Two luxury residential units in Dubai sold for Dhs93 million
- Source
- Gulf Today - Business
- Source link
- https://www.gulftoday.ae/business/2026/08/17/two-luxury-residential-units-in-dubai-sold-for-dhs93-million
- Published
- 2026-08-17 14:18:00
- Discovered by ProcIntel
- 2026-08-17 18:27:57
- Category
- GCC Spotlight
- Geography
- UAE
- Organisations
- —
- Review status
- Pending
- Record type
- REAL
Summary
Dubai’s real estate market saw two luxury residential units sold for a combined Dhs93 million during midday trading on Monday, according to Dubai REST app. The first apartment, located in the Bugatti Residences project by Binghatti, was sold for Dhs63 million. Situated in the heart of Business Bay, the apartment spans 6,788 square feet, averaging Dhs9,282 per square foot. The same developer also recorded the sale of a luxury apartment in its Mercedes-Benz Places project, located in Burj Khalifa area, for Dhs30 million. The apartment covers 3,569 square feet, averaging Dhs8,408 per square foot.
Procurement Relevance Gate
- geographic_exposure (weight 8) — matched on "1 linked geography"
Initial Signal Assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.
A provisional, automatically-computed reading of this individual Signal, before Event extraction or human review. Not a final rating.
Not Assessed — this Signal did not pass the Procurement Relevance Gate, or is fictional/excluded test data.