Dubai property sets early record for 2023 – costliest penthouse deal for Dh410 million

Dubai property

Dubai: It sure hasn’t taken long for super-luxury home sales in Dubai to set some new records in 2023 – starting with a Dh410 million sale of a 3-level penthouse unit on Jumeira Bay Island’s ‘Bulgari Lighthouse’. The deal was registered on February 1 for the nine-bedroom unit that stretches over a near 39,000 square feet, according to the data.

Dubai property

Now, the super-sized deals didn’t end there. Also on February 1, there was another unit on Jumeira Bay island that fetched Dh112 million (13,785 square feet) for the seller, while January 30 recorded a Dh67 million one – yes, also at the same location.

The Dh410 million transaction easily clears the previous record for a Dubai penthouse, one for Dh163 million at Atlantis The Royal Residences on Palm Jumeirah, which was announced in August last.

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