About Bulgari Resort and Residences
Location: Jumeirah Bay Island
Features: The property boasts a unique blend of Italian craftsmanship and Emirati opulence. Residents enjoy private beachfront access, marina views, and meticulously designed interiors.
Record: Recently, a penthouse in the development sold for an astonishing AED 40,000 per square foot, setting a new benchmark in Dubai’s real estate market.
Why Bulgari Resort and Residences Stands Out
Prime Location: Situated on the exclusive Jumeirah Bay Island, it offers privacy and connectivity to key areas of Dubai.
Unmatched Amenities: Residents have access to a private beach, Bulgari-branded services, fine dining, and a world-class spa.
Architectural Brilliance: The design seamlessly integrates modern luxury with timeless elegance, featuring open layouts and high-quality finishes.
Impact on Dubai’s Real Estate Market
This record-breaking sale underscores Dubai’s growing appeal to ultra-high-net-worth individuals (UHNWIs). It highlights the city’s ability to attract global investors seeking exclusivity and luxury
FAQs About Bulgari Resort and Residences
1. What is the highest price per square foot achieved in Dubai? The highest recorded price per square foot in Dubai is AED 40,000, achieved by a penthouse in the Bulgari Resort and Residences.
2. Where is the Bulgari Resort and Residences located? The property is located on Jumeirah Bay Island, an exclusive development off the coast of Dubai.
3. What amenities does Bulgari Resort and Residences offer? Amenities include a private beach, marina, fine dining restaurants, a fitness center, and Bulgari-branded services.
4. Why is the Bulgari Resort and Residences so expensive? Its exclusivity, prime location, unmatched amenities, and architectural excellence contribute to its high valuation.
5. Are there other properties similar to Bulgari Resort and Residences in Dubai? While Dubai has many luxury developments, few match the exclusivity and prestige of the Bulgari Resort and Residences.
6. Can foreigners buy properties in the Bulgari Resort and Residences? Yes, foreigners can purchase properties in designated freehold areas, including the Bulgari Resort and Residences.
7. What is the average price per square foot in Dubai’s luxury real estate market? The average price per square foot ranges from AED 2,000 to AED 6,000, making the record-breaking AED 40,000 exceptional.