Dubai鈥檚 ultra-luxury property market shows no sign of cooling. Driven | Forbes Global Properties has completed the sale of the last two penthouses at the Bulgari Lighthouse on Jumeirah Bay Island for a combined amount of more than AED 282 million, reinforcing the emirate鈥檚 place among the world鈥檚 most resilient prime residential hubs. The first five-bedroom residence, spanning 11,657 sq ft, reached a whopping AED 146.6 million, while the second, achieved AED 136.25 million.
Designed by Italian architects Antonio Citterio and Patricia Viel, Bulgari Lighthouse blends contemporary engineering with Mediterranean calm. A coral-inspired fa莽ade shields each home while framing uninterrupted views of the Arabian Gulf and Downtown鈥檚 skyline. Terraces flow into private infinity pools, and double-height salons are finished in Italian marble, warm oak and hand-laid silk panelling. A combination of location, craftsmanship and privacy that has made Lighthouse one of the most wanted addresses in Dubai鈥檚 ultra-prime market.
Every detail of Bulgari Lighthouse, from its infinity pool to lush Mediterranean gardens, is run by the neighboring Bulgari Resort, ensuring a highly private, tailored experience complete with a concierge who can arrange everything from sunset-lawn gatherings to a signature chef鈥檚 meals.
The transactions were brokered by Driven | Forbes Global Properties鈥� Lina Allaoa and Kianoush Darban, founders of The Private Collection, the brokerage鈥檚 specialist team for ultra-high-end property. The duo is well known for setting several records in the area, from the highest price per square foot, to the most expensive villa in Jumeirah Bay Island.
鈥淒ubai offers our international clients two things they value most: a secure place to allocate their capital and an unbeatable way of life. Bulgari Lighthouse unites those advantages in a single address, blending sound investment with everyday opulence,鈥� said Lina Allaoa.
Kianoush Darban added, 鈥淪carcity drives value. With fewer than 40 residences in the tower, and amenities that rival a private resort, Lighthouse is arguably the most coveted address in Dubai.鈥�
Their success mirrors the broader market: Dubai logged a record AED 62.4 billion in property transactions this April, up 95 percent year-on-year, driven largely by trophy waterfront assets. Analysts expect headline deals to keep setting new benchmarks through 2025 as supply of genuine ultra-prime stock remains limited.
A member of the Forbes Global Properties network, Driven Properties remains a trusted leader at the pinnacle of Dubai real estate, setting new benchmarks for sellers while opening rare opportunities for discerning buyers.
