Latest news with #BugattiResidences
Zawya
28-05-2025
- Business
- Zawya
Binghatti acquires mega plot earmarked for an AED25bln landmark residential community
Land with 8 million square feet of gross floor area acquired for a master plan project, the first for the developer of Bugatti Residences, Mercedes-Benz Places and Burj Binghatti Jacob and Co. Residences Dubai, UAE – Binghatti Holding Ltd., the Dubai-based real estate developer behind iconic luxury branded residences, has announced that it has acquired freehold land with over 8 million square feet of gross floor area with an anticipated total development value of over AED 25 billion. The land is set to be used for what would be the company's first large-scale master-planned residential community in the Emirate. Located in Nad Al Sheba 1 in the heart of Dubai's sought-after Meydan district, the land has been set aside for a groundbreaking development designed to deliver a refined and tranquil lifestyle. The area has been long associated with equestrian excellence and home to the original Nad Al Sheba Racecourse, the former venue of the iconic Dubai World Cup. With seamless connectivity to major roads and proximity to Dubai's key landmarks, the planned community will offer both convenience and exclusivity. Commenting on the announcement, Chairman of Binghatti Holding Ltd., Muhammad BinGhatti said: 'The acquisition of a mega plot for what is expected be our first master-planned development marks a pivotal moment in Binghatti's growth journey. The planned new mega project would build on the strong momentum of our vertically integrated model, which has consistently enabled us to deliver distinctive, high-quality properties ahead of schedule. Our solid financial foundation has allowed us to self-fund the acquisition of the land for what is expected to be a transformative project that will set a new benchmark for integrated living in Dubai.' Binghatti currently has around 20,000 units under development across about 30 projects in prime residential areas across Dubai, including Downtown, Business Bay, Jumeirah Village Circle, Al Jaddaf, Dubai Science Park, Dubai Production City and Sports City. Binghatti's flagship properties are branded residences built in collaboration with Bugatti, Mercedes-Benz, and Jacob & Co. and have attracted celebrity clients including football star Neymar Junior and the opera star Andrea Bocelli. About Binghatti Holding Ltd.: Binghatti Holding Ltd. is a renowned Emirati brand in the real estate development sector, holding a leading position with a portfolio exceeding 80 projects valued at over AED 50 billion. Binghatti Holding is led by Chairman Muhammad BinGhatti, whose innovative vision aims to deliver luxurious projects that reflect refined artistic taste and high standards in design and quality. Binghatti Holding has successfully delivered over 11,000 residential units in the past 16 months, achieving remarkable milestones in collaboration with global brands such as Bugatti, Mercedes-Benz, and Jacob & Co. Binghatti Holding continues to expand its real estate portfolio to meet the growing market demands, focusing on delivering residential projects that elevate the level of luxury in Dubai.
Gulf News
05-05-2025
- Business
- Gulf News
After Dubai, how soon will a Trump Tower come to Abu Dhabi?
Dubai: Ahead of US President Donald Trump's visit to the Gulf next week, the UAE's property market is buzzing with talk about how soon the next Trump-branded project will launch – and whether that will be in Abu Dhabi. Or Riyadh. Talks about a Trump Tower for Abu Dhabi are 'pretty serious', according to informed sources. On whether such an announcement would happen during the US President's visit to the UAE, they declined to comment. But for now, there's lots happening on Trump projects in the Gulf. Sales at the 80-storey Trump International Hotel & Tower in Dubai have got off to a brisk start, with two-bedroom apartments from Dh4 million and four-bedroom penthouses (of which there are only two) having a sticker price of Dh70 million plus. Given its prime location at the entrance of Downtown Dubai, the price per square foot on the Trump Tower is as premium as it gets. Downtown Dubai has a mix of psf prices, in the main averaging Dh2,000-Dh8,000 and 'then pushing past that for signature developments such as Trump Tower and the Bugatti Residences by Binghatti', according to data from GCP. The Dubai launch follows that of the Trump Tower in Jeddah – 'Going by the response in Jeddah, Trump Dubai should soon be hitting its sales targets, that's for sure,' said a property industry source. 'And then there's the location in Downtown Dubai, which creates its own pull. What would be interesting to see is how soon those penthouses sell. 'With a hotel taking up 18 levels of the 80 storeys, that adds to the project's viability in the eyes of investors.' Both Trump Tower projects launched to date in the GCC will be built by Dar Global, which also has a tie up with Trump Organization for a niche super-exclusive golfing community in Oman. Trump villas in Dubai For Trump Organization, the Downtown Dubai tower is the second project with a residential part to it. Earlier, there was the Trump Estates in Damac Hills, with Property Finders showing listings of Dh16.9 million for a six-bedroom villa there and Dh8.3 million for a 5-bedroom ready home. According to Aakarshan Kathuria, CEO of the property firm RiseUp, 'The launch prices for Trump Estates' villas started from Dh3 million to Dh3.5m back when they launched in 2013. Now, the ready villas there are transacting in the range of Dh5 million plus. 'Coupled with the adjoining Trump International Golf Club - which opened in 2017 – there is significant visibility for the Trump brand in Dubai's real estate.'
Time Business News
01-05-2025
- Business
- Time Business News
Live the Legend: Discover the Elegance of Bugatti Residences
In the world of luxury real estate, few developments command attention like Bugatti Residences. Designed by the iconic French automotive brand Bugatti in collaboration with Binghatti Developers, this architectural masterpiece blends hyper-luxury with high-performance design. Located in the heart of Business Bay, Bugatti Residences isn't just another luxury tower—it's a symbol of speed, sophistication, and status. Step into the world of Bugatti Residences, and you're transported to a lifestyle where every detail is inspired by the French Riviera. From the hand-crafted interiors to private car lifts that take your supercar straight to your sky mansion, this property is tailored for those who live life in the fast lane—both literally and figuratively. The development features: Ultra-luxury penthouses and sky mansions Riviera-inspired beach areas and spa zones Direct views of the Burj Khalifa and Dubai Water Canal Private pools, fitness lounges, and personalized concierge services Whether you're a car enthusiast or simply someone who craves the extraordinary, Bugatti Residences offers an unmatched fusion of art, engineering, and elite living. Not far from this automotive-inspired marvel lies another gem in Dubai's luxury portfolio—Sobha One. Developed by Sobha Realty, this project redefines modern urban living with its blend of high-rise sophistication and serene green landscapes. Read More: Top Denim Suppliers in the USA for Quality Fabric Sources Sobha One is ideal for those seeking: High ROI investment opportunities Smartly designed 1 to 4-bedroom apartments Views of the Downtown skyline and Ras Al Khor Wildlife Sanctuary World-class amenities including golf courses, sky gardens, and waterfront access Whether you're looking to invest or move in, Sobha One and Bugatti Residences represent two ends of the luxury spectrum—equally prestigious, yet unique in their essence. With Bugatti Residences, you get the adrenaline and allure of a brand synonymous with speed. With Sobha One, you embrace tranquility, modernity, and panoramic luxury. Both offer exclusivity, security, and the kind of lifestyle that puts Dubai on the global map of elite real estate. Final Thoughts In a city where every building reaches for the sky, Bugatti Residences and Sobha One rise above with a promise of unmatched luxury and iconic living. Whether you're drawn to the dynamic, high-octane elegance of Bugatti or the serene sophistication of Sobha, one thing's for sure—you're not just buying property, you're claiming a legacy. Q1: What makes Bugatti Residences unique in Dubai's real estate market? A: Bugatti Residences is the world's first Bugatti-branded residential tower, offering ultra-luxury homes with private car lifts, Riviera-inspired amenities, and panoramic views—all designed to reflect the brand's legendary automotive legacy. Q2: Where is Bugatti Residences located? A: It is located in Business Bay, Dubai, one of the city's most vibrant and central neighborhoods, close to Downtown Dubai and the Dubai Water Canal. Q3: What types of units are available in Bugatti Residences? A: The project offers exclusive sky mansions and penthouses, each designed with high-end interiors, private pools, and bespoke luxury features. Q4: What is Sobha One, and how is it different from Bugatti Residences? A: Sobha One is a luxury high-rise residential development by Sobha Realty, known for its smart design, panoramic views, and tranquil environment. Unlike the themed luxury of Bugatti Residences, Sobha One focuses on modern living, greenery, and integrated urban lifestyle. Q5: Is Sobha One a good investment? A: Yes. Sobha One offers excellent ROI potential, especially due to its prime location, high-end amenities, and strong brand reputation in Dubai's competitive real estate market. Q6: Which development is better for end-users vs. investors? A: Bugatti Residences is ideal for ultra-high-net-worth individuals seeking exclusivity and iconic branding. Sobha One appeals to both end-users and investors thanks to its affordability, rental yield potential, and lifestyle offerings. TIME BUSINESS NEWS
What's On
12-02-2025
- Business
- What's On
Dhs750 million: These are the 5 most expensive penthouses in Dubai in 2025
Not your run-of-the-mill penthouses… The shock value of ultra-luxury is lost on the residents of Dubai, for obvious reasons. It's always a game of the most expensive, the most luxurious, the most opulent, everything in the superlative. Penthouses are the ultimate symbol of a fat wallet, and these Dubai penthouses take the cake for some of the heftiest price tags in 2025. The Sky Mansion, Bugatti Residences – Dhs750 Million This is currently the most expensive penthouse on the market in the city, and rightly so. Features include a private rooftop swimming pool and ground-floor parking akin to a high-end showroom capable of accommodating 20 cars, an indoor swimming pool, private gym, gaming room, cinema, and two kitchens. One of the standout features is a special car lift system that allows the owner to drive straight into their home and park their car in the living area. The Bugatti Residences is the only one of its kind worldwide, and this luxurious home occupies the top three floors of the tower, covering a whopping 44,214 square feet. Billionaire Sky Penthouse, Burj Binghatti Jacob & Co. Residences – Dhs750 Million Tied in with the number one, this apartment is inspired by Jacob & Co.'s iconic timepieces and the duplex apartment is named after their most expensive watch, the 'Billionaire'. The penthouse is perched 1,600 feet above ground and will feature an indoor infinity pool facing the Burj Khalifa, a gym, sauna, and multiple living areas. Upstairs features a movie theatre, family lounge, billiards area, and a massive primary suite. The building itself is being dubbed the 'hypertower' is set to break records and claim the title of the world's tallest residential building when completed. Super Penthouse R, Raffles The Palm – Dhs600 Million Spanning a massive 77,000 square feet, this triplex masterpiece is bigger than the White House and is currently the largest penthouse in Dubai and one of the largest private homes globally. The residence features a private elevator that brings guests to a grand salon with a large sitting room and terrace. The penthouse comes with 8 bedrooms alongside a private indoor and outdoor theatre, spa, and wellness area with a cryogenic room, hay-relaxation room, gym, indoor basketball court, mini-golf course, meditation garden, a cigar lounge, an expansive dining area with a table big enough for 20 guests and a kitchen with Teppanyaki cooking surfaces. Como Residence Penthouse – Dhs500 Million This one is sold, and currently the most expensive one ever sold in Dubai. This five-bedroom home spans nearly 22,000 square feet, featuring glass walls that offer 360-degree views of Dubai's iconic landmarks and the Arabian Gulf. The home is accessible via a private elevator and comes with state-of-the-art home automation, private swimming pools, a wraparound glass terrace, and an outdoor lounge with an alfresco dining area. When completed, the skyscraper will be the tallest tower on the island and have a viewing deck on the 71 floor, offering the highest view in Palm Jumeirah. Armani Presidential Penthouse – Dhs482 Million From the genius mind of Giorgio Armani, the Armani Beach Residence is a stylish new development on the shores of Palm Jumeirah. Its centrepiece is the Dhs482 million 'Presidential Suite', a chic penthouse spanning 44,000 sq. ft. with bespoke interiors by Armani Casa. Other features include the contemplative courtyard space which includes a reflective water feature and access to the open sky, massive roof terraces, high-speed lifts, with features such as a large swimming pool, jacuzzi, gym, library, cinema, and multiple entertainment spaces all included. Images: > Sign up for FREE to get exclusive updates that you are interested in
