Dubai’s real estate market has witnessed a historic transaction with the sale of a fully upgraded apartment on Jumeirah Bay Island, also known as Bulgari Island, at nearly AED 17,000 per square foot, the highest price ever recorded for a ready apartment in the city.
The sale was facilitated by real estate agents Lina Allaoa and Kianoush Darban of Driven Properties, who represented the seller in this record-breaking deal. The apartment, located on a high floor, offers sweeping views of the Dubai skyline, Bulgari Marina, and the sea, cementing its appeal to luxury buyers.
Jumeirah Bay Island, connected to Dubai’s mainland by a 300-meter bridge, is known for its exclusivity and luxury. The island is home to the renowned Bulgari Resort and Residences, offering residents world-class amenities and unmatched privacy.
Commenting on the sale, Abdullah Alajaji, CEO and Founder of Driven Properties, said, “This new record highlights the strength of Dubai’s luxury real estate market. Lina and Kianoush have once again demonstrated their expertise in delivering exceptional results.”
Driven Properties has a strong track record on Jumeirah Bay Island, consistently surpassing previous records and setting new benchmarks in the luxury property sector.
