Bulgari Lighthouse in Dubai Sells Final Two Penthouses for a Record AED 282 Million
In yet another example of Dubai’s booming luxury real estate market, the last two penthouses at the exclusive Bulgari Lighthouse development on Jumeira Bay Island have sold for a combined AED 282.85 million — cementing the tower’s position as one of the most valuable addresses in the city.
Record-Breaking Luxury: A Closer Look at the Deals
The first penthouse, spanning 11,657 square feet and featuring five bedrooms, was sold for an eye-watering AED 146.6 million, while the second fetched AED 136.25 million — a total of AED 282.85 million for just two homes.
These are some of the highest-value transactions recorded in Dubai’s property market, continuing the tower’s record-setting legacy.
Design Inspired by Nature and Crafted for Elegance
Designed by renowned architects Antonio Citterio and Patricia Viel, Bulgari Lighthouse showcases a stunning coral-inspired façade that offers both protection and panoramic views — including unobstructed vistas of the Arabian Gulf and Downtown Dubai.
Interiors are finished with hand-laid silk panels, Italian marble, warm oak, and soaring double-height salons. Each unit is further enhanced with private infinity pools on the terraces, delivering a truly resort-style experience.
A Private Resort in the Sky
With fewer than 40 apartments in the entire tower, Bulgari Lighthouse offers a sense of exclusivity that few developments in Dubai can match. Amenities are said to “rival a private resort,” offering residents the best of waterfront luxury and privacy.
Brokers Behind the Deal: Setting New Benchmarks
The final penthouse sales were facilitated by Kianoush Darban and Lina Allaoa of Driven | Forbes Global Properties, who are no strangers to breaking records. The duo is known for consistently achieving the highest price per square foot on Jumeira Bay and has now added another milestone to their portfolio.
According to Darban, “Bulgari Lighthouse is arguably the most sought-after address in Dubai.” Allaoa adds, “Dubai gives our clients two things they value most: a secure investment climate and an unrivaled lifestyle. Bulgari Lighthouse delivers both in one ultra-premium location.”
Why This Matters for Dubai’s Real Estate Market
This transaction is a powerful reminder of the global demand for Dubai’s luxury properties. Investors and ultra-high-net-worth individuals continue to view the city as a haven for wealth preservation and elite living — especially in limited-supply developments like Bulgari Lighthouse.
Conclusion
With only a handful of residences and record-breaking sales to its name, Bulgari Lighthouse has become a landmark in Dubai’s property history. It not only symbolizes high-end living but also represents the continued confidence of global investors in Dubai’s premium waterfront lifestyle.
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