Brazilian football star Neymar Jr. recently acquired an AED200 million ($54.45 million) high-end penthouse in the ultra-luxurious Bugatti Residences by Binghatti, the world’s first and only Bugatti-branded residences, reaffirming Dubai’s reputation as a hub for luxury real estate.
As one of Dubai’s most exclusive and highly sought-after residences, Bugatti Residences features Business Bay’s first-ever French Riviera-inspired private beach. Paying homage to Bugatti’s pursuit of creating the incomparable, the ultra-luxury residential project also features several amenities that boast highly sophisticated designs and technical feats including a private car elevator, allowing a number of penthouse owners to park their automobiles in their very own penthouses.
182 unique residences
Binghatti designed the Bugatti Residences project with a complex structure that enables each floor plate to take on a unique shape, consequently giving every single residential unit a unique layout. This makes the project host 182 ‘piece-unique’ residences, a rare and distinct architectural concept reverberating the highly exclusive nature of the project.
Bugatti Residences by Binghatti seeks to cater to the most discerning high-net-worth individuals. Since its launch, the project has recorded some of the highest transaction prices in Dubai. The project also achieved a record-breaking highest rate per square foot in Dubai’s Business Bay district in a transaction worth AED9,674 per square foot, which the company recorded in November of last year, according to records from the Dubai Land Department.
Neymar Jr’s newest residential acquisition is part of the exquisite Sky Mansion collection within the Bugatti Residences development. It is equipped with the highly sought-after private car lift, capable of transporting cars directly to the penthouse. The penthouse also features a private swimming pool offering panoramic views of Downtown Dubai.
Read: Binghatti’s AED40 billion portfolio boasts lifestyle-centric projects
Redefining luxury living
The rise in global celebrities and high net-worth individuals choosing to become homeowners in Bugatti Residences reflects the project’s status as one of the world’s most exclusive residences set to redefine the standards of luxury living.
As of 2024, Binghatti has successfully delivered over 15,000 residential units, achieving remarkable milestones in collaboration with global brands such as Bugatti, Mercedes-Benz, and Jacob & Co. The company 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.
“Our partnerships with Bugatti, Mercedes-Benz, and Jacob & Co. stem from our desire to create properties that offer a sense of exclusivity and refinement. Just as one feels a unique sense of pride when acquiring a luxury car or an exclusive piece of art, we wanted Binghatti properties to evoke similar emotions. These collaborations allow us to blend the essence of these esteemed brands with our architectural vision, creating a fusion of art, luxury, and functionality,” stated Muhammad BinGhatti, chairman of Binghatti Holding, in a recent interview with Economy Middle East.
Binghatti Developers holds a leading position in the UAE’s property market with a portfolio exceeding 70 projects valued at over AED40 billion. The company is led by Muhammad BinGhatti, whose innovative vision aims to deliver luxurious projects that reflect refined artistic taste and high standards in design and quality.
