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Record-Breaking: Dubai’s Most Expensive Property Hits the Market at 750 Million Dirhams – Business – Real Estate

by The Novum Times
26 May 2023
in Middle East
Reading Time: 1 mins read
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The costliest property on the market within the historical past of the Dubai market, priced at 750 million dirhams, was confirmed by Mohamed bin Ghatti, CEO of Bin Ghatti Actual Property, in statements to ‘Al-Bayan’. The luxurious house spans the highest three flooring of the Bugatti Residences constructing.

The house options a big non-public swimming pool on the constructing’s roof, together with a non-public floor ground parking that resembles a showroom able to accommodating 20 vehicles. Based on the worth record of the mission reviewed by ‘AlBayan Newspaper ‘, the realm of the house, named The Sky Mansion Penthouse, is 44,214 sq. toes. Thus, the worth per sq. foot of the house quantities to 16,962 dirhams. The house’s whole space within the Bugatti Residences tower is 17,493 sq. toes, together with inside areas in addition to expansive exterior areas that attain as much as 26,720 sq. toes.

The mission additionally contains different items throughout the ‘Sky Mansion Penthouse’ class, with costs starting from 130 million to 350 million dirhams. Amongst them is an house priced at 230 million dirhams, with an space of 12,986 sq. toes. Due to this fact, the worth per sq. foot on this unit quantities to 17,710 dirhams, setting a document as the best value per sq. foot ever in Dubai upon the sale of this unit. The best value per sq. foot for a offered property was 17,000 dirhams in an house within the Marina Arab Resort and Resort mission, which was valued at 420 million dirhams.”

Google NewsstandComply with Emirates 24|7 on Google Information.



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Tags: BusinessdirhamsDubaisEstateexpensiveHitsMarketMillionpropertyrealRecordbreaking

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