Final Bulgari Lighthouse Penthouses Sold for Over AED 282 Mn
Real Estate

Final Bulgari Lighthouse Penthouses Sold for Over AED 282 Mn

Dubai’s 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’s place among the world’s 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 façade shields each home while framing uninterrupted views of the Arabian Gulf and Downtown’s 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’s 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’s meals.

The transactions were brokered by Driven | Forbes Global Properties’ Lina Allaoa and Kianoush Darban, founders of The Private Collection, the brokerage’s 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.

“Dubai 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,” said Lina Allaoa.

Kianoush Darban added, “Scarcity 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.”

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.

Dubai’s 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’s place among the world’s 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 façade shields each home while framing uninterrupted views of the Arabian Gulf and Downtown’s 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’s 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’s meals.The transactions were brokered by Driven | Forbes Global Properties’ Lina Allaoa and Kianoush Darban, founders of The Private Collection, the brokerage’s 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.“Dubai 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,” said Lina Allaoa.Kianoush Darban added, “Scarcity 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.”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.

Next Story
Building Material

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Next Story
Building Material

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

Next Story
Building Material

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App