ع
A Monday market update detailed two luxury residential units in Dubai selling for Dhs93 million combined. One apartment spanning 6,788 square feet at Bugatti Residences in Business Bay went for Dhs63 million, working out to roughly Dhs9,281 per square foot. The second unit measuring 3,569 square feet in Mercedes-Benz Places achieved Dhs30 million, equating to about Dhs8,408 per square foot. These deals reflect sustained appetite for branded ultra-luxury properties in prime locations.
Binghatti has positioned itself at the forefront of Dubai’s branded residential sector through collaborations with global names such as Bugatti and Mercedes-Benz. The Bugatti Residences incorporate design motifs inspired by the automotive marque, including specialized features for high-end living. Mercedes-Benz Places contributes to a broader master-planned district that blends luxury automotive themes with residential offerings. Such projects have drawn international investors seeking distinctive assets in the city.
Knight Frank data places the number of Dubai homes sold for more than $10 million at 296 during the first half of 2026. Those deals generated $5.1 billion, marking a 14 percent increase in value from the comparable period a year earlier, the consultancy reported. Transaction volumes for these super-prime properties rose 16 percent year on year. Dubai maintained its standing as one of the world’s most active markets at this price level.
The Knight Frank Wealth Report highlighted Dubai’s notable performance in global luxury house price growth. The emirate recorded substantial gains within the Prime International Residential Index according to the publication. Buyers from Europe, Asia and neighbouring regions have increasingly targeted exclusive developments that offer both lifestyle appeal and investment upside. These patterns have reinforced Dubai’s reputation for stability in the high-net-worth segment.
Both developments benefit from locations that provide convenient access to business districts, retail destinations and leisure attractions. Bugatti Residences occupies a prominent spot in Business Bay while Mercedes-Benz Places lies near the Burj Khalifa area. Typical amenities across these schemes encompass private pools, wellness facilities, concierge services and secure parking solutions designed for discerning residents. The transactions illustrate willingness among purchasers to commit significant capital to properties that deliver brand-aligned experiences.
Dubai’s residential sector has maintained momentum with luxury sales contributing a disproportionate share of overall value. Developers including Binghatti continue to introduce new inventory that caters to demand for iconic, limited-edition residences. Participants in the market project ongoing interest in this segment as further projects approach completion over the next several quarters.
