The Jamaican currently holds world records in the 100m, 200m and 4x100m with times of 9.58s, 19.19s and 36.84s respectively
The luxury segment continues to lead the recovery in Dubai’s property sector as big-ticket units have been witnessing strong demand for the past few quarters.
On Monday, a penthouse was sold for Dh40 million ($10.9 million) at Bulgari in Jumeirah Bay Island. The deal for a half-floor 6,550 sqft penthouse was announced by Luxhabitat Sotheby’s International Realty.
Sold at Dh6,106 per square foot, the penthouse has dual views of the Dubai skyline and the marina. This year, according to Property Monitor, 23 units at the Bulgari Resorts & Residences were sold for Dh649 million.
The branded development has received a considerable amount of interest from buyers.
ALSO READ:
“Of late, the Dubai real estate market is booming, with a high demand for these exclusive penthouses at Bulgari Resorts & Residences, with more units currently available on the market. Since 2018, the average price per square foot for a unit in Bulgari Resorts & Residences has increased by 20 per cent, based on the data by the Dubai Land Department, indicating increased buyer interest,” said Honey Deylami, associate director of Luxhabitat Sotheby’s International Realty.
The Jumeirah Bay area has proven to hold some of the most exciting deals with the year.
More than Dh2 billion in sales have been recorded this year in the Jumeirah Bay Islands area so far, according to Dubai Land Department data.
A villa at Jumeirah Bay Island was sold for a whopping Dh121 million.
-waheedabbas@khaleejtimes.com
The Jamaican currently holds world records in the 100m, 200m and 4x100m with times of 9.58s, 19.19s and 36.84s respectively
Total property income posted year-on-year growth of 10% to $74m, highest value ever
All official donation channels however remain open through the outlets announced by government agencies
The Starlight Park is a four-building freehold community in Meydan
The 22-time major champion admits his farewell tour hasn't been as enjoyable as he would have hoped
Eating out, poor hand hygiene and erratic weather may be among causes, say medics
The goal-scoring striker is suffering from a muscle injury sustained during the Champions League quarter-final loss to Real Madrid
Lieutenant General Abdullah Khalifa Al Marri, Commander-in-Chief of Dubai Police, made the announcement on Wednesday