Investing in the Bugatti Sky Penthouse isnt just purchasing a home; its securing a lucrative asset and a luxurious lifestyle in a market poised for long-term growth. The Bugatti Sky Penthouse in Dubai offers a rare opportunity to own a piece of architectural luxury in one of the world's most sought-after real estate markets. Heres why this investment stands out: Owning a Bugatti-branded property offers not just financial returns but also status, access to elite networks, and the potential to resell at a significant profit as demand for branded luxury real estate continues to grow. Luxury real estate in Dubai has shown impressive returns, with premium properties often appreciating faster than standard developments. Timeline Oct 2024: Brazilian footballer Neymar Jr. has invested over $50 million in a penthouse. Jan 2024: Binghatti Properties claims to be in serious negotiations for the sale of Dubai's most expensive penthouse, priced at Dh750 million, situated in the Sky Mansion Penthouse. Dec 2023: According to the developer, the first phase of Bugatti Residences has sold out, with sales nearing the Dh1 billion mark. Dec 2023: The project has achieved the highest rate per square foot among off-plan projects in Dubai, at AED 9, 674, as per November figures from the Dubai Land Department (DLD). Area: Business Bay Overview: Bugatti Residences is a 48-storey residential building under development in Business Bay, Dubai. The developer: The project is being developed by Binghatti Developers. Timeline: Construction began in 2024. Height: 200 meters (656 feet) Units: The development will contain an estimated 182 units. Unit layouts: Bugatti Residences will comprise a mix of one- , two- , three- and four-bedroom apartments as well as penthouses. Key dates: Construction began in 2024. The estimated handover date is December 2025. Master developer: The master developer is Dubai Properties Group. The architect: The architect of record is Silver Stone Engineering Consultants. The contractor: The main building work is being done by Granada Europe Engineering Contracting Company and the foundation work is being carried out by International Foundation Group. Structure: The substructure contains four basement levels which are used for parking. Amenities: Amenities will include a VIP lounge, a bodyguard service, a butler service, a car lift, concierge services, a gymnasium and sauna, private parking spaces, private pools, a spa and valet parking services. Project value: According to the Land Department, the project is valued at AED1, 890, 000, 000 (USD514.6m). Additional information The project was officially launched on May 24th 2023 at the Coca-Cola Arena in Dubai. The building is located directly adjacent to Zaha Hadid's The Opus. The tower is comprised of 171 Riviera Mansions and 11 penthouse Sky Mansions. The Riviera Mansions come in three types: two-bedroom Cannes Mansions, three-bedroom St Tropez Mansions, and four-bedroom Monaco Mansions. The Mansion apartments all have large balconies and some of the Sky Mansion penthouses have private pools. The Sky Mansions come with car lifts. The podium contains a 'Riviera-inspired' artificial beach with sand and palm trees. At the time of launch, the interior finishes were expected to include solalite blue marble, Calacatta gold, fluted tan wood, brushed chrome, brushed mesh and glossy chrome
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