World’s first Bugatti Residences launched in Dubai – News

Residents of the new ultra-luxury building will drive all the way to their floors

The 43-storey ultra-luxury project in Business Bay will house 171 luxury residences and 11 sky penthouses. – Photos provided

Bugatti Residences, the French luxury carmaker’s first residential project globally, was launched in Dubai by Emirati family-owned developer Binghatti on Wednesday night, as demand for branded and ultra-luxury residences continues to grow to lead local real estate in the post-pandemic period market.

The 43-storey ultra-luxury project in Business Bay will house 171 luxury residences and 11 sky penthouses, each occupying an entire floor.

Prices start from AED 19.09 million, inspired by 1909, the year Bugatti was founded. All units have a view of the Dubai Water Canal and downtown Burj Khalifa on the other side.

The first Bugatti residence will feature a Riviera-inspired beach, private pool, jacuzzi, health club, chef’s table, private valet parking, private members’ club and car lift from the two-car garage to the penthouse.

Interestingly, ultra-high-net-worth residents of Bugatti Residences by Binghatti will be able to drive into the elevator and then directly access their floors, as each unit has a dedicated parking space. The tallest penthouses will have 20 parking spaces.

The first Bugatti residence will feature a Riviera-inspired beach, private pool, jacuzzi, health club, chef’s table, private valet parking, private members’ club and car lift from the two-car garage to the penthouse. – Photos provided

One of the floors will also have an exhibition space for the dedicated cars of those who live there. The project is scheduled to be completed within three and a half years.

According to a report published by Savills, Dubai is the world’s top destination for branded residences, based on completed and pipeline planned supply.

The US, UAE, Vietnam and Mexico are expected to add the most schemes by pipeline volume – with more than 30 schemes per country by 2027.

One of the floors will also have an exhibition space for the dedicated cars of those who live there. The project is scheduled to be completed within three and a half years. – Photos provided

“When you open the door of a Bugatti and sit in, you immediately know it’s special; something truly unparalleled. With Bugatti Residences, we hope to translate that feeling into a highly exclusive retreat in the heart of a metropolis. Every pair of planet Earth Great brands that make a global impact – whether through cars, watches or any luxury item – start with a deep-rooted design philosophy and a clear philosophy for a specific lifestyle. We have built the Binghatti brand along similar pillars,” said Binghatti CEO Muhammad Binghatti said.

Bugatti Rimac CEO Mate Rimac said many companies approached them for Bugatti-branded products, such as mobile phones, bicycles and scooters, but they rejected them in order to protect the brand’s identity and exclusivity. “We have been discussing real estate for a while now and many people have come to us, but we have never found a partner who meets our criteria. When Muhammad Binghatti contacted us, we found that they were the right partner and Dubai was the right one The location. They had the right expertise and the financial muscle—it hit all the boxes. Most importantly, they really backed the project—not just the managers running it, but the entire Binghatti family,” Rimac said.

Binghatti said all of the company’s projects meet the highest sustainability standards. “We want to bring the experience that people enjoy in the Palm Jumeirah and the French Riviera to the heart of the metropolis. We want to bring the automotive experience into the project,” he added.