Dubai luxury market heats up with record sales on Jumeirah Bay Island

Forbes Global Properties has closed the sale of the final two penthouses at the Bulgari Lighthouse on Jumeirah Bay Island for over AED 282 million. One penthouse, a five-bedroom spanning 11,657 sq ft, fetched AED 146.6 million, while the second sold for AED 136.25 million. The residences are designed by Italian architects Antonio Citterio and Patricia Viel.

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